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Aptiv APTV Intelligent Systems — Separation costs

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Other financials

Income statement

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Revenue$5.1B+5.4%
Gross profit$920.0M0.0%
Operating income$378.0M-15.6%
Net income$189.0M+1,818%
EPS (diluted)$0.88+1,860%

Balance sheet

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Cash & equivalents$3.2B+188%
Total debt$9.9B+17.1%
Total equity$9.2B+3.0%
Total assets$25.2B+9.1%

Cash flow

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Operating cash flow-$143.0M-152%
CapEx$219.0M+11.2%
Free cash flow-$362.0M-576%

Valuation

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Market cap$9.76B-31.2%
Enterprise value$16.47B-21.9%
P/E26.7×+12.7×
P/S0.5×-0.2×

Profitability

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Gross margin18.9%-0.2pp
Operating margin5.4%-4.1pp
Net margin1.8%-6.2pp
FCF margin5.3%-3.4pp

Returns & leverage

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Return on equity4%-11.5pp
Debt / equity1.1×+0.1×
Current ratio2.1×+0.5×

Where this comes from

Reported directly by Aptiv in its filing.

Tagged under the XBRL concept aptv:SeparationCosts.

The source filing: Aptiv’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001521332-26-000048
For the Three Months Ended March 31, 2026:Electrical Distribution Systems / (in millions)Engineered Components / (in millions)Intelligent Systems / (in millions)Total
Segment adjusted operating income$149$271$142$562
Amortization(1)(30)(22)(53)
Restructuring(46)(4)(12)(62)
Separation costs(57)(57)
Other acquisition and portfolio project costs(1)(3)(3)(7)
Asset impairments(7)(7)
Compensation expense related to acquisitions(2)(2)
Net gain on lease terminations44

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Aptiv's intelligent systems — separation costs?
Aptiv (APTV) reported intelligent systems — separation costs of $0 in Q1 2026.
What does intelligent systems — separation costs mean?
This represents the non-recurring costs associated with the organizational restructuring, spin-offs, or divestitures within the Intelligent Systems segment. These costs include legal, consulting, and severance expenses incurred to streamline the business structure.

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