HighGravityDataSigned in · PRO
Guidance history, every release
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
| Metric | Oct 29, 2024 FY24 Q3 | Feb 11, 2025 FY24 Q4 | May 1, 2025 FY25 Q1 | Aug 4, 2025 FY25 Q2 | Oct 29, 2025 FY25 Q3 | Feb 23, 2026 FY25 Q4 | May 4, 2026 FY26 Q1 | Aug 3, 2026 FY26 Q2 |
|---|---|---|---|---|---|---|---|---|
| For FY2026 | ||||||||
| Consolidated net sales | — | — | — | — | — | New“$5,575 to $5,925 million” | Reiterated“$5,575 to $5,925 million” | Raised“$5,800 to $6,000 million” |
| Net sales for the Allison Off-Highway business unit | — | — | — | — | — | — | New“$2,550 to $2,750 million” | — |
| Net sales for the Allison Off-Highway Drive and Motion Systems segment | — | — | — | — | — | New“$2,550 to $2,750 million” | — | — |
| Net sales for the Allison Transmission business unit | — | — | — | — | — | — | New“$3,025 to $3,175 million” | — |
| Net sales for the Allison Transmission segment | — | — | — | — | — | New“$3,025 to $3,175 million” | — | — |
| Additional depreciation (included in net income) | — | — | — | — | — | — | — | New“$50 million” |
| Allison Off-Highway acquisition impact on net income and diluted EPS | — | — | — | — | — | New“expected to be accretive to net income and Diluted EPS” | Reiterated“expected to be accretive to net income and diluted EPS” | Reiterated“expected to be accretive to net income and diluted EPS” |
| Consolidated adjusted EBITDA | — | — | — | — | — | New“$1,365 to $1,515 million” | Reiterated“$1,365 to $1,515 million” | Raised“$1,465 to $1,575 million” |
| Consolidated net income | — | — | — | — | — | New“$600 to $750 million” | Reiterated“$600 to $750 million” | Narrowed“$600 to $700 million” |
| Expenses related to the stepped-up basis in inventory (included in net income) | — | — | — | — | — | — | — | New“approximately $75 million” |
| One-time, pre-tax expenses associated with the separation, integration and restructuring of the Allison Off-Highway business unit included in net income | — | — | — | — | — | — | New“more than $100 million” | Raised“approximately $140 million” |
| One-time, pre-tax expenses included in net income associated with separation, integration and restructuring of the Off-Highway Drive and Motion Systems segment | — | — | — | — | — | New“approximately $70 million” | — | — |
| Consolidated adjusted free cash flow | — | — | — | — | — | New“$655 to $805 million” | Reiterated“$655 to $805 million” | Raised“$745 to $865 million” |
| Consolidated capital expenditures | — | — | — | — | — | New“$295 to $315 million, including one-time separation and integration capital expenditures of approximately $45 million” | Reiterated“$295 to $315 million, including one-time separation and integration capital expenditures of approximately $45 million” | Lowered“$260 to $280 million” |
| Consolidated net cash provided by operating activities | — | — | — | — | — | New“$970 to $1,100 million, including approximately $55 million of one-time cash outlays associated with the acquisition of the Off-Highway Drive and Motion Systems business unit” | Reiterated“$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” | Raised“$1,025 to $1,125 million” |
| One-time cash outlays associated with the acquisition of the Allison Off-Highway business unit (included in operating cash flow) | — | — | — | — | — | — | — | New“approximately $55 million” |
| One-time separation and integration capital expenditures (included in capital expenditures) | — | — | — | — | — | — | — | New“approximately $30 million” |
| For FY2025 | ||||||||
| Net sales | — | New“$3,200 to $3,300 million” | Reiterated“$3,200 to $3,300 million” | Lowered“$3,075 to $3,175 million” | Lowered“$2,975 to $3,025 million” | — | — | — |
| Adjusted EBITDA | — | — | — | — | New“$1,090 to $1,125 million” | — | — | — |
| Adjusted EBITDA (Non-GAAP) | — | New“$1,170 to $1,230 million” | Reiterated“$1,170 to $1,230” | Lowered“$1,130 to $1,180” | — | — | — | — |
| Implied Adjusted EBITDA margin | — | — | — | — | New“maintaining the midpoint of the implied Adjusted EBITDA margin guidance” | — | — | — |
| Net income | — | — | — | — | New“$620 to $650 million” | — | — | — |
| Net income (GAAP) | — | New“$735 to $785 million” | Reiterated“$735 to $785” | Lowered“$640 to $680” | — | — | — | — |
| Adjusted free cash flow | — | — | — | — | New“$600 to $620 million” | — | — | — |
| Adjusted free cash flow (Non-GAAP) | — | New“$635 to $685 million” | Reiterated“$635 to $685” | Lowered“$620 to $660” | — | — | — | — |
| Capital expenditures | — | New“$165 to $175 million” | Reiterated“$165 to $175 million” | Reiterated“$165 to $175 million” | Reiterated“$165 to $175 million” | — | — | — |
| Dana Off-Highway business acquisition closing | — | — | — | New“expected to close late in the fourth quarter of 2025” | — | — | — | — |
| Net cash provided by operating activities | — | — | — | — | New“$765 to $795 million” | — | — | — |
| Net cash provided by operating activities (GAAP) | — | New“$800 to $860 million” | Reiterated“$800 to $860” | Lowered“$785 to $835” | — | — | — | — |
| For FY2024 | ||||||||
| Net Sales | New“$3,135 to $3,215 million” | — | — | — | — | — | — | — |
| Adjusted EBITDA | New“$1,115 to $1,175 million” | — | — | — | — | — | — | — |
| Net Income | New“$675 to $725 million” | — | — | — | — | — | — | — |
| Adjusted Free Cash Flow | New“$605 to $655 million” | — | — | — | — | — | — | — |
| Capital Expenditures | New“$135 to $145 million” | — | — | — | — | — | — | — |
| Net Cash Provided by Operating Activities | New“$740 to $800 million” | — | — | — | — | — | — | — |
| No period stated | ||||||||
| Net leverage target | — | — | — | — | — | — | New“2.0x” | — |
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.