Filing Flows › Allison Transmission Holdings (ALSN) › Q2 2026 › vs Q1 2026
Allison Transmission Holdings (ALSN) Q2 2026 vs Q1 2026 (quarter over quarter)
Allison Transmission Holdings's revenue rose $160M (+11%) from $1.4B in Q1 2026 to $1.6B in Q2 2026. The biggest changes: Allison Transmission +$127M (+17%); Allison Off-Highway +$33.0M (+5%). Gross margin 32.9% against 28.9% (+4.0 pts).
Allison Transmission Holdings, Q2 2026: revenue $1.6B (+92% year over year), operating margin 18.6%, net earnings $181M, operating cash flow $312M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 32.9% | 28.9% | +4.0 pts |
| Operating margin | 18.6% | 13.9% | +4.7 pts |
| Net margin | 11.6% | 8.0% | +3.6 pts |
| Free cash flow margin | 17.9% | 7.3% | +10.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Allison Transmission | $860M | $733M | $127M | +17% |
| Allison Off-Highway | $706M | $673M | $33.0M | +5% |
| Revenue | $1.6B | $1.4B | $160M | +11% |
| Gross profit | $515M | $406M | $109M | +27% |
| Cost of revenue | $1.1B | $1.0B | $51.0M | +5% |
| Operating profit | $291M | $195M | $96.0M | +49% |
| Operating expenses | $224M | $211M | $13.0M | +6% |
| Pre-tax earnings | $228M | $132M | $96.0M | +73% |
| Other expense, net | $63.0M | $63.0M | $0 | 0% |
| Research & development | $56.0M | $54.0M | $2.0M | +4% |
| SG&A | $168M | $157M | $11.0M | +7% |
| Net earnings | $181M | $112M | $69.0M | +62% |
| Income tax | $47.0M | $20.0M | $27.0M | +135% |
| Depreciation & amortization | $85.0M | $80.0M | $5.0M | +6% |
| Share-based compensation | $10.0M | $7.0M | $3.0M | +43% |
| Working capital & other | $36.0M | −$43.0M | $79.0M | — |
| Operating cash flow | $312M | $156M | $156M | +100% |
| Free cash flow (OCF − capex) | $281M | $103M | $178M | +173% |
| Capital expenditures | $31.0M | $53.0M | −$22.0M | -42% |
Questions
How much did Allison Transmission Holdings's revenue grow quarter over quarter in Q2 2026?
Allison Transmission Holdings's revenue rose $160M (+11%) from $1.4B in Q1 2026 to $1.6B in Q2 2026.
What drove Allison Transmission Holdings's revenue change in Q2 2026?
Allison Transmission +$127M (+17%); Allison Off-Highway +$33.0M (+5%).