Visteon reported second-quarter 2026 net sales of $960 million, down from $969 million a year earlier, even as the company said sales grew 4% versus the market. Gross margin came in at $118 million.
Net income attributable to Visteon was $49 million, or $1.80 per diluted share. Adjusted EBITDA was $116 million, equal to a 12.1% margin.
Cash from operations was $37 million in the quarter, and adjusted free cash flow was $20 million. For the first six months of 2026, cash from operations totaled $43 million, capital expenditures were $61 million, and adjusted free cash flow was an outflow of $3 million.
Visteon ended the quarter with $650 million in cash and $299 million in debt, leaving net cash at $351 million. That compares with the company’s year-end balance sheet position of net cash, though no prior-quarter figure was provided in the release.
New business wins reached about $2.0 billion in the quarter. The company also launched 24 new products across 11 customers.
Visteon announced a $200 million accelerated share repurchase program under its existing $800 million authorization. The company said the repurchase is expected to be completed early in the fourth quarter of 2026. The market has reacted to these announcements by moving the company's shares -3.08% to a price of $99.98. For the full picture, make sure to review VISTEON CORP's 8-K report.
