Aptiv PLC (APTV) Earnings Call Transcripts

Aptiv PLC's Latest Earnings Call - August 12, 2026

In the second quarter of fiscal year 2026, Aptiv PLC reported a revenue decline, prompting management to lower its full-year guidance by $300 million. The adjustments were primarily attributed to ongoing weakness in the China market, launch delays, and enterprise software timing issues. Revenue for the quarter was impacted by a 20% decline in retail sales in China, leading to a cautious outlook for the remainder of the year and into 2027, with management signaling a need for conservatism in forecasts due to market volatility.

Reported metrics

Guidance from management

Management has lowered its full-year revenue guidance by $300 million, reflecting increased conservatism due to market conditions, particularly in China. They did not provide specific guidance for 2027 but indicated a cautious outlook based on current market dynamics.

What management said

Yes. So given the dynamics in China and what we've seen from a schedule standpoint, obviously, we've overlaid incremental conservatism there. As it relates to what we're seeing in Europe and what we're seeing with select OEMs that operate in North America, we've put additional conservatism in related to actions that they could be taking that we don't see in schedules at this point in time. So I think we have a very ...

Yes. North American market has been solid. It's been solid for us. Our expectations is that it's a -- sitting here today, if you look at IHS, outlook for North America production, I think, is up a point or so next year, up more than that this year, but we see continued relatively strong demand.

What analysts pressed on

Analysts expressed concerns about the ongoing weakness in the China market and its impact on Aptiv's revenue. There were also questions regarding the visibility of enterprise software growth and the potential risks associated with European OEMs' cost structures.

Main topics on the call

• Revenue Guidance Reduction — Aptiv reduced its full-year revenue guidance by $300 million, citing 'customer schedule changes' and 'launch and ramp delays' as key factors. Management emphasized that the China market's ongoing weakness was a significa...
• China Market Weakness — Management highlighted that 'China retail sales are down 20%' and this has led to a reduction in schedules with local OEMs. The volatility in the Chinese market has made forecasting more challenging, prompting a cautious...
• Enterprise Software Timing Issues — The enterprise software segment experienced a decline due to 'lumpiness' in business, which management described as a 'shifting' issue in the quarter. This has affected overall revenue expectations for the software divis...
• Positive Momentum in Adjacent Markets — Despite challenges, management expressed optimism about growth in adjacent markets such as aerospace, defense, and energy storage, stating they are 'very excited about the progress' in these areas. This diversification c...

Read the full Aptiv PLC transcript (August 12, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 105 Aptiv PLC earnings call transcripts on record, spanning January 7, 2020 to August 12, 2026. Based on this history, Aptiv PLC reports quarterly. The most recent call on file is dated August 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

APTV

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Automobile Components

Calls on record

105

First call

January 7, 2020

Most recent

August 12, 2026

Reporting cadence

quarterly