APTV
FY2026 Q1 · Calendar Q2 2026
Aptiv PLC
Aptiv's Q1 2026 results show a company mid-transition. The completed Versigent spin-off refocuses Aptiv on advanced safety, software, and engineered components, while record EPS of $1.71 and $7B in new business awards demonstrate underlying operational strength. However, only 1% revenue growth, negative free cash flow of $362M from separation costs, and headwinds from FX and commodity inflation temper near-term enthusiasm. Management maintained full-year guidance, signaling confidence that growth accelerates later in the year. The stock initially dropped 7.9% on the report but has since rallied over 40%, suggesting the market increasingly validates that view.
EPS surprise+5.6%
Market move-7.9%
