---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-122177"
form_type: "8-K"
ticker: "ALSN"
cik: "0001411207"
company_name: "Allison Transmission Holdings Inc"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:43:25.493342+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Allison Transmission Q1 record net sales $741M (+9% YoY), EPS $1.85 (+42%), raises FY2023 guidance

## Summary
- Record quarterly net sales $741M, up 9% YoY; diluted EPS $1.85, up 42% YoY.
- Net income $170M (+32% YoY); Adjusted EBITDA $276M.
- Increased quarterly dividend 10% to $0.23 per share; repurchased 1% of outstanding shares.
- Raised full year 2023 guidance citing sustained demand in North America and growth initiatives.
- Service Parts, Support Equipment & Other end market record $183M (+32% YoY); North America On-Highway $376M (+9% YoY).

## SEC filing metadata
- accession: 0001193125-23-122177
- form_type: 8-K
- ticker: ALSN
- cik: 0001411207
- company_name: Allison Transmission Holdings Inc
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1411207/000119312523122177/0001193125-23-122177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1411207/000119312523122177/d182789d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-122177
- JSON: https://secwatch.observer/filing/0001193125-23-122177.json
- Plain text: https://secwatch.observer/filing/0001193125-23-122177.txt

## Key facts
- Earnings Releases
  Allison Transmission Holdings Inc updated its full year 2023 guidance (raised).
  - Period: full year 2023
  - Guidance: raised
  - Result: guidance update
  source text: As a result of sustained demand in our end markets, particularly in North America, and the continued execution of our growth initiatives, we are pleased to raise full year 2023 guidance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411207/000119312523122177/0001193125-23-122177-index.htm
- Earnings Releases
  Allison Transmission Holdings Inc reported three months ended March 31, 2023 results: revenue $741 million, net income $170 million, EPS $1.85.
  - Period: three months ended March 31, 2023
  - Revenue: $741 million
  - Net income: $170 million
  - EPS: $1.85
  - Result: reported results
  source text: First Quarter Financial Highlights Net sales for the quarter were an all-time high of $741 million. Year over year results were led by: • A $44 million increase in net sales in the Service Parts, Support Equipment and Other end market, leading to record quarterly sales of $183 million, principally driven by higher demand for global service parts and support equipment, higher demand for aluminum die cast components and price increases on certain products. • A $30 million increase in net sales in the North America On-Highway end market principally driven by strength in customer demand for medium-duty and Class 8 vocational trucks and price increases on certain products. Net income for the quarter was $170 million. Diluted EPS for the quarter was $1.85.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1411207/000119312523122177/0001193125-23-122177-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.