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Allison Transmission Holdings (ALSN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 23, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

2.44

Last Year’s EPS

2.29

Same Quarter Last Year

Analyst Consensus

Hold

Based on 5 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 04, 2026|

% Change Since:

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

Allison reaffirmed its full‑year 2026 guidance: consolidated net sales $5.575–$5.925 billion (Allison Transmission $3.025–$3.175 billion; Allison Off Highway $2.55–$2.75 billion), consolidated net income $600–$750 million (which includes more than $100 million of one‑time pretax separation/integration costs), and consolidated adjusted EBITDA $1.365–$1.515 billion (midpoint implying ~25% adjusted EBITDA margin; company target longer‑term adjusted EBITDA margin 27–29%). They expect consolidated net cash provided by operating activities of $970 million–$1.1 billion (including ~ $55 million of one‑time acquisition‑related cash outlays), consolidated capital expenditures $295–$315 million (including roughly $45 million of one‑time separation/integration capex), and consolidated adjusted free cash flow of $655 million to an upper amount that was inaudible on the call; the acquisition is expected to be accretive to full‑year EPS. Quarterly/balance‑sheet context: Q1 adjusted diluted EPS was $2.57 and Q1 adjusted EBITDA was $362 million (26% margin); cash on hand $311 million, ~$845 million available on the revolver, net debt just under $4 billion (pro forma leverage below 3x) with a near‑term net leverage target of ~2x.

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).

Allison Transmission Holdings (ALSN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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ALSN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 23, 2026	2026 (Q2)	2.44 / -	2.29	―	―	―
May 04, 2026	2026 (Q1)	2.07 / 1.33	2.23	-40.36% (-0.90)
Feb 23, 2026	2025 (Q4)	1.55 / 1.18	2.01	-41.29% (-0.83)
Oct 29, 2025	2025 (Q3)	1.78 / 1.63	2.27	-28.19% (-0.64)
Aug 04, 2025	2025 (Q2)	2.21 / 2.29	2.13	7.51% (+0.16)
May 01, 2025	2025 (Q1)	2.05 / 2.23	1.9	17.37% (+0.33)
Feb 11, 2025	2024 (Q4)	1.91 / 2.01	1.91	5.24% (+0.10)
Oct 29, 2024	2024 (Q3)	2.03 / 2.27	1.76	28.98% (+0.51)
Jul 25, 2024	2024 (Q2)	2.06 / 2.13	1.92	10.94% (+0.21)
Apr 25, 2024	2024 (Q1)	1.89 / 1.90	1.85	2.70% (+0.05)

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	$128.72	$127.05	-1.29%
Feb 23, 2026	$116.26	$121.39	+4.41%
Oct 29, 2025	$80.92	$82.89	+2.44%
Aug 04, 2025	$87.00	$85.44	-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 (ALSN) report earnings?

Allison Transmission (ALSN) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).

What is Allison Transmission (ALSN) earnings time?

Allison Transmission (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 2.44.