Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 225

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 225
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 averaging 60 days.

47

The Company also generates revenue from the sale of software licenses, post delivery support and maintenance and professional software services. The Company generally recognizes revenue for software licenses and professional software services at a point in time upon delivery or when the services are provided. Revenue from post delivery support and maintenance for software contracts is generally recognized over time on a ratable basis over the contract term. Under certain of these arrangements, timing may differ between revenue recognition and billing.Disaggregation of RevenueRevenue generated from Aptiv’s operating segments is disaggregated by primary geographic market and by core product line in the following tables for the three and nine months ended September 30, 2025 and 2024. Information concerning geographic market reflects the manufacturing location.Revenue by geographic market for the three and nine months ended September 30, 2025 and 2024 is as follows:For the Three Months Ended September 30, 2025:Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceEliminations and OtherTotal(in millions)Geographic MarketNorth America$966 $547 $601 $(99)$2,015 Europe, Middle East and Africa500 543 591 (47)1,587 Asia Pacific734 587 250 (79)1,492 South America86 37 — (5)118 Total net sales$2,286 $1,714 $1,442 $(230)$5,212 For the Three Months Ended September 30, 2024:Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceEliminations and OtherTotal(in millions)Geographic MarketNorth America$818 $533 $496 $(85)$1,762 Europe, Middle East and Africa457 483 641 (30)1,551 Asia Pacific697 529 290 (71)1,445 South America63 37 — (4)96 Total net sales$2,035 $1,582 $1,427 $(190)$4,854 For the Nine Months Ended September 30, 2025:Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceEliminations and OtherTotal(in millions)Geographic MarketNorth America$2,708 $1,596 $1,709 $(280)$5,733 Europe, Middle East and Africa1,569 1,622 1,945 (160