Allison Transmission Holdings Inc. (ALSN) financial statements: income statement, balance sheet and cash flow

Allison Transmission Holdings Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Allison Transmission Holdings Inc. reported revenue of $3.0B (-6.7% year on year) and net income of $623.0M (-14.8% year on year).

Income statement

Allison Transmission Holdings Inc. income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net sales	$3.0B	$3.2B	$3.0B	$2.8B
Cost of sales	$1.5B	$1.7B	$1.6B	$1.5B
Gross profit	$1.5B	$1.5B	$1.5B	$1.3B
Selling, general and administrative	$380.0M	$337.0M	$357.0M	$328.0M
Engineering - research and development	$174.0M	$200.0M	$194.0M	$185.0M
Loss associated with impairment of long-lived assets	$29.0M	—	—	—
Operating income	$880.0M	$992.0M	$919.0M	$784.0M
Interest expense, net	($92.0M)	($89.0M)	($107.0M)	($118.0M)
Other income (expense), net	$16.0M	($6.0M)	$15.0M	($21.0M)
Income before income taxes	$804.0M	$897.0M	$827.0M	$645.0M
Income tax expense	($181.0M)	($166.0M)	($154.0M)	($114.0M)
Net income	$623.0M	$731.0M	$673.0M	$531.0M
Basic earnings per share attributable to common stockholders	$7.42	$8.40	$7.48	$5.53
Diluted earnings per share attributable to common stockholders	$7.33	$8.31	$7.40	$5.53
Foreign currency translation	$17.0M	($13.0M)	$2.0M	($10.0M)
Pension and OPEB liability adjustment	($17.0M)	($1.0M)	($7.0M)	$22.0M
Interest rate swaps	($5.0M)	($6.0M)	($4.0M)	$39.0M
Total other comprehensive (loss) income, net of tax	($5.0M)	($20.0M)	($9.0M)	$51.0M
Comprehensive income, net of tax	$618.0M	$711.0M	$664.0M	$582.0M

Allison Transmission Holdings Inc. income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Net sales	$1.6B	$1.4B	$693.0M	$814.0M
Cost of sales	$1.1B	$1.0B	$364.0M	$412.0M
Gross profit	$515.0M	$406.0M	$329.0M	$402.0M
Selling, general and administrative	$168.0M	$157.0M	$82.0M	$102.0M
Engineering — research and development	$56.0M	$54.0M	$43.0M	$44.0M
Operating income	$291.0M	$195.0M	$204.0M	$256.0M
Interest expense, net	($54.0M)	($61.0M)	($24.0M)	($22.0M)
Other (expense) income, net	($9.0M)	($2.0M)	$2.0M	$8.0M
Income before income taxes	$228.0M	$132.0M	$182.0M	$242.0M
Income tax expense	($47.0M)	($20.0M)	($45.0M)	($47.0M)
Net income	$181.0M	$112.0M	$137.0M	$195.0M
Basic earnings per share attributable to common stockholders	$2.18	$1.35	$1.63	$2.32
Diluted earnings per share attributable to common stockholders	$2.15	$1.33	$1.63	$2.29
Comprehensive income, net of tax	$136.0M	$79.0M	$131.0M	$205.0M

Balance sheet

Allison Transmission Holdings Inc. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$1.5B	$781.0M	$555.0M	$232.0M
Accounts receivable net of allowance for doubtful accounts of $1	$333.0M	$360.0M	$356.0M	$363.0M
Inventories	$316.0M	$315.0M	$276.0M	$224.0M
Other current assets	$89.0M	$82.0M	$63.0M	$47.0M
Total Current Assets	$2.2B	$1.5B	$1.3B	$866.0M
Marketable securities	$24.0M	$11.0M	$20.0M	$22.0M
Property, plant and equipment, net	$862.0M	$803.0M	$774.0M	$763.0M
Intangible assets, net	$794.0M	$822.0M	$833.0M	$878.0M
Goodwill	$2.1B	$2.1B	$2.1B	$2.1B
Other non-current assets	$94.0M	$87.0M	$72.0M	$67.0M
TOTAL ASSETS	$6.1B	$5.3B	$5.0B	$4.7B
Accounts payable	$190.0M	$212.0M	$210.0M	$195.0M
Product warranty liability	$34.0M	$31.0M	$32.0M	$33.0M
Current portion of long-term debt	$5.0M	$5.0M	$6.0M	$6.0M
Deferred revenue	$34.0M	$41.0M	$41.0M	$38.0M
Other current liabilities	$197.0M	$217.0M	$212.0M	$208.0M
Total Current Liabilities	$460.0M	$506.0M	$501.0M	$480.0M
Product warranty liability	$50.0M	$36.0M	$27.0M	$24.0M
Deferred revenue	$103.0M	$95.0M	$89.0M	$93.0M
Long-term debt	$2.9B	$2.4B	$2.5B	$2.5B
Deferred income taxes	$557.0M	$501.0M	$519.0M	$536.0M
Other non-current liabilities	$160.0M	$152.0M	$159.0M	$163.0M
TOTAL LIABILITIES	$4.2B	$3.7B	$3.8B	$3.8B
Common stock	$1.0M	$1.0M	$1.0M	$1.0M
Preferred stock, $0.01 par value, 100,000,000 shares authorized, none issued and outstanding	0	0	0	0
Paid in capital	$2.0B	$1.9B	$1.9B	$1.8B
Accumulated deficit	($38.0M)	($239.0M)	($628.0M)	($953.0M)
Accumulated other comprehensive loss, net of tax	($56.0M)	($51.0M)	($31.0M)	($22.0M)
TOTAL STOCKHOLDERS’ EQUITY	$1.9B	$1.7B	$1.2B	$874.0M
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	$6.1B	$5.3B	$5.0B	$4.7B

Allison Transmission Holdings Inc. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$399.0M	$311.0M	$902.0M	$778.0M
Accounts receivable - net of allowance for doubtful accounts of $6 and $1, respectively	$911.0M	$892.0M	$329.0M	$375.0M
Inventories	$840.0M	$835.0M	$331.0M	$341.0M
Other current assets	$239.0M	$264.0M	$109.0M	$93.0M
Total Current Assets	$2.4B	$2.3B	$1.7B	$1.6B
Property, plant and equipment, net	$1.7B	$1.7B	$834.0M	$814.0M
Intangible assets, net	$1.6B	$1.7B	$816.0M	$818.0M
Goodwill	$2.8B	$2.8B	$2.1B	$2.1B
Other non-current assets	$249.0M	$195.0M	$98.0M	$97.0M
TOTAL ASSETS	$8.7B	$8.7B	$5.5B	$5.4B
Accounts payable	$806.0M	$728.0M	$192.0M	$231.0M
Product warranty liability	$65.0M	$61.0M	$34.0M	$32.0M
Current portion of long-term debt	$20.0M	$20.0M	$5.0M	$5.0M
Deferred revenue	$73.0M	$76.0M	$35.0M	$36.0M
Other current liabilities	$358.0M	$362.0M	$172.0M	$168.0M
Total Current Liabilities	$1.3B	$1.2B	$438.0M	$472.0M
Product warranty liability	$63.0M	$60.0M	$47.0M	$47.0M
Deferred revenue	$105.0M	$103.0M	$101.0M	$100.0M
Long-term debt	$4.1B	$4.2B	$2.4B	$2.4B
Deferred income taxes	$839.0M	$844.0M	$545.0M	$496.0M
Other non-current liabilities	$315.0M	$299.0M	$152.0M	$149.0M
TOTAL LIABILITIES	$6.7B	$6.8B	$3.7B	$3.7B
Common stock	$1.0M	$1.0M	$1.0M	$1.0M
Preferred stock, $0.01 par value, 100,000,000 shares authorized, none issued and outstanding	0	0	0	0
Paid in capital	$2.0B	$2.0B	$2.0B	$1.9B
Retained earnings (accumulated deficit)	$139.0M	$29.0M	($70.0M)	($157.0M)
Accumulated other comprehensive loss, net of tax	($134.0M)	($89.0M)	($43.0M)	($37.0M)
TOTAL STOCKHOLDERS’ EQUITY	$2.0B	$1.9B	$1.8B	$1.8B
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	$8.7B	$8.7B	$5.5B	$5.4B

Cash flow statement

Allison Transmission Holdings Inc. cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$623.0M	$731.0M	$673.0M	$531.0M
Depreciation of property, plant and equipment	$117.0M	$111.0M	$109.0M	$109.0M
Deferred income taxes	$64.0M	($17.0M)	($17.0M)	($4.0M)
Loss associated with impairment of long-lived assets	$29.0M	—	—	—
Stock-based compensation	$27.0M	$26.0M	$22.0M	$18.0M
Unrealized (gain) loss on marketable securities	($12.0M)	$9.0M	$1.0M	$22.0M
Amortization of deferred financing costs	$8.0M	$3.0M	$4.0M	$4.0M
Amortization of intangible assets	$7.0M	$10.0M	$45.0M	$46.0M
Unrealized loss on foreign exchange	$3.0M	$1.0M	—	—
Pension plan settlement loss	$0	$4.0M	—	—
Technology-related investments loss (gain)	$0	$2.0M	—	—
Other	($3.0M)	($2.0M)	$1.0M	$2.0M
Accounts receivable	$34.0M	($8.0M)	$7.0M	($70.0M)
Inventories	$3.0M	($44.0M)	($52.0M)	($25.0M)
Accounts payable	($36.0M)	$1.0M	$21.0M	$15.0M
Other assets and liabilities	($28.0M)	($26.0M)	($27.0M)	$9.0M
Net cash provided by operating activities	$836.0M	$801.0M	$784.0M	$657.0M
Additions of long-lived assets	($175.0M)	($143.0M)	($125.0M)	($167.0M)
Investment in equity method investee	($5.0M)	($6.0M)	($1.0M)	($1.0M)
Investment in debt securities	($3.0M)	—	—	—
Investment in equities without a readily determinable fair value	($1.0M)	($2.0M)	($5.0M)	—
Proceeds from sale of assets	$0	$4.0M	$0	$2.0M
Proceeds from technology-related investments	$0	$0	$2.0M	$6.0M
Net cash used for investing activities	($184.0M)	($147.0M)	($129.0M)	($183.0M)
Issuance of long-term debt	$500.0M	—	—	$0
Repurchases of common stock	($328.0M)	($254.0M)	($263.0M)	($278.0M)
Dividend payments	($91.0M)	($87.0M)	($83.0M)	($80.0M)
Taxes paid related to net share settlement of equity awards	($15.0M)	($10.0M)	($7.0M)	($4.0M)
Debt financing fees	($12.0M)	($4.0M)	—	$0
Proceeds from exercise of stock options	$8.0M	$32.0M	$28.0M	$2.0M
Payments on long-term debt	($5.0M)	($104.0M)	($7.0M)	($7.0M)
Net cash provided by (used for) financing activities	$57.0M	($427.0M)	($332.0M)	($367.0M)
Effect of exchange rate changes on cash	$5.0M	($1.0M)	$0	($2.0M)
Net increase in cash and cash equivalents	$714.0M	$226.0M	$323.0M	$105.0M
Cash and cash equivalents at beginning of period	$781.0M	$555.0M	$232.0M	$127.0M
Cash and cash equivalents at end of period	$1.5B	$781.0M	$555.0M	$232.0M
Income tax paid, federal, after refund received	($84.0M)	—	—	—
Income tax paid, state and local, after refund received	($10.0M)	—	—	—
Income tax paid, foreign, after refund received	($13.0M)	—	—	—
Interest paid	($120.0M)	($124.0M)	($131.0M)	$117.0M
Interest received from interest rate swaps	$6.0M	$12.0M	$12.0M	—
Capital expenditures in liabilities	$20.0M	$9.0M	$4.0M	$11.0M

Allison Transmission Holdings Inc. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$293.0M	$112.0M	$524.0M	$387.0M
Depreciation of property, plant and equipment	$121.0M	$57.0M	$87.0M	$57.0M
Amortization expense	$44.0M	$23.0M	$5.0M	$3.0M
Stock-based compensation	$17.0M	$7.0M	$20.0M	$14.0M
Unrealized loss (gain) on marketable securities	$9.0M	($3.0M)	($11.0M)	($8.0M)
Amortization of deferred financing fees	$9.0M	$7.0M	$5.0M	—
Inventory obsolescence	$7.0M	—	—	—
Deferred income taxes	($3.0M)	($1.0M)	$46.0M	($3.0M)
Other	$1.0M	$7.0M	$0	$1.0M
Accounts receivable	($236.0M)	($213.0M)	$37.0M	($8.0M)
Inventories	$34.0M	$46.0M	($11.0M)	($20.0M)
Accounts payable	$212.0M	$154.0M	($38.0M)	$8.0M
Other assets and liabilities	($40.0M)	($40.0M)	($71.0M)	($66.0M)
Net cash provided by operating activities	$468.0M	$156.0M	$593.0M	$365.0M
Business acquisition, net of cash acquired	($2.5B)	($2.6B)	—	—
Additions of long-lived assets	($84.0M)	($53.0M)	($101.0M)	($57.0M)
Proceeds from cross currency swaps	$4.0M	—	—	—
Payments on cross currency swaps	($4.0M)	—	—	—
Investment in equities without a readily determinable fair value	($2.0M)	—	$0	—
Investment in equity method investee	($1.0M)	—	($4.0M)	($2.0M)
Net cash used for investing activities	($2.6B)	($2.6B)	($108.0M)	($59.0M)
Issuance of long-term debt	$1.2B	$1.2B	—	—
Proceeds from revolving credit facility	$300.0M	$300.0M	—	—
Payments on revolving credit facility	($300.0M)	($150.0M)	—	—
Repurchases of common stock	($66.0M)	($20.0M)	($282.0M)	($255.0M)
Dividend payments	($49.0M)	($25.0M)	($69.0M)	($46.0M)
Debt financing fees	($19.0M)	($19.0M)	($6.0M)	($5.0M)
Taxes paid related to net share settlement of equity awards	($15.0M)	($15.0M)	($15.0M)	($15.0M)
Proceeds from exercise of stock options	$11.0M	$10.0M	$8.0M	$7.0M
Payments on long-term debt	($6.0M)	($1.0M)	($4.0M)	($2.0M)
Net cash provided by (used for) financing activities	$1.1B	$1.3B	($368.0M)	($316.0M)
Effect of exchange rate changes on cash	($4.0M)	($4.0M)	$4.0M	$7.0M
Net decrease in cash and cash equivalents	($1.1B)	($1.2B)	$121.0M	($3.0M)
Cash and cash equivalents at beginning of period	$1.5B	$1.5B	$781.0M	$781.0M
Cash and cash equivalents at end of period	$399.0M	$311.0M	$902.0M	$778.0M
Interest paid	($107.0M)	($41.0M)	($87.0M)	($60.0M)
Income taxes paid	($95.0M)	($11.0M)	($101.0M)	($95.0M)
Interest received from interest rate swaps	$0	$0	$6.0M	$4.0M
Capital expenditures in liabilities	$26.0M	$8.0M	$24.0M	$17.0M

Allison Transmission Holdings Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.