Allison Transmission Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the U.S. Securities and Exchange Commission on November 4, 2026, reporting third-quarter net sales of $1.534 billion and net income of $191 million.

Key Highlights

  • Net sales of $1.534 billion for the three months ended September 30, 2026, compared to $693 million in the same period of 2025, according to the filing.
  • Net income of $191 million for the third quarter of 2026, up from $137 million in the third quarter of 2025, as reported in the condensed consolidated statements of comprehensive income.
  • Diluted earnings per share of $2.30 for the three months ended September 30, 2026, compared to $1.63 in the prior-year quarter.
  • Total assets of $8.789 billion as of September 30, 2026, rising from $6.082 billion as of December 31, 2025, the filing disclosed.
  • Business acquisition of $2.529 billion (net of cash acquired) was recorded in investing activities during the nine months ended September 30, 2026.
  • 82,133,940 shares of common stock outstanding as of October 22, 2026, per the filing's cover page.
  • Cash and cash equivalents of $497 million at September 30, 2026, down from $1.495 billion at December 31, 2025.

Allison Transmission Reports Significant Revenue Growth and Acquisition Impact in Third Quarter 2026

Allison Transmission Holdings, Inc. (NYSE:ALSN) reported third-quarter 2026 net sales of $1.534 billion, more than double the $693 million recorded in the third quarter of 2025, according to the 10-Q filed for the period ended September 30, 2026. For the nine months ended September 30, 2026, net sales totaled $4.506 billion compared to $2.273 billion in the same period of the prior year. The company attributed a substantial portion of balance sheet changes to what the filing refers to as "the Acquisition," with cash flows from operating activities also adjusted for effects of that transaction.

Operating income for the three months ended September 30, 2026, was $304 million, compared to $204 million in the year-ago quarter. For the nine-month period, operating income was $790 million, down from $709 million in 2025, as cost of sales and selling, general and administrative expenses increased. Interest expense, net, was $51 million for the third quarter of 2026 versus $24 million in the same 2025 period, reflecting higher long-term debt levels. Total long-term debt stood at $3.992 billion at September 30, 2026, compared to $2.885 billion at December 31, 2025. The filing disclosed that $1.200 billion in long-term debt was issued during the nine months ended September 30, 2026.

Goodwill increased to $2.828 billion at September 30, 2026, from $2.075 billion at December 31, 2025, and intangible assets, net, rose to $1.582 billion from $794 million, consistent with the acquisition activity noted in the cash flow statement. The company's retained earnings moved to $249 million at September 30, 2026, from an accumulated deficit of $38 million at December 31, 2025. During the third quarter, the company paid dividends of $0.29 per share on common stock and repurchased common stock totaling $58 million, the filing stated.

What Was Disclosed

Allison Transmission's 10-Q for the period ended September 30, 2026, disclosed quarterly net sales of $1.534 billion, net income of $191 million, diluted EPS of $2.30, total assets of $8.789 billion, and a $2.529 billion business acquisition recorded in the nine-month period.