Aptiv — Oct 30, 2025 release

This includes the impact of a non-cash goodwill impairment charge of $648 million related to the Company’s acquisition of Wind River in 2022, reflecting slower growth than original expectations over 2023 and 2024 due to delays in 5G adoption and the launch of software-defined vehicle programs. Mid-teens revenue growth in Wind River is expected in 2025. Prior year period net income totaled $363 million, with net income margin of 7.5% and earnings of $1.48 per diluted share. Third quarter Adjusted Net Income totaled $471 million, or earnings of $2.17 per diluted share, compared to $449 million, or $1.83 per diluted share, in the prior year period, an increase of 4.9% and 18.6%, respectively. Third quarter U.S. GAAP operating loss was $175 million, compared to operating income of $503 million in the prior year period. The Company reported third quarter Adjusted Operating Income of $654 million, compared to $593 million in the prior year period. Adjusted Operating Income margin was 12.5%, compared to 12.2% in the prior year period, primarily reflecting improved operating performance, including the benefits of cost reduction initiatives, partially offset by increased commodity costs and foreign exchange impacts totaling $56 million. Depreciation and amortization expense totaled $249 million in the third quarter, compared to $241 million in the prior year period. Interest expense for the third quarter totaled $90 million, a decrease from $101 million in the prior year period. Tax expense in the third