Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 131

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 2
Chunk 131
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 clauses into our vehicle manufacturer supply contracts and hedging. We have also negotiated, and will continue to negotiate, price increases with our customers in response to the aforementioned increased overall inflation and global supply chain disruptions.

61

Three and Nine Months Ended September 30, 2025 versus Three and Nine Months Ended September 30, 2024

The results of operations for the three and nine months ended September 30, 2025 and 2024 were as follows: Three Months Ended September 30,Nine Months Ended September 30, 2025 2024 Favorable/(unfavorable)2025 2024 Favorable/(unfavorable) (dollars in millions)Net sales$5,212 $4,854 $358 $15,245 $14,806 $439 Cost of sales4,194 3,951 (243)12,310 12,057 (253)Gross margin1,018 19.5%903 18.6%115 2,935 19.3%2,749 18.6%186 Selling, general and administrative433 331 (102)1,223 1,102 (121)Amortization52 53 1 156 159 3 Restructuring60 16 (44)149 125 (24)Goodwill impairment648 — (648)648 — (648)Operating (loss) income(175)503 (678)759 1,363 (604)Interest expense(90)(101)11 (274)(230)(44)Other income, net22 5 17 34 30 4 Net gain on equity method transactions— — — 46 641 (595)(Loss) income before income taxes and equity loss(243)407 (650)565 1,804 (1,239)Income tax expense(103)(32)(71)(504)(159)(345)(Loss) income before equity loss(346)375 (721)61 1,645 (1,584)Equity loss, net of tax(6)(7)1 (27)(110)83 Net (loss) income(352)368 (720)34 1,535 (1,501)Net income attributable to noncontrolling interest3 7 (4)9