Allison Transmission — May 4, 2026 release

  2 Full Year 2026 Guidance Update Given first quarter results, while taking into consideration current macroeconomic and geopolitical uncertainty, we are reaffirming our full year 2026 guidance provided to the market on February 23, 2026. Allison expects:     •   Consolidated net sales in the range of $5,575 to $5,925 million     •   Net sales for the Allison Transmission business unit in the range of $3,025 to $3,175 million     •   Net sales for the Allison Off-Highway business unit in the range of $2,550 to $2,750 million     •   Consolidated net income in the range of $600 to $750 million, subject to the completion of purchase price accounting associated with the acquisition of the Allison Off-Highway business unit     •   Net income guidance includes more than $100 million of one-time, pre-tax expenses associated with the separation, integration and restructuring of the Allison Off-Highway business unit. Including one-time costs, the Allison Off-Highway acquisition is expected to be accretive to net income and diluted EPS in 2026     •   Consolidated adjusted EBITDA in the range of $1,365 to $1,515 million     •   Consolidated net cash provided by operating activities in the range of $970 to $1,100 million, including approximately $55 million of one-time cash outlays associated with the acquisition of the Allison Off-Highway business unit     •   Consolidated capital expenditures in the range of $295 to $315 million, including one-time separation and integration capital expenditures of approximately $45 million