Aptiv Plc (APTV) financial statements: income statement, balance sheet and cash flow

Aptiv Plc'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), Aptiv Plc reported revenue of $20.4B (+3.5% year on year) and net income of $181.0M (-90.0% year on year).

Income statement

Aptiv Plc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net sales	$20.4B	$19.7B	$20.1B	$17.5B
Cost of sales	$16.5B	$16.0B	$16.6B	$14.9B
Selling, general and administrative	$1.7B	$1.5B	$1.4B	$1.1B
Amortization	$208.0M	$211.0M	$233.0M	$149.0M
Restructuring	$185.0M	$193.0M	$211.0M	$85.0M
Goodwill impairment	$648.0M	—	—	—
Total operating expenses	$19.2B	$17.9B	$18.5B	$16.2B
Operating income	$1.2B	$1.8B	$1.6B	$1.3B
Interest expense	($361.0M)	($337.0M)	($285.0M)	($219.0M)
Other income (expense), net	$50.0M	$41.0M	$63.0M	—
Net gain on equity method transactions	$46.0M	$605.0M	—	—
Income before income taxes and equity loss	$919.0M	$2.2B	$1.3B	$990.0M
Income tax (expense) benefit	($700.0M)	($223.0M)	$1.9B	($121.0M)
Income before equity loss	$219.0M	$1.9B	$3.3B	$869.0M
Equity loss, net of tax	($38.0M)	($118.0M)	($299.0M)	($279.0M)
Net income	$181.0M	$1.8B	$3.0B	$590.0M
Net income attributable to noncontrolling interest	$19.0M	—	—	—
Net loss attributable to redeemable noncontrolling interest	($3.0M)	($1.0M)	$0	($1.0M)
Net income attributable to Aptiv	$165.0M	$1.8B	$2.9B	$594.0M
Mandatory convertible preferred share dividends	$0	$0	($29.0M)	($63.0M)
Net income attributable to ordinary shareholders	$165.0M	$1.8B	$2.9B	$531.0M
Basic net income per share attributable to ordinary shareholders	$0.75	$6.97	$10.50	$1.96
Weighted average ordinary shares outstanding, basic	220.0M	256.4M	276.9M	270.9M
Diluted net income per share attributable to ordinary shareholders	$0.75	$6.96	$10.39	$1.96
Weighted average number of diluted shares outstanding	220.8M	256.7M	282.9M	271.2M

Aptiv Plc income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Net sales	$3.3B	$5.1B	$5.2B	$5.2B
Cost of sales	$2.5B	$4.2B	$4.2B	$4.2B
Selling, general and administrative	$332.0M	$427.0M	$433.0M	$406.0M
Amortization	$52.0M	$53.0M	$52.0M	$53.0M
Restructuring (Note 7)	$24.0M	$62.0M	$60.0M	$52.0M
Total operating expenses	$2.9B	$4.7B	$5.4B	$4.7B
Operating income	$367.0M	$378.0M	($175.0M)	$486.0M
Interest expense	($62.0M)	($89.0M)	($90.0M)	($91.0M)
Other income, net	$58.0M	($4.0M)	$22.0M	$12.0M
Net gain on equity method transactions	$3.0M	—	$0	$46.0M
Income before income taxes and equity loss	$366.0M	$285.0M	($243.0M)	$453.0M
Income tax (expense) benefit	($52.0M)	($81.0M)	($103.0M)	($45.0M)
Income before equity loss	$314.0M	$204.0M	($346.0M)	$408.0M
Equity loss, net of tax	($17.0M)	($13.0M)	($6.0M)	($11.0M)
Income from continuing operations	$297.0M	—	—	—
(Loss) income from discontinued operations, net of tax (Note 21)	($50.0M)	—	—	—
Net income	$247.0M	$191.0M	($352.0M)	$397.0M
Net income attributable to noncontrolling interest	$0	$3.0M	$3.0M	$5.0M
Net loss attributable to redeemable noncontrolling interest	($1.0M)	($1.0M)	$0	($1.0M)
Net income attributable to Aptiv	$248.0M	$189.0M	($355.0M)	$393.0M
Income from continuing operations	$298.0M	—	—	—
Continuing operations (in usd per share)	$1.41	—	—	—
Discontinued operations (in usd per share)	-$0.24	—	—	—
Basic net income per share attributable to Aptiv (in usd per share)	$1.17	$0.89	-$1.63	$1.80
Weighted average number of basic shares outstanding	211.6M	212.9M	217.4M	217.7M
Continuing operations (in usd per share)	$1.40	—	—	—
Discontinued operations (in usd per share)	-$0.23	—	—	—
Diluted net income per share attributable to Aptiv (in usd per share)	$1.17	$0.88	-$1.63	$1.80
Weighted average number of diluted shares outstanding	212.1M	213.8M	217.4M	218.1M

Balance sheet

Aptiv Plc 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	$1.9B	$1.6B	$1.6B	$1.5B
Restricted cash	$3.0M	$1.0M	—	—
Accounts receivable, net of allowance for doubtful accounts	$3.5B	$3.3B	$3.5B	$3.4B
Inventories	$2.6B	$2.3B	$2.4B	$2.3B
Other current assets	$853.0M	$671.0M	$696.0M	$480.0M
Total current assets	$8.7B	$7.8B	$8.2B	$7.8B
Property, net	$3.8B	$3.7B	$3.8B	$3.5B
Operating lease right-of-use assets	$501.0M	$495.0M	$540.0M	$451.0M
Investments in affiliates	$1.4B	$1.4B	$1.4B	$1.7B
Intangible assets, net	$2.0B	$2.1B	$2.4B	$2.6B
Goodwill	$4.6B	$5.0B	$5.2B	$5.1B
Other long-term assets	$2.4B	$2.8B	$2.9B	$740.0M
Total long-term assets	$14.7B	$15.6B	$16.2B	$14.1B
Total assets	$23.4B	$23.5B	$24.4B	$21.9B
Short-term debt	$81.0M	$509.0M	$9.0M	$31.0M
Accounts payable	$3.2B	$2.9B	$3.2B	$3.1B
Accrued liabilities	$1.8B	$1.8B	$1.6B	$1.7B
Total current liabilities	$5.0B	$5.1B	$4.8B	$4.9B
Long-term debt	$7.5B	$7.8B	$6.2B	$6.5B
Pension benefit obligations	$430.0M	$374.0M	$417.0M	$354.0M
Long-term operating lease liabilities	$401.0M	$412.0M	$453.0M	$361.0M
Other long-term liabilities	$576.0M	$613.0M	$701.0M	$750.0M
Total long-term liabilities	$8.9B	$9.2B	$7.8B	$7.9B
Total liabilities	$13.9B	$14.4B	$12.6B	$12.8B
Redeemable noncontrolling interest	$102.0M	$92.0M	$99.0M	$96.0M
Preferred shares, outstanding	0	0	—	—
Preferred shares	0	0	0	0
Ordinary shares	2.0M	2.0M	3.0M	3.0M
Additional paid-in-capital	$3.6B	$3.0B	$4.0B	$4.0B
Retained earnings	$6.2B	$7.0B	$8.2B	$5.6B
Accumulated other comprehensive loss	($641.0M)	($1.2B)	($645.0M)	($791.0M)
Total Aptiv shareholders’ equity	$9.2B	$8.8B	$11.5B	$8.8B
Noncontrolling interest	$190.0M	$197.0M	$197.0M	$189.0M
Total shareholders’ equity	$9.4B	$9.0B	$11.7B	$9.0B
Total liabilities, redeemable noncontrolling interest and shareholders’ equity	$23.4B	$23.5B	$24.4B	$21.9B
Preferred shares, issued	0	0	—	—

Aptiv Plc balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$761.0M	$3.2B	$1.6B	$1.4B
Restricted cash	$4.0M	$4.0M	$3.0M	$1.0M
Accounts receivable, net of allowance for doubtful accounts of $29 million and $28 million, respectively (Note 2)	$2.4B	$3.8B	$3.7B	$3.7B
Inventories (Note 3)	$2.0B	$2.7B	$2.6B	$2.5B
Other current assets (Note 4)	$766.0M	$999.0M	$807.0M	$732.0M
Current assets of discontinued operations (Note 21)	$0	—	—	—
Total current assets	$6.0B	$10.7B	$8.8B	$8.4B
Property, net	$2.8B	$3.7B	$3.7B	$3.8B
Operating lease, right-of-use assets	$305.0M	$504.0M	$496.0M	$513.0M
Investments in affiliates (Note 21)	$1.3B	$1.4B	$1.3B	$1.3B
Intangible assets, net (Note 2)	$1.9B	$1.9B	$2.1B	$2.1B
Goodwill (Note 2)	$3.9B	$4.5B	$4.6B	$5.2B
Other long-term assets (Note 4)	$1.9B	$2.4B	$2.6B	$2.6B
Long-term assets of discontinued operations (Note 21)	$0	—	—	—
Total long-term assets	$12.0B	$14.5B	$14.7B	$15.6B
Total assets	$18.0B	$25.2B	$23.5B	$23.9B
Short-term debt (Note 8)	$23.0M	$102.0M	$17.0M	$32.0M
Accounts payable	$1.9B	$3.2B	$3.1B	$3.0B
Accrued liabilities (Note 5)	$1.0B	$1.8B	$1.7B	$1.7B
Current liabilities of discontinued operations (Note 21)	$0	—	—	—
Total current liabilities	$3.0B	$5.1B	$4.9B	$4.8B
Long-term debt (Note 8)	$5.3B	$9.2B	$7.6B	$7.8B
Pension benefit obligations	$212.0M	$416.0M	$432.0M	$426.0M
Long-term operating lease liabilities	$241.0M	$394.0M	$404.0M	$422.0M
Other long-term liabilities (Note 5)	$484.0M	$554.0M	$599.0M	$610.0M
Long-term liabilities of discontinued operations (Note 21)	$0	—	—	—
Total long-term liabilities	$6.3B	$10.6B	$9.0B	$9.2B
Total liabilities	$9.2B	$15.7B	$13.9B	$14.0B
Redeemable noncontrolling interest (Note 2)	$0	$99.0M	$102.0M	$103.0M
Preferred shares, $0.01 par value per share, 50,000,000 shares authorized, none issued and outstanding	$0.00	$0.00	$0.00	$0.00
Ordinary shares, $0.01 par value per share, 1,200,000,000 shares authorized, 208,365,500 and 212,746,899 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively	$2000000.00	$2000000.00	$2000000.00	$2000000.00
Additional paid-in capital	$3.6B	$3.6B	$3.6B	$3.6B
Retained earnings	$5.6B	$6.4B	$6.4B	$6.8B
Accumulated other comprehensive loss (Note 13)	($440.0M)	($719.0M)	($709.0M)	($714.0M)
Total Aptiv shareholders' equity	$8.8B	$9.2B	$9.3B	$9.7B
Noncontrolling interest	$0	$190.0M	$180.0M	$182.0M
Total shareholders' equity	$8.8B	$9.4B	$9.5B	$9.9B
Total liabilities, redeemable noncontrolling interest and shareholders' equity	$18.0B	$25.2B	$23.5B	$23.9B

Cash flow statement

Aptiv Plc 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	$181.0M	$1.8B	$3.0B	$590.0M
Depreciation	$783.0M	$753.0M	$679.0M	$613.0M
Amortization	$208.0M	$211.0M	$233.0M	$149.0M
Amortization of deferred debt issuance costs	$9.0M	$12.0M	$9.0M	$9.0M
Restructuring expense, net of cash paid	($10.0M)	($45.0M)	$83.0M	$18.0M
Deferred income taxes	$394.0M	($34.0M)	($2.2B)	($144.0M)
Pension and other postretirement benefit expenses	$44.0M	$44.0M	$44.0M	$30.0M
Loss from equity method investments, net of dividends received	$58.0M	$130.0M	$304.0M	$284.0M
Loss on extinguishment of debt	$2.0M	$15.0M	$1.0M	$0
(Gain) loss on sale of assets	($2.0M)	$6.0M	$2.0M	$1.0M
Goodwill impairment	$648.0M	—	—	—
Share-based compensation	$139.0M	$120.0M	$115.0M	$86.0M
Net gain on equity method transactions	($46.0M)	($605.0M)	—	—
Accounts receivable, net	($216.0M)	$285.0M	($112.0M)	($497.0M)
Inventories	($241.0M)	$45.0M	($20.0M)	($258.0M)
Other assets	($122.0M)	($15.0M)	($187.0M)	$66.0M
Accounts payable	$251.0M	($210.0M)	$4.0M	$137.0M
Accrued and other long-term liabilities	$125.0M	$60.0M	$0	$142.0M
Other, net	$10.0M	($104.0M)	($28.0M)	$7.0M
Pension contributions	($30.0M)	($32.0M)	($33.0M)	($24.0M)
Net cash provided by operating activities	$2.2B	$2.4B	$1.9B	$1.3B
Capital expenditures	($656.0M)	($830.0M)	($906.0M)	($844.0M)
Proceeds from sale of property	$16.0M	$6.0M	$4.0M	$4.0M
Proceeds from asset sale	$4.0M	—	—	—
Proceeds from business divestitures, net of cash sold	$0	$0	($17.0M)	—
Cost of business acquisitions and other transactions, net of cash acquired	$0	$0	($83.0M)	($4.3B)
Proceeds from sale of technology investments	$12.0M	$0	$0	$3.0M
Cost of technology investments	($42.0M)	($121.0M)	($6.0M)	($42.0M)
Proceeds from sale of equity method investment	$164.0M	$448.0M	—	—
Purchase of short-term investments	$0	($748.0M)	—	—
Redemption of short-term investments	$0	$740.0M	—	—
Settlement of derivatives	$4.0M	($2.0M)	$6.0M	$7.0M
Net cash used in investing activities	($498.0M)	($507.0M)	($1.0B)	($5.2B)
Net (repayments) proceeds under other short-term debt agreements	($462.0M)	$454.0M	($23.0M)	($1.0M)
Proceeds from term loans (net of $2, $0 and $0 issuance costs, respectively)	$0	$598.0M	—	—
Repayment of term loans	($250.0M)	($350.0M)	($309.0M)	($4.0M)
Repayment of senior notes	($296.0M)	($1.4B)	$0	$0
Proceeds from the issuance of senior and junior notes (net of $30, $0 and $22 issuance costs and $5, $0 and $6 discount, respectively)	$0	$2.9B	$0	$2.5B
Proceeds from bridge loan (net of $17, $0 and $0 issuance costs, respectively)	$0	$2.5B	—	—
Payments of Financing Costs	$5.0M	—	$0	$0
Repayment of bridge loan	$0	($2.5B)	—	—
Equity related transaction costs	$0	($3.0M)	—	—
Contingent consideration payments	$0	$0	($10.0M)	$0
Dividend payments of consolidated affiliates to minority shareholders	($6.0M)	$0	($2.0M)	($9.0M)
Repurchase of ordinary shares	-397.0M	-4.1B	-398.0M	0

Aptiv Plc cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$438.0M	$191.0M	$34.0M	$386.0M
(Loss) income from discontinued operations, net of tax (Note 21)	$13.0M	—	—	—
Income from continuing operations	$425.0M	—	—	—
Depreciation	$280.0M	$197.0M	$585.0M	$388.0M
Amortization	$104.0M	$53.0M	$156.0M	$104.0M
Amortization of deferred debt issuance costs	$4.0M	$2.0M	$7.0M	$5.0M
Restructuring expense, net of cash paid	($14.0M)	$4.0M	$24.0M	$2.0M
Deferred income taxes	($32.0M)	($28.0M)	$353.0M	$306.0M
Pension and other postretirement benefit expenses	$10.0M	$17.0M	$34.0M	$23.0M
Loss from equity method investments, net of dividends received	$34.0M	$13.0M	$38.0M	$29.0M
Loss on extinguishment of debt	($39.0M)	$5.0M	$0	$3.0M
Loss on sale of assets	$1.0M	$2.0M	($3.0M)	($4.0M)
Share-based compensation	$50.0M	$24.0M	$113.0M	$71.0M
Net gain on equity method transactions	($3.0M)	—	($46.0M)	($46.0M)
Accounts receivable, net	($314.0M)	($321.0M)	($452.0M)	($456.0M)
Inventories	($230.0M)	($185.0M)	($277.0M)	($155.0M)
Other assets	($204.0M)	($154.0M)	($160.0M)	($112.0M)
Accounts payable	$144.0M	$133.0M	$308.0M	$242.0M
Accrued and other long-term liabilities	($136.0M)	($73.0M)	$7.0M	($18.0M)
Other, net	$9.0M	($14.0M)	$14.0M	$24.0M
Pension contributions	($7.0M)	($9.0M)	($16.0M)	($9.0M)
Net cash provided by operating activities from continuing operations	$82.0M	—	—	—
Net cash (used in) provided by operating activities from discontinued operations	($133.0M)	—	—	—
Net cash provided by operating activities	($51.0M)	($143.0M)	$1.4B	$783.0M
Capital expenditures	($278.0M)	($219.0M)	($489.0M)	($346.0M)
Proceeds from sale of property	$2.0M	$0	$2.0M	$2.0M
Proceeds from business divestitures, net of cash sold	$0	—	$4.0M	$4.0M
Proceeds from sale of technology investments	$0	—	$12.0M	$1.0M
Proceeds from the sale of equity method investment	$0	—	$164.0M	$164.0M
Cost of technology investments	$0	$0	($42.0M)	($42.0M)
Acquisition of redeemable noncontrolling interest	($67.0M)	—	—	—
Settlement of derivatives	($3.0M)	($2.0M)	$4.0M	$5.0M
Net cash used in investing activities from continuing operations	($346.0M)	—	—	—
Net cash used in investing activities from discontinued operations	($66.0M)	—	—	—
Net cash used in investing activities	($412.0M)	($221.0M)	($345.0M)	($212.0M)
Net proceeds (repayments) under other short-term debt agreements	($5.0M)	$13.0M	($461.0M)	($458.0M)
Repayment of term loans	$0	$0	($250.0M)	—
Repayment of senior notes	($2.1B)	($270.0M)	($144.0M)	—
Fees related to modification of debt agreements	$0	$0	($5.0M)	($5.0M)
Dividend received from spin-off of Versigent	$1.9B	—	—	—
Cash transferred to Versigent related to spin-off	($282.0M)	—	—	—
Repurchase of ordinary shares	-322.0M	-76.0M	-96.0M	0
Taxes withheld and paid on employees' restricted share awards	($32.0M)	($34.0M)	($23.0M)	($19.0M)
Net cash used in financing activities from continuing operations	($775.0M)	—	—	—
Net cash provided by (used in) financing activities from discontinued operations	$150.0M	—	—	—

Aptiv Plc score and earnings-call analysis · All covered companies

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