Allison Transmission Holdings (ALSN)
NYSE:ALSN
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.38Last Year’s EPS
2.29Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but broadly constructive outlook: adjusted (non-GAAP) profitability metrics were strong (adjusted EBITDA +22% and adjusted EPS +6%), the Off Highway acquisition is generating meaningful revenue and is expected to be accretive, and integration/synergy progress is on track toward a $120 million run-rate. Offsetting these positives are sizable one-time acquisition-related GAAP hits (~$76M inventory step-up, ~$22M amortization, ~$17M integration), near-term free cash flow seasonality, and elevated net leverage (~$4B) amid geopolitical and regulatory uncertainty that could pressure end markets (notably medium-duty). Management reaffirmed full-year guidance and emphasized confidence in long-term margin and synergy targets but acknowledged short-term headwinds.Company Guidance
Adjusted EBITDA Growth and Margin
Adjusted EBITDA of $362 million in Q1, up 22% year-over-year, with an adjusted EBITDA margin of 26% and a target range of 27%–29% over the next few years.
Adjusted EPS Improvement
Adjusted diluted EPS of $2.57 in Q1, up 6% year-over-year (GAAP diluted EPS was $1.33; adjusted net income was $216 million).
Off Highway Acquisition Revenue and Accretion
Allison Off Highway generated $673 million of sales in Q1 (approximately +10% year-over-year on a reported basis driven by currency and end-market demand) and management expects the acquisition to be accretive to full-year earnings.
Defense End Market Strength
Defense revenue in the Allison Transmission business was up 64% year-over-year in Q1, driven by international tracked programs and new product adoption (e.g., 3040 MX cross-drive).
Pricing and Price Realization
Allison Transmission realized approximately 325 basis points of price in Q1 and expects similar pricing for the full year; Off Highway pricing expected to be roughly neutral year-over-year.
Capital Allocation and Cash/Shareholder Returns
Company repaid $150 million of revolver borrowings in Q1, repurchased $20 million of stock, increased the quarterly dividend to $0.29 (7th consecutive year), and ended Q1 with $311 million cash on hand and ~$845 million available revolver capacity.
Integration Progress and Synergy Target
Integration of the Off Highway business is proceeding in a disciplined manner; management reaffirmed confidence in achieving $120 million of annual run-rate synergies and expects financial benefits beginning later in 2026.
Full-Year Guidance Reaffirmed
Reaffirmed 2026 consolidated net sales guidance of $5.575 billion–$5.925 billion; consolidated net income guidance of $600 million–$750 million (includes >$100 million of one-time pretax costs); consolidated adjusted EBITDA guidance of $1.365 billion–$1.515 billion (midpoint implying ~25% adjusted EBITDA margin).
ALSN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ALSN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $129.04 | $127.37 | -1.29% |
Feb 23, 2026 | $116.55 | $121.69 | +4.41% |
Oct 29, 2025 | $81.12 | $83.09 | +2.44% |
Aug 04, 2025 | $87.22 | $85.65 | -1.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Allison Transmission Holdings (ALSN) report earnings?
Allison Transmission Holdings (ALSN) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is Allison Transmission Holdings (ALSN) earnings time?
Allison Transmission Holdings (ALSN) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALSN EPS forecast?
ALSN EPS forecast for the fiscal quarter 2026 (Q2) is 2.38.