Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 142

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 2
Chunk 142
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804 214 194 17 3 — 214 Advanced Safety and User Experience4,373 4,410 (37)(46)9 — — (37)Eliminations and Other(662)(589)(73)(73)(2)2 — (73)Total$15,245 $14,806 $439 $339 $37 $63 $— $439 

Gross Margin Percentage by Segment Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024Electrical Distribution Systems12.9 %10.7 %12.3 %11.2 %Engineered Components Group26.4 %26.0 %26.2 %26.0 %Advanced Safety and User Experience18.8 %19.2 %18.7 %18.3 %Total19.5 %18.6 %19.3 %18.6 %

Adjusted Operating Income by Segment

 Three Months Ended September 30,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsOperational performanceOtherTotal (in millions)(in millions)Electrical Distribution Systems$192 $125 $67 $61 $22 $(16)$67 Engineered Components Group$298 $272 $26 $25 $28 $(27)$26 Advanced Safety and User Experience$164 $196 $(32)$22 $(7)$(47)$(32)

70

As noted in the table above, Adjusted Operating Income for the three months ended September 30, 2025 as compared to the three months ended September 30, 2024 was impacted by operational performance, volume, including product mix, as well as the impacts of favorable pricing, net of contractual price reductions, of $8 million. Adjusted Operating Income was also impacted by the following items included within Other in the table above:

•$33 million of unfavorable foreign currency impacts, primarily related to the Mexican Peso; and

•Approximately $50 million of increased SG&A expense, excluding the impact of separation costs and other acquisition and portfolio project costs, primarily driven by the absence of a credit loss recovery of approximately $25 million related to a supply relationship in Europe.

 Nine Months Ended September 30,Variance Due To: 202