Visteon Corp. (VC) financial statements: income statement, balance sheet and cash flow
Visteon Corp.'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), Visteon Corp. reported revenue of $3.8B (-2.5% year on year) and net income of $213.0M (-25.0% year on year).
Income statement
Visteon Corp. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$3.8B
$3.9B
$4.0B
$3.8B
Cost of sales
($3.2B)
($3.3B)
($3.5B)
($3.4B)
Gross margin
$532.0M
$531.0M
$487.0M
$368.0M
Selling, general and administrative expenses
($202.0M)
($207.0M)
($207.0M)
($188.0M)
Restructuring, net
($8.0M)
($32.0M)
($5.0M)
($14.0M)
Interest expense
($13.0M)
($15.0M)
($17.0M)
($14.0M)
Interest income
$22.0M
$17.0M
$10.0M
$4.0M
Equity in net income (loss) of non-consolidated affiliates
$8.0M
($3.0M)
($10.0M)
($1.0M)
Other income (loss), net
($1.0M)
$7.0M
($1.0M)
$20.0M
Income (loss) before income taxes
$338.0M
$298.0M
$257.0M
$175.0M
Benefit from (provision for) income taxes
($125.0M)
($14.0M)
$248.0M
($45.0M)
Net income (loss)
$213.0M
$284.0M
$505.0M
$130.0M
Less: Net (income) loss attributable to non-controlling interests
($12.0M)
($10.0M)
($19.0M)
($6.0M)
Net income (loss) attributable to Visteon Corporation
$201.0M
$274.0M
$486.0M
$124.0M
Basic earnings per share attributable to Visteon Corporation (in dollars per share)
$7.39
$9.93
$17.30
$4.41
Diluted earnings per share attributable to Visteon Corporation (in dollars per share)
$7.28
$9.82
$17.05
$4.35
Visteon Corp. income statement, quarters
Line item
Sep 30, 2026 · Q3
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Net sales
$970.0M
$960.0M
$954.0M
$917.0M
Cost of sales
($923.0M)
($842.0M)
($841.0M)
($786.0M)
Gross margin
$47.0M
$118.0M
$113.0M
$131.0M
Selling, general and administrative expenses
($46.0M)
($46.0M)
($54.0M)
($53.0M)
Restructuring, net
$0
$1.0M
($18.0M)
($3.0M)
Interest expense
($4.0M)
($2.0M)
($3.0M)
($3.0M)
Interest income
$3.0M
$5.0M
$5.0M
$6.0M
Equity in net income (loss) of non-consolidated affiliates
$4.0M
$2.0M
$2.0M
$1.0M
Other income (expense), net
$3.0M
($2.0M)
$4.0M
$2.0M
Income (loss) before income taxes
$7.0M
$76.0M
$49.0M
$81.0M
Provision for income taxes
$1.0M
($26.0M)
($16.0M)
($22.0M)
Net income (loss)
$6.0M
$50.0M
$33.0M
$59.0M
Less: Net (income) loss attributable to non-controlling interests
($1.0M)
($1.0M)
($2.0M)
($2.0M)
Net income (loss) attributable to Visteon
$5.0M
$49.0M
$31.0M
$57.0M
Comprehensive income (loss)
$6.0M
$57.0M
$22.0M
$60.0M
Less: Comprehensive (income) loss attributable to non-controlling interests
($6.0M)
$1.0M
($3.0M)
($3.0M)
Comprehensive income (loss) attributable to Visteon Corporation
$0
$58.0M
$19.0M
$57.0M
Basic earnings (loss) per share attributable to Visteon Corporation (in dollars per share)
$0.20
$1.84
$1.16
$2.09
Diluted earnings (loss) per share attributable to Visteon Corporation (in dollars per share)
$0.19
$1.80
$1.14
$2.04
Balance sheet
Visteon Corp. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and equivalents
$771.0M
$623.0M
$515.0M
$520.0M
Restricted cash
$2.0M
$3.0M
$3.0M
$3.0M
Accounts receivable, net
$613.0M
$578.0M
$666.0M
$672.0M
Inventories, net
$269.0M
$283.0M
$298.0M
$348.0M
Other current assets
$130.0M
$109.0M
$134.0M
$167.0M
Total current assets
$1.8B
$1.6B
$1.6B
$1.7B
Property and equipment, net
$524.0M
$452.0M
$418.0M
$364.0M
Intangible assets, net
$222.0M
$152.0M
$90.0M
$99.0M
Right-of-use assets
$126.0M
$100.0M
$109.0M
$124.0M
Investments in non-consolidated affiliates
$29.0M
$27.0M
$35.0M
$49.0M
Deferred tax assets
$511.0M
$441.0M
$384.0M
—
Other non-current assets
$189.0M
$94.0M
$75.0M
$104.0M
Total assets
$3.4B
$2.9B
$2.7B
$2.5B
Short-term debt
$18.0M
$18.0M
$18.0M
$13.0M
Accounts payable
$540.0M
$505.0M
$551.0M
$657.0M
Accrued employee liabilities
$122.0M
$107.0M
$99.0M
$90.0M
Current lease liability
$21.0M
$29.0M
$30.0M
$29.0M
Other current liabilities
$291.0M
$257.0M
$233.0M
$246.0M
Total current liabilities
$992.0M
$916.0M
$931.0M
$1.0B
Long-term debt, net
$283.0M
$301.0M
$318.0M
$336.0M
Employee benefits
$88.0M
$127.0M
$160.0M
$115.0M
Non-current lease liability
$109.0M
$78.0M
$79.0M
$99.0M
Deferred tax liabilities
$51.0M
$43.0M
$31.0M
$27.0M
Other non-current liabilities
$212.0M
$87.0M
$85.0M
$64.0M
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding as of December 31, 2025 and 2024)
0
0
0
0
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 26.8 and 27.2 million shares outstanding as of December 31, 2025 and December 31, 2024, respectively)
1.0M
1.0M
1.0M
1.0M
Additional paid-in capital
$1.4B
$1.4B
$1.4B
$1.4B
Retained earnings
$2.8B
$2.5B
$2.3B
$1.8B
Accumulated other comprehensive income (loss)
($240.0M)
($306.0M)
($254.0M)
($213.0M)
Treasury stock
($2.4B)
($2.4B)
($2.3B)
($2.3B)
Total Visteon Corporation stockholders’ equity
$1.6B
$1.2B
$1.0B
$675.0M
Non-controlling interests
$83.0M
$81.0M
$85.0M
$99.0M
Total equity
$1.7B
$1.3B
$1.1B
$774.0M
Total liabilities and equity
$3.4B
$2.9B
$2.7B
$2.5B
Common stock, shares outstanding (in shares)
26.8M
27.2M
27.7M
28.2M
Visteon Corp. balance sheet, quarters
Line item
Sep 30, 2026
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Cash and equivalents
$464.0M
$648.0M
$680.0M
$762.0M
Restricted cash
$2.0M
$2.0M
$2.0M
$3.0M
Accounts receivable, net
$696.0M
$666.0M
$675.0M
$574.0M
Inventories, net
$359.0M
$328.0M
$316.0M
$313.0M
Other current assets
$174.0M
$158.0M
$148.0M
$126.0M
Total current assets
$1.7B
$1.8B
$1.8B
$1.8B
Property and equipment, net
$557.0M
$524.0M
$516.0M
$489.0M
Intangible assets, net
$239.0M
$233.0M
$216.0M
$224.0M
Right-of-use assets
$124.0M
$131.0M
$135.0M
$131.0M
Investments in non-consolidated affiliates
$29.0M
$25.0M
$31.0M
$27.0M
Other non-current assets
$238.0M
$229.0M
$191.0M
$164.0M
Deferred Tax Assets, Tax Deferred Expense
$519.0M
$512.0M
$513.0M
$441.0M
Total assets
$3.4B
$3.5B
$3.4B
$3.3B
Short-term debt
$23.0M
$15.0M
$18.0M
$18.0M
Accounts payable
$640.0M
$620.0M
$613.0M
$533.0M
Accrued employee liabilities
$91.0M
$85.0M
$98.0M
$111.0M
Current lease liability
$23.0M
$24.0M
$24.0M
$21.0M
Other current liabilities
$279.0M
$271.0M
$300.0M
$258.0M
Total current liabilities
$1.1B
$1.0B
$1.1B
$941.0M
Long-term debt, net
$307.0M
$284.0M
$279.0M
$288.0M
Employee benefits
$76.0M
$80.0M
$83.0M
$105.0M
Non-current lease liability
$106.0M
$111.0M
$115.0M
$115.0M
Deferred tax liabilities
$51.0M
$47.0M
$52.0M
$62.0M
Other non-current liabilities
$308.0M
$230.0M
$199.0M
$181.0M
Common stock (par value $0.01, 250 million shares authorized, 55 million shares issued, 24700000 million shares outstanding as of September 30, 2026 and 26.8 million shares outstanding as of December 31, 2025, respectively)
1.0M
1.0M
1.0M
1.0M
Preferred stock (par value $0.01, 50 million shares authorized, none outstanding as of September 30, 2026 and December 31, 2025)
0
0
0
0
Additional paid-in capital
$1.4B
$1.4B
$1.4B
$1.4B
Retained earnings
$2.9B
$2.9B
$2.9B
$2.7B
Accumulated other comprehensive loss
($248.0M)
($243.0M)
($252.0M)
($255.0M)
Treasury stock
($2.6B)
($2.4B)
($2.4B)
($2.4B)
Total Visteon Corporation stockholders’ equity
$1.4B
$1.6B
$1.6B
$1.5B
Non-controlling interests
$84.0M
$78.0M
$86.0M
$79.0M
Total equity
$1.5B
$1.7B
$1.6B
$1.6B
Total liabilities and equity
$3.4B
$3.5B
$3.4B
$3.3B
Cash flow statement
Visteon Corp. 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)
$213.0M
$284.0M
$505.0M
$130.0M
Depreciation and amortization
$109.0M
$96.0M
$104.0M
$108.0M
Non-cash stock-based compensation
$45.0M
$41.0M
$34.0M
$26.0M
Equity in net income of non-consolidated affiliates, net of dividends remitted
($1.0M)
$8.0M
$15.0M
$4.0M
U.S. deferred tax benefit
$55.0M
($49.0M)
($313.0M)
—
Other non-cash items
$5.0M
$9.0M
($6.0M)
($1.0M)
Accounts receivable
$6.0M
$61.0M
$13.0M
($156.0M)
Inventories
$30.0M
$1.0M
$52.0M
($105.0M)
Accounts payable
($4.0M)
($32.0M)
($130.0M)
$146.0M
Other assets and other liabilities
($48.0M)
$8.0M
($7.0M)
$10.0M
Net cash provided from operating activities
$410.0M
$427.0M
$267.0M
$167.0M
Capital expenditures, including intangibles
($133.0M)
($137.0M)
($125.0M)
($81.0M)
Acquisition of businesses, net of cash acquired
($50.0M)
($55.0M)
—
—
Loan provided to non-consolidated affiliate
$0
$5.0M
—
—
Loan repayment from non-consolidated affiliate
$0
$5.0M
—
—
Other, net
$2.0M
$3.0M
$3.0M
$0
Net cash used by investing activities
($181.0M)
($189.0M)
($123.0M)
($68.0M)
Principal repayment of term debt facility
($18.0M)
($18.0M)
($13.0M)
—
Dividends paid to non-controlling interests
($21.0M)
($12.0M)
($29.0M)
($2.0M)
Cash paid for dividends
($15.0M)
—
—
—
Repurchase of common stock
($57.0M)
($63.0M)
($106.0M)
$0
Stock based compensation tax withholding payments
($8.0M)
($7.0M)
($16.0M)
—
Proceeds from the exercise of stock options
$3.0M
$0
$8.0M
—
Net cash used by financing activities
($116.0M)
($100.0M)
($156.0M)
($9.0M)
Effect of exchange rate changes on cash
$34.0M
($30.0M)
$7.0M
($22.0M)
Net increase (decrease) in cash, equivalents, and restricted cash
$147.0M
$108.0M
($5.0M)
$68.0M
Cash, equivalents, and restricted cash at beginning of the period
$626.0M
$518.0M
$523.0M
$455.0M
Cash, equivalents, and restricted cash at end of the period
$773.0M
$626.0M
$518.0M
$523.0M
Cash paid for interest
$12.0M
$14.0M
$5.0M
$12.0M
Cash paid for income taxes, net of refunds
$98.0M
$73.0M
$68.0M
$29.0M
Visteon Corp. cash flow statement, quarters
Line item
Sep 30, 2026 · YTD
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Net income (loss)
$89.0M
$83.0M
$33.0M
$195.0M
Depreciation and amortization
$89.0M
$58.0M
$29.0M
$80.0M
Non-cash stock-based compensation
$35.0M
$24.0M
$12.0M
$34.0M
Equity in net loss (income) of non-consolidated affiliates, net of dividends remitted
($8.0M)
($4.0M)
($2.0M)
($5.0M)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount
$0
$0
$0
$1.0M
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Other Item
$2.0M
$1.0M
$0
($3.0M)
Accounts receivable
($91.0M)
($58.0M)
($71.0M)
$43.0M
Inventories
($94.0M)
($63.0M)
($51.0M)
($13.0M)
Accounts payable
$86.0M
$86.0M
$89.0M
$6.0M
Other assets and other liabilities
($27.0M)
($84.0M)
($33.0M)
($46.0M)
Net cash provided from operating activities
$81.0M
$43.0M
$6.0M
$292.0M
Capital expenditures, including intangibles
($103.0M)
($61.0M)
($36.0M)
($88.0M)
Payments to Acquire Businesses, Net of Cash Acquired
($20.0M)
($20.0M)
—
($50.0M)
Payments for (Proceeds from) Hedge, Investing Activities
($11.0M)
($12.0M)
$12.0M
—
Other
$0
$0
$0
$2.0M
Net cash used by investing activities
($134.0M)
($93.0M)
($48.0M)
($136.0M)
Proceeds from Issuance of Debt
$2.0M
—
—
—
Repayments of Lines of Credit
($153.0M)
—
—
—
Proceeds from Lines of Credit
$179.0M
—
—
—
Proceeds from Other Short-Term Debt
$8.0M
—
—
—
Payments of Ordinary Dividends, Noncontrolling Interest
($9.0M)
($9.0M)
$0
($20.0M)
Share repurchase
($236.0M)
($36.0M)
($30.0M)
($7.0M)
Payments of Ordinary Dividends, Common Stock
($29.0M)
($20.0M)
($10.0M)
($8.0M)
Payments Related to Tax Withholding for Share-based Compensation
($9.0M)
($9.0M)
($7.0M)
($7.0M)
Proceeds from Stock Options Exercised
$8.0M
$8.0M
$4.0M
$3.0M
Payment for Contingent Consideration Liability, Financing Activities
($13.0M)
($7.0M)
—
—
Proceeds from (Payment for) Other Financing Activity
($2.0M)
($2.0M)
—
—
Investment Company, Debt Instrument, Amount Repaid to Principal, Excess (Less)
($7.0M)
($4.0M)
($4.0M)
($13.0M)
Net cash used by financing activities
($261.0M)
($77.0M)
($47.0M)
($52.0M)
Effect of exchange rate changes on cash
$7.0M
$4.0M
($2.0M)
$35.0M
Net increase (decrease) in cash, equivalents, and restricted cash
($307.0M)
($123.0M)
($91.0M)
$139.0M
Cash, equivalents, and restricted cash at beginning of the period
$773.0M
$773.0M
$773.0M
$626.0M
Cash, equivalents, and restricted cash at end of the period