Earnings ·
Allison posts $2.30 diluted EPS in Q3 and raises full-year net income guidance to $645-$685 million
ALSNAllison Transmission Holdings Inc
Allison Transmission Holdings reported third-quarter net sales of $1,534 million, a 121% increase year-over-year driven by the January acquisition of the Allison Off-Highway business. Diluted earnings per share reached $2.30, while adjusted diluted EPS rose 59% to $2.90. Adjusted EBITDA grew 56% to $400 million with a margin of 26.1%, and adjusted free cash flow increased 51% to $278 million. The company raised its full-year 2026 net income guidance to a range of $645-$685 million, up from the previous midpoint of $650 million, citing strong demand in mining, construction, and North American on-highway markets. Allison also announced it repurchased $57 million of common stock during the quarter.