Aptiv swings to $11 million GAAP loss on $4.8 billion revenue in first quarter 2025
Aptiv reported a first quarter 2025 U.S. GAAP net loss of $11 million, or $0.05 per diluted share, compared with net income of $218 million, or $0.79 per share, a year earlier. The swing mainly reflects a tax expense of $356 million, which includes about $300 million of higher valuation allowances tied to OECD guidance, while adjusted earnings rose to $1.69 per share from $1.16.
Key points
- Net sales were $4.8 billion, down 2% from the prior year period; adjusted for currency and commodities, revenue fell 1%.
- Adjusted operating income was $572 million, a margin of 11.9%, compared with 11.1% a year earlier.
- Full-year 2025 guidance calls for net sales of $19.6 billion to $20.4 billion and U.S. GAAP diluted net income per share of $5.25 to $5.85, excluding potential tariff impacts.
- Net cash from operating activities was $273 million, up from $244 million, and $2.52 billion remained under the $5.0 billion buyback authorization as of March 31, 2025.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.