Filing Flows › Allison Transmission Holdings (ALSN) › Q3 2026
Allison Transmission Holdings (ALSN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Allison Transmission Holdings (ALSN) reported revenue of $1.5B for the third quarter 2026 (Q3 2026), +121% from a year earlier and -2% from the quarter before. Operating margin was 19.8%, net earnings $191M (12.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -2% | +121% |
| Gross profit | $505M | -2% | +53% |
| Operating profit | $304M | +4% | +49% |
| Net earnings | $191M | +6% | +39% |
| Operating cash flow | $343M | +10% | +50% |
| Free cash flow | $278M | -1% | +51% |
What changed
Revenue was $1.5B in Q3 2026, up 121% year over year and down 2% from the previous quarter. Allison Transmission was the largest line at 57% of revenue. Allison Transmission added $0.19B year over year (up 27%), 22% of the total change.
Gross margin was 32.9%, down 14.7 points from Q3 2025. Operating profit was $0.30B, a 19.8% margin (down 9.6 points year over year). Of the extra revenue versus Q3 2025, 12% reached operating profit, below the 29% margin then. Operating expenses grew 60% against revenue growth of 121%. The fastest-growing cost line was SG&A (+71%). Net earnings were $0.19B, up 39% year over year. The effective tax rate was 19.7%.
Operating cash flow was $0.34B (up 50% year over year), 180% of net earnings. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.07B left free cash flow of $0.28B.
Questions
What was Allison Transmission Holdings' revenue in the third quarter 2026?
Allison Transmission Holdings (ALSN) reported revenue of $1.5B for the third quarter 2026 (Q3 2026), +121% from a year earlier and -2% from the quarter before.
Was Allison Transmission Holdings profitable in the third quarter 2026?
Operating profit was $304M (19.8% of revenue) and net earnings $191M.