Dana Inc. (DAN) financial statements: income statement, balance sheet and cash flow
Dana 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), Dana Inc. reported revenue of $7.5B (-27.1% year on year) and net income of $102.0M (+308.2% year on year).
Income statement
Dana 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
$7.5B
$10.3B
$10.6B
$10.2B
Cost of sales
$6.9B
$9.4B
$9.7B
$9.4B
Selling, general and administrative expenses
$387.0M
$524.0M
$549.0M
$495.0M
Amortization of intangibles
$7.0M
$13.0M
$13.0M
$14.0M
Restructuring charges, net
$23.0M
$76.0M
$25.0M
($1.0M)
Other income (expense), net
($46.0M)
($11.0M)
$3.0M
$22.0M
Earnings (loss) from continuing operations before interest and income taxes
$139.0M
$226.0M
$316.0M
$86.0M
Interest income
$10.0M
$15.0M
$17.0M
$11.0M
Interest expense
$181.0M
$161.0M
$154.0M
$128.0M
Loss from continuing operations before income taxes
($32.0M)
$80.0M
$178.0M
($31.0M)
Income tax expense
$53.0M
$139.0M
$121.0M
$284.0M
Equity in earnings (loss) of affiliates
$32.0M
$10.0M
($9.0M)
$4.0M
Net loss from continuing operations
($53.0M)
—
—
—
Net income from discontinued operations
$155.0M
—
—
—
Net income (loss)
$102.0M
($49.0M)
$48.0M
($311.0M)
Less: Noncontrolling interests net income from continuing operations
$17.0M
—
—
—
Net income (loss) attributable to the parent company
$85.0M
($57.0M)
$38.0M
($242.0M)
Basic loss per share from continuing operations (in dollars per share)
-$0.52
—
—
—
Basic earnings per share from discontinued operations (in dollars per share)
$1.16
—
—
—
Basic earnings (loss) per share (in dollars per share)
$0.64
-$0.39
$0.26
-$1.69
Diluted loss per share from continuing operations (in dollars per share)
-$0.52
—
—
—
Diluted earnings per share from discontinued operations (in dollars per share)
$1.16
—
—
—
Diluted earnings (loss) per share (in dollars per share)
$0.64
-$0.39
$0.26
-$1.69
Basic (in shares)
133.7M
145.2M
144.4M
143.6M
Diluted (in shares)
133.7M
145.2M
144.6M
143.6M
Dana Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$2.0B
$1.9B
$1.9B
$1.9B
Cost of sales
$1.8B
$1.7B
$1.8B
$1.8B
Selling, general and administrative expenses
$104.0M
$102.0M
$87.0M
$99.0M
Charged to amortization of intangibles
$1.0M
$2.0M
$2.0M
$2.0M
Restructuring charges, net
$9.0M
$6.0M
$4.0M
$11.0M
Other income (expense), net
($20.0M)
($40.0M)
($20.0M)
($10.0M)
Earnings from continuing operations before interest and income taxes
$76.0M
$19.0M
$53.0M
$16.0M
Interest income
$4.0M
$6.0M
$3.0M
$3.0M
Interest expense
$21.0M
$22.0M
$47.0M
$44.0M
Earnings (loss) from continuing operations before income taxes
$59.0M
($4.0M)
$9.0M
($25.0M)
Income tax expense
$54.0M
$14.0M
($2.0M)
$10.0M
Equity in earnings of affiliates
$6.0M
$3.0M
$2.0M
$23.0M
Net income (loss) from continuing operations
$11.0M
($15.0M)
$13.0M
($12.0M)
Net income (loss) from discontinued operations
($11.0M)
$1.1B
$74.0M
$43.0M
Net income (loss)
$0
$1.1B
$87.0M
$31.0M
Less: Noncontrolling interests net income from continuing operations
$5.0M
$4.0M
$4.0M
$4.0M
Net income attributable to the parent company
($5.0M)
$1.1B
$83.0M
$27.0M
Basic earnings (loss) per share from continuing operations (in dollars per share)
$0.06
-$0.17
$0.07
-$0.11
Basic earnings (loss) per share from discontinued operations (in dollars per share)
-$0.11
$10.06
$0.58
$0.30
Basic earnings per share (in dollars per share)
-$0.05
$9.89
$0.65
$0.19
Diluted earnings (loss) per share from continuing operations (in dollars per share)
$0.05
-$0.17
$0.07
-$0.11
Diluted earnings (loss) per share from discontinued operations (in dollars per share)
-$0.10
$10.06
$0.57
$0.30
Diluted earnings per share (in dollars per share)
-$0.05
$9.89
$0.64
$0.19
Basic (in shares)
108.1M
109.9M
128.4M
143.8M
Diluted (in shares)
109.5M
109.9M
130.8M
143.8M
Balance sheet
Dana 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
$469.0M
$494.0M
$529.0M
$425.0M
Trade, less allowance for doubtful accounts of $15 in 2025 and $12 in 2024
$987.0M
$1.2B
$1.4B
$1.4B
Other
$254.0M
$261.0M
$280.0M
$202.0M
Inventories
$1.0B
$1.5B
$1.7B
$1.6B
Other current assets
$114.0M
$206.0M
$247.0M
$219.0M
Current assets of disposal group held for sale
$1.0B
—
—
—
Total current assets
$3.9B
$3.7B
$4.1B
$3.8B
Intangibles
$71.0M
$150.0M
$182.0M
$201.0M
Deferred tax assets
$534.0M
$560.0M
$516.0M
$397.0M
Other noncurrent assets
$102.0M
$189.0M
$140.0M
$123.0M
Investments in affiliates
$102.0M
$126.0M
$123.0M
$136.0M
Operating lease assets
$305.0M
$293.0M
$327.0M
$311.0M
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
$1.9B
$2.2B
$2.3B
$2.2B
Noncurrent assets of disposal group held for sale
$954.0M
—
—
—
Total assets
$7.8B
$7.5B
$8.0B
$7.4B
Short-term debt
$615.0M
$8.0M
$22.0M
$52.0M
Long-Term Debt and Lease Obligation, Current
$30.0M
$214.0M
$35.0M
$8.0M
Accounts Payable, Current
$1.2B
$1.5B
$1.8B
$1.8B
Accrued payroll and employee benefits
$210.0M
$236.0M
$288.0M
$214.0M
Taxes on income
$75.0M
$69.0M
$86.0M
$54.0M
Current portion of operating lease liabilities
$41.0M
$44.0M
$42.0M
$36.0M
Other accrued liabilities
$495.0M
$468.0M
$373.0M
$277.0M
Current liabilities of disposable group held for sale
$688.0M
—
—
—
Total current liabilities
$3.3B
$2.6B
$2.6B
$2.5B
Long-term debt, less debt issuance costs of $16 in 2025 and $19 in 2024
$2.6B
$2.4B
$2.6B
$2.3B
Noncurrent operating lease liabilities
$266.0M
$258.0M
$284.0M
$277.0M
Pension and postretirement obligations
$249.0M
$295.0M
$334.0M
$298.0M
Other noncurrent liabilities
$337.0M
$397.0M
$319.0M
$249.0M
Noncurrent liabilities of disposal group held for sale
$183.0M
—
—
—
Total liabilities
$6.9B
$5.9B
$6.1B
$5.7B
Preferred stock, 50,000,000 shares authorized, $0.01 par value, no shares outstanding
0
0
0
0
Common stock, 450,000,000 shares authorized, $0.01 par value, 112,284,138 and 144,993,614 shares outstanding
1.0M
2.0M
2.0M
2.0M
Additional paid-in capital
$1.7B
$2.3B
$2.3B
$2.2B
Retained earnings
$235.0M
$204.0M
$317.0M
$321.0M
Treasury stock, at cost (1,944,700 and 837,803 shares)
-35.0M
-13.0M
-9.0M
—
Accumulated other comprehensive loss
($1.0B)
($1.1B)
($990.0M)
($1.0B)
Total parent company stockholders' equity
$840.0M
$1.3B
$1.6B
$1.6B
Noncontrolling interests
$59.0M
$63.0M
$62.0M
$52.0M
Total equity
$899.0M
$1.4B
$1.6B
$1.6B
Total liabilities, redeemable noncontrolling interests and equity
$7.8B
$7.5B
$8.0B
$7.4B
Dana Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$331.0M
$477.0M
$414.0M
$486.0M
Trade, less allowance for doubtful accounts of $12 in 2026 and $15 in 2025
$1.3B
$1.3B
$1.2B
$1.1B
Other
$286.0M
$278.0M
$228.0M
$218.0M
Inventories
$980.0M
$994.0M
$1.1B
$1.1B
Other current assets
$285.0M
$201.0M
$151.0M
$145.0M
Current assets of disposal group held for sale
$36.0M
$32.0M
$1.0B
$1.1B
Total current assets
$3.2B
$3.2B
$4.1B
$4.2B
Intangibles
$58.0M
$61.0M
$74.0M
$79.0M
Deferred tax assets
$495.0M
$499.0M
$541.0M
$506.0M
Other noncurrent assets
$114.0M
$92.0M
$96.0M
$92.0M
Investments in affiliates
$112.0M
$105.0M
$96.0M
$98.0M
Operating lease assets
$166.0M
$279.0M
$310.0M
$275.0M
Property, plant and equipment, net
$1.9B
$1.8B
$1.9B
$1.9B
Noncurrent assets of disposal group held for sale
$21.0M
$20.0M
$975.0M
$981.0M
Total assets
$6.1B
$6.1B
$8.1B
$8.1B
Short-term debt
$0
$0
$630.0M
$530.0M
Current portion of long-term debt
$27.0M
$24.0M
$22.0M
$22.0M
Accounts payable
$1.3B
$1.2B
$1.2B
$1.2B
Accrued payroll and employee benefits
$170.0M
$224.0M
$201.0M
$182.0M
Taxes on income
$78.0M
$73.0M
$64.0M
$51.0M
Current portion of operating lease liabilities
$34.0M
$38.0M
$41.0M
$39.0M
Other accrued liabilities
$532.0M
$469.0M
$301.0M
$307.0M
Current liabilities of disposal group held for sale
$14.0M
$12.0M
$693.0M
$753.0M
Total current liabilities
$2.2B
$2.1B
$3.2B
$3.1B
Long-term debt, less debt issuance costs of $8 in 2026 and $16 in 2025
$1.3B
$1.2B
$2.6B
$2.6B
Noncurrent operating lease liabilities
$125.0M
$237.0M
$274.0M
$242.0M
Pension and postretirement obligations
$241.0M
$243.0M
$257.0M
$259.0M
Other noncurrent liabilities
$291.0M
$280.0M
$297.0M
$337.0M
Total liabilities
$4.1B
$4.1B
$6.8B
$6.7B
Preferred stock, 50,000,000 shares authorized, $0.01 par value, no shares outstanding
0
0
0
0
Common stock, 450,000,000 shares authorized, $0.01 par value, 107,576,158 and 112,284,138 shares outstanding
1.0M
1.0M
1.0M
1.0M
Additional paid-in capital
$1.5B
$1.6B
$1.9B
$2.0B
Retained earnings
$1.3B
$1.3B
$297.0M
$226.0M
Treasury stock, at cost (2,508,917 and 1,944,700 shares)
-52.0M
-52.0M
-21.0M
-21.0M
Accumulated other comprehensive loss
($837.0M)
($856.0M)
($1.0B)
($1.0B)
Total parent company stockholders' equity
$1.9B
$2.0B
$1.1B
$1.2B
Noncontrolling interests
$63.0M
$59.0M
$57.0M
$66.0M
Total equity
$2.0B
$2.0B
$1.1B
$1.3B
Total liabilities and equity
$6.1B
$6.1B
$8.1B
$8.1B
Cash flow statement
Dana 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 (loss)
$102.0M
($49.0M)
$48.0M
($311.0M)
Less: Net income from discontinued operations
$155.0M
—
—
—
Net loss from continuing operations
($53.0M)
—
—
—
Depreciation
$345.0M
$401.0M
$393.0M
$365.0M
Amortization
$12.0M
$21.0M
$23.0M
$23.0M
Amortization of deferred financing charges
$5.0M
$6.0M
$5.0M
$5.0M
Earnings of affiliates, net of dividends received
($8.0M)
($7.0M)
$11.0M
$23.0M
Stock compensation expense
$40.0M
$30.0M
$26.0M
$19.0M
Deferred income taxes
($60.0M)
($29.0M)
($104.0M)
$153.0M
Pension expense (benefit), net
($2.0M)
$1.0M
$3.0M
($1.0M)
Change in working capital
$29.0M
$27.0M
$70.0M
$199.0M
Change in other noncurrent assets and liabilities
$1.0M
$25.0M
$11.0M
$9.0M
Loss on divestiture of ownership interests
($12.0M)
—
—
—
Net cash provided by operating activities from continuing operations
$329.0M
—
—
—
Net cash provided by operating activities from discontinued operations
$183.0M
—
—
—
Net cash provided by operating activities
$512.0M
$450.0M
$476.0M
$649.0M
Purchases of property, plant and equipment
($214.0M)
($380.0M)
($501.0M)
($440.0M)
Proceeds from sale of property, plant and equipment
$13.0M
$11.0M
$2.0M
$3.0M
Settlements of undesignated derivatives
($25.0M)
($5.0M)
($13.0M)
($8.0M)
Proceeds from sale of investments
$57.0M
—
—
—
Net cash used in investing activities from continuing operations
($169.0M)
—
—
—
Net cash used in investing activities from discontinued operations
($53.0M)
—
—
—
Net cash used in investing activities
($222.0M)
($352.0M)
($528.0M)
($426.0M)
Net change in short-term debt
$607.0M
($14.0M)
($30.0M)
$33.0M
Repayment of long-term debt
($223.0M)
($37.0M)
($209.0M)
($24.0M)
Dividends paid to common stockholders
($54.0M)
($58.0M)
($58.0M)
($58.0M)
Repurchases of common stock
($650.0M)
—
—
($25.0M)
Distributions to noncontrolling interests
($17.0M)
($20.0M)
($10.0M)
($9.0M)
Swap settlements
($14.0M)
—
—
—
Other, net
($20.0M)
$22.0M
($16.0M)
$5.0M
Net cash provided by (used in) financing activities
($371.0M)
($90.0M)
$160.0M
($42.0M)
Net increase (decrease) in cash, cash equivalents and restricted cash
($81.0M)
$8.0M
$108.0M
$181.0M
Cash, cash equivalents and restricted cash - beginning of period
$512.0M
$563.0M
$442.0M
$287.0M
Cash, cash equivalents and restricted cash - end of period
$486.0M
$512.0M
$563.0M
$442.0M
Effect of exchange rate changes on cash balances
$55.0M
($59.0M)
$13.0M
($26.0M)
Dana 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 (loss)
$1.1B
$1.1B
$148.0M
$61.0M
Less: Net income from discontinued operations
$1.1B
$1.1B
$164.0M
$90.0M
Net income (loss) from continuing operations
($4.0M)
($15.0M)
($16.0M)
($29.0M)
Depreciation
$166.0M
$84.0M
$257.0M
$171.0M
Amortization
$5.0M
$3.0M
$9.0M
$6.0M
Amortization of deferred financing charges
$2.0M
($8.0M)
$4.0M
$3.0M
Earnings of affiliates, net of dividends received
($8.0M)
($3.0M)
($4.0M)
($25.0M)
Stock compensation expense
$19.0M
$11.0M
$31.0M
$23.0M
Deferred income taxes
$30.0M
$11.0M
($67.0M)
($26.0M)
Pension expense, net
($4.0M)
($5.0M)
($1.0M)
—
Change in working capital
($221.0M)
($252.0M)
($212.0M)
($202.0M)
Change in other noncurrent assets and liabilities
($23.0M)
$11.0M
($56.0M)
($13.0M)
Loss on divestiture of ownership interests
$8.0M
$8.0M
($12.0M)
$7.0M
Noncash electric vehicle program termination charges
$59.0M
$52.0M
—
—
Other, net
($39.0M)
($31.0M)
$8.0M
$54.0M
Net cash used in operating activities from continuing operations
($10.0M)
($134.0M)
($59.0M)
($31.0M)
Net cash provided by (used in) operating activities from discontinued operations
($76.0M)
($61.0M)
$165.0M
$26.0M
Net cash used in operating activities
($86.0M)
($195.0M)
$106.0M
($5.0M)
Purchases of property, plant and equipment
($204.0M)
($62.0M)
($153.0M)
($104.0M)
Proceeds from sale of property, plant and equipment
$2.0M
$1.0M
$12.0M
$11.0M
Proceeds from sales of investments
$1.0M
—
$57.0M
$57.0M
Settlements of undesignated derivatives
($6.0M)
($4.0M)
($15.0M)
($6.0M)
Net cash used in investing activities from continuing operations
($207.0M)
($64.0M)
($99.0M)
($38.0M)
Net cash provided by (used in) investing activities from discontinued operations
$2.5B
$2.6B
($31.0M)
($22.0M)
Net cash provided by (used in) investing activities
$2.3B
$2.5B
($130.0M)
($60.0M)
Net change in short-term debt
($618.0M)
($615.0M)
$622.0M
$522.0M
Repayment of long-term debt
($1.3B)
($1.3B)
($216.0M)
($210.0M)
Dividends paid to common stockholders
($26.0M)
($13.0M)
($42.0M)
($29.0M)
Repurchases of common stock
($169.0M)
($125.0M)
($439.0M)
($257.0M)
Distributions to noncontrolling interests
($2.0M)
($1.0M)
($14.0M)
($3.0M)
Payment for mandatorily redeemable noncontrolling interest
($190.0M)
($190.0M)
—
—
Other, net
($25.0M)
$1.0M
($8.0M)
$4.0M
Net cash provided by (used in) financing activities
($2.4B)
($2.3B)
($111.0M)
$1.0M
Net decrease in cash, cash equivalents and restricted cash
($133.0M)
$12.0M
($135.0M)
($64.0M)
Cash, cash equivalents and restricted cash – beginning of period
$486.0M
$486.0M
$512.0M
$512.0M
Cash, cash equivalents and restricted cash – end of period (Note 5)
$349.0M
$492.0M
—
—
Effect of exchange rate changes on cash balances
($4.0M)
($6.0M)
$52.0M
$53.0M
Purchases of property, plant and equipment held in accounts payable