Autoliv, Inc. (ALV) Q3 FY2026 earnings

Reported results

• Net sales: $2,693 million (GAAP), down 0.5% reported, down 1.1% organic
• Operating income: $254 million (GAAP), down 5.0%; Adjusted operating income: $262 million (non-GAAP), down 3.4%
• Operating margin: 9.4% (GAAP); Adjusted operating margin: 9.7% (non-GAAP)
• Diluted EPS: $2.13 (GAAP), down 6.8%; Adjusted diluted EPS: $2.19 (non-GAAP), down 5.7%
• Operating cash flow: $239 million; Free operating cash flow: $124 million (non-GAAP)
• ROCE: 24.1% (GAAP); Adjusted ROCE: 24.4% (non-GAAP)

Guidance

• Full year 2026 organic sales growth: Around 0%
• Full year 2026 adjusted operating margin: Around 10.5% (non-GAAP)
• Full year 2026 operating cash flow: Around $1.2 billion
• Full year 2026 FX impact on net sales: Around 2.5% positive
• Full year 2026 LVP growth assumption: Around 2% negative
• Full year 2026 tax rate assumption: Around 30%

Notes

Company excludes capacity alignment costs and antitrust-related matters from adjusted measures. Gross impact from raw material price changes in Q3 2026 was approximately $42 million; full year 2026 gross impact estimated at $120 million. Tariff-related net negative impact after customer compensation was around $6 million in Q3 2026. Company achieved over 80% customer compensation for tariff costs. Share count declined 5.2% year-over-year to 72.0 million shares outstanding at period-end. Leverage ratio of 1.3x was maintained despite $150 million in share repurchases and $63 million in dividends paid during the quarter.

Price and volatility reaction

The stock moved -3.5% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -7.9 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-23 (8-K, Item 2.02). Read the original filing on sec.gov.