First Quarter Revenue
Aptiv reported Q1 2025 revenue of $4.8 billion, down 1% due to lower vehicle production in North America and Europe but was buoyed by strong growth in non-automotive end markets.
Operating Income and EPS Growth
Operating income reached a first-quarter record of $572 million, an increase of over 5%. Earnings per share also reached a first-quarter record of $1.69, reflecting a 46% increase from the prior year.
Strong Cash Flow
Operating cash flow totaled $273 million, attributed to robust execution across all segments and ongoing cost-saving initiatives.
Successful Share Repurchase Program
Aptiv completed a $3 billion accelerated share repurchase program, reducing the share count by 18%, with a total of 20% of shares retired over the last 12 months.
Bookings Success
First quarter bookings nearly reached $5 billion, with significant traction in China amounting to $1.4 billion and new business awards across each segment with local Chinese OEMs.
Innovation and Industry Recognition
Aptiv's Active Safety revenues increased 9%, and its innovative radar-based AI/ML Behavior Planner won the Automotive News PACE Pilot Innovation Award.