Earnings ·
Dana reports Q3 sales of $2.04B, raises full-year outlook by $50M and plans additional $100M in share repurchases
DANDANA Inc
Dana Incorporated reported third-quarter 2026 sales of $2.04 billion, an increase of $121 million from the prior year, driven by stronger commercial vehicle demand and backlog conversion. Adjusted EBITDA rose to $218 million with a 10.7 percent margin, up 220 basis points year over year. The company revised its full-year sales guidance upward by approximately $50 million to $7.75–$7.85 billion while maintaining adjusted EBITDA and free cash flow targets. Dana also announced an increase in planned share repurchases, having returned $369 million year-to-date and planning an additional $100 million in the fourth quarter. The proposed merger with Eaton Mobility remains on track to close around the end of the first quarter of 2027. Dana Incorporated is a global leader in the design and manufacture of propulsion solutions for light- and commercial-vehicle markets.