Autoliv Q1 2026 net sales up 6.8% to $2.75B, but EPS down 12%
Autoliv reported Q1 2026 net sales of $2,753 million, up 6.8% year-over-year, but diluted EPS fell 12% to $1.88.
- $2,753 million
- 0.8%
- 8.9%
What Happened
Autoliv's Q1 2026 net sales reached $2,753 million, a 6.8% increase from $2,578 million in Q1 2025, driven by 0.8% organic growth. Operating margin was 8.6%, while adjusted operating margin was 8.9%. Diluted earnings per share decreased 12% to $1.88, and adjusted EPS fell 4.7% to $2.05.
Regionally, Autoliv outperformed global light vehicle production (LVP) by 4.2 percentage points, with strong gains in Asia, especially China (outperforming by 15pp) and India (outperforming by 28pp). However, the Americas underperformed by 4.5pp. CEO Mikael Bratt highlighted continued expansion in India and the introduction of airbag solutions for motorcycles.
“The first quarter turned out better than we had anticipated, with strong sales in March. Our operational performance exceeded our expectations, with solid productivity improvements, partly supported by reduced call-off volatility.”
- Around 0% organic sales growth
- Around 3% positive FX impact on net sales
- Adjusted operating margin around 10.5-11%
- Operating cash flow around $1.2 billion
Why this matters
The results show Autoliv's resilience in a challenging auto market, with strong Asia growth offsetting global LVP decline, but profitability pressures persist from currency and one-time effects.
Terms in This Story
- LVP
- Light vehicle production; the total number of cars and light trucks manufactured globally or regionally.
- OEM
- Original equipment manufacturer; a company that makes parts or vehicles for another company's brand.
- ROCE
- Return on capital employed; a profitability ratio measuring how efficiently a company uses its capital to generate profits.
Summarised from the linked release; details can be imperfect — always verify against the original source.