Magna FY26 Q2 adjusted EPS rises 29% to US$1.86; sales increase 3% to US$11 billion

Reuters2026/07/31 09:03

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Magna posted Q2 2026 sales up 3% to USD 11 billion, while U.S. GAAP net income attributable to shareholders climbed 24% to USD 469 million.
U.S. GAAP diluted EPS rose 27% to USD 1.72; non-GAAP adjusted EPS increased 29% to USD 1.86, a second-quarter record.
Non-GAAP adjusted EBIT advanced 16% to USD 677 million, lifting the adjusted EBIT margin by 0.7 percentage points to 6.2%.
Free cash flow improved to USD 617 million from USD 301 million, while cash from operations increased to USD 954 million from USD 627 million.
Magna raised its full-year 2026 outlook for non-GAAP adjusted EBIT margin to 6.3%-6.6%, adjusted EPS to USD 6.70-USD 7.30, free cash flow to USD 1.75-USD 1.85 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magna International Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607310500PRIMZONEFULLFEED9801468) on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magna FY26 Q2 adjusted EPS rises 29% to US$1.86; sales increase 3% to US$11 billion

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