Dana Incorporated Reports Strong Second-Quarter Results; Increases Full-Year Guidance; Restarts Share Repurchase Program
Second-Quarter Highlights: Sales of $2.0 billion, up 4 percent versus the second quarter of 2025 Adjusted EBITDA of $207 million; $60 million higher than second quarter of 2025 10.3 percent adjusted EBITDA margin; 270 basis points higher than prior year Achieved $19 million in additional cost savings Repurchased 1.2 million shares, returning $44 million to shareholders Year-to-date shareholder returns of $169 million Planning an additional ~$200 million of repurchases in 2026 Eaton Mobility transaction remains on track for first-quarter of 2027 close MAUMEE, Ohio, Aug. 6, 2026 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced its second-quarter 2026 financial results, delivering strong performance, expanding margins, and increasing its full-year outlook. "Dana continues to execute our strategy with discipline and consistency, delivering another quarter of strong margin expansion while advancing our long-term growth initiatives," said Byron Foster, Chief Executive Officer.