Filing Flows › Allison Transmission Holdings (ALSN) › Q3 2026 › vs Q2 2026
Allison Transmission Holdings (ALSN) Q3 2026 vs Q2 2026 (quarter over quarter)
Allison Transmission Holdings's revenue fell $32.0M (-2%) from $1.6B in Q2 2026 to $1.5B in Q3 2026. The biggest changes: Allison Off-Highway −$53.0M (-8%); Allison Transmission +$21.0M (+2%). Gross margin 32.9% against 32.9% (+0.0 pts).
Allison Transmission Holdings, Q3 2026: revenue $1.5B (+121% year over year), operating margin 19.8%, net earnings $191M, operating cash flow $343M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 32.9% | 32.9% | +0.0 pts |
| Operating margin | 19.8% | 18.6% | +1.2 pts |
| Net margin | 12.5% | 11.6% | +0.9 pts |
| Free cash flow margin | 18.1% | 17.9% | +0.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Allison Transmission | $881M | $860M | $21.0M | +2% |
| Allison Off-Highway | $653M | $706M | −$53.0M | -8% |
| Revenue | $1.5B | $1.6B | −$32.0M | -2% |
| Gross profit | $505M | $515M | −$10.0M | -2% |
| Cost of revenue | $1.0B | $1.1B | −$22.0M | -2% |
| Operating profit | $304M | $291M | $13.0M | +4% |
| Operating expenses | $201M | $224M | −$23.0M | -10% |
| Pre-tax earnings | $238M | $228M | $10.0M | +4% |
| Other expense, net | $66.0M | $63.0M | $3.0M | +5% |
| Research & development | $59.0M | $56.0M | $3.0M | +5% |
| SG&A | $142M | $168M | −$26.0M | -15% |
| Net earnings | $191M | $181M | $10.0M | +6% |
| Income tax | $47.0M | $47.0M | $0 | 0% |
| Depreciation & amortization | $78.0M | $85.0M | −$7.0M | -8% |
| Share-based compensation | $8.0M | $10.0M | −$2.0M | -20% |
| Working capital & other | $66.0M | $36.0M | $30.0M | +83% |
| Operating cash flow | $343M | $312M | $31.0M | +10% |
| Free cash flow (OCF − capex) | $278M | $281M | −$3.0M | -1% |
| Capital expenditures | $65.0M | $31.0M | $34.0M | +110% |
Questions
How much did Allison Transmission Holdings's revenue grow quarter over quarter in Q3 2026?
Allison Transmission Holdings's revenue fell $32.0M (-2%) from $1.6B in Q2 2026 to $1.5B in Q3 2026.
What drove Allison Transmission Holdings's revenue change in Q3 2026?
Allison Off-Highway −$53.0M (-8%); Allison Transmission +$21.0M (+2%).