Dana Q1 FY26 operating income rises to $19 million; net sales increase 4.89% to $1.87 billion

Dana Incorporated

Dana Incorporated

DAN

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  • Dana posts net income attributable to the parent company of $1.09 billion, swinging from a net loss from continuing operations of $15 million.
  • Net sales rise 4.89% to $1.87 billion, lifted by $64 million of currency effects; organic change adds $23 million.
  • Gross margin widens to 9% from 6.6%, while other expense deepens to $40 million from $1 million, reflecting $56 million of electric vehicle program termination charges.
  • Off-Highway divestiture closes Jan. 1, 2026, bringing initial cash proceeds of $2.66 billion and a preliminary $1.19 billion pre-tax gain in discontinued operations.
  • 2026 outlook maintained with sales of $7.3 billion-$7.7 billion, adjusted EBITDA of $750 million-$850 million.


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