earnings
confidence high
sentiment positive
materiality 0.80
Dana Q2 2026: Sales up 4% to $2.01B, adj. EBITDA margin 10.3%, raises full-year guidance, restarts buyback
DANA Inc
- Sales $2.01B (+4% YoY); adj. EBITDA $207M (10.3% margin vs 7.6% prior year); net income $11M vs loss $12M.
- Diluted EPS $0.06; adjusted EPS $0.19 vs $0.03; operating cash flow $109M vs $32M.
- Restarted share repurchase; repurchased 1.2M shares for $44M in Q2; plans additional ~$200M in 2026.
- Eaton Mobility transaction on track for Q1 2027 close; now using split-off structure intended to be tax-free.
- Raised FY 2026 guidance: sales $7.65-7.85B, adj. EBITDA $800-850M, adj. EPS $1.75-2.25, FCF $275-375M.