Filing Flows › Visteon (VC) › Q1 2026
Visteon (VC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 23, 2026
Visteon (VC) reported revenue of $954M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +0.6% from the quarter before. Operating margin was 5.1%, net earnings $31.0M (3.2% of revenue).
Visteon, Q1 2026: revenue $954M (+2% year over year), operating margin 5.1%, net earnings $31.0M, operating cash flow $6.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $954M | +0.6% | +2% |
| Gross profit | $113M | -7% | -18% |
| Operating profit | $49.0M | +880% | -48% |
| Net earnings | $31.0M | -58% | -54% |
| Operating cash flow | $6.0M | -95% | -91% |
What changed
Revenue was $954.0M in Q1 2026, up 2% year over year and up 1% from the previous quarter. Instrument clusters was the largest line at 50% of revenue. Instrument clusters added $40.0M year over year (up 9%), 200% of the total change. Body and electrification declined 22%.
Gross margin was 11.8%, down 2.9 points from Q1 2025. Operating profit was $49.0M, a 5.1% margin (down 5.0 points year over year). Operating profit fell $46.0M even though revenue rose $20.0M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 49% against revenue growth of 2%. Net earnings were $31.0M, down 54% year over year. The effective tax rate was 32.7%.
Operating cash flow was $6.0M (down 91% year over year), 18% of net income including minority interests. Non-cash charges added back $29.0M of depreciation and amortization and $12.0M of share-based compensation. Working capital and other items used $68.0M.
Questions
What was Visteon's revenue in the first quarter 2026?
Visteon (VC) reported revenue of $954M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +0.6% from the quarter before.
Was Visteon profitable in the first quarter 2026?
Operating profit was $49.0M (5.1% of revenue) and net earnings $31.0M.
Source: Visteon 10-Q on SEC EDGAR.