Aptiv PLC Reports 3% Revenue Growth in 2025

By Chris Stiles • Saturday, February 07 16:48 • Permanent Link

Aptiv PLC has recently released its 10-K report for the year ended December 31, 2024, providing a comprehensive overview of its financial performance and operations. The company, based in Schaffhausen, Switzerland, operates through two segments: Signal and Power Solutions, and Advanced Safety and User Experience, offering a range of vehicle components for the automotive and commercial vehicle markets globally.

In 2025, Aptiv PLC reported net sales of $20.4 billion, representing a 3% increase from 2024. The growth was primarily driven by increased volume in North America and Asia Pacific, partially offset by volume declines in Europe. The company also noted favorable foreign currency impacts, primarily related to the Euro, and contractual price reductions of $47 million.

Cost of sales for the year ended December 31, 2025, increased by $498 million compared to 2024. This increase was attributed to improved operational performance, increased volumes, and currency exchange fluctuations. Additionally, the company reported increased commodity pass-through costs, depreciation, and warranty costs.

Selling, general and administrative expenses for 2025 totaled $1.67 billion, representing an increase compared to 2024. The rise was primarily due to separation costs, long-lived asset impairment charges, and increased incentive compensation costs.

Aptiv PLC recorded a non-cash pre-tax goodwill impairment charge of approximately $648 million related to the Wind River reporting unit for the year ended December 31, 2025.

The company's effective tax rate was 76% for 2025, significantly higher than the 10% rate in 2024. This increase was attributed to net discrete tax expense primarily related to a change in valuation allowance on the Swiss tax incentive, tax accruals associated with the Separation of the Electrical Distribution Systems business, and the non-deductible Wind River non-cash goodwill impairment charge.

The 10-K report provides a detailed insight into Aptiv PLC's financial performance, highlighting the company's revenue growth, cost pressures, and tax implications for the year 2025. The market has reacted to these announcements by moving the company's shares -4.84% to a price of $78.61. If you want to know more, read the company's complete 10-K report here.

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