# Dana Raises Sales Outlook as Adjusted Profit Improves

Quarterly sales reached $2.04 billion, while reported net income fell to $15 million.

By Will Langan | 24X7 News
Published: 2026-10-28T14:08:06.386Z
Updated: 2026-10-28T14:08:06.386Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/dana-third-quarter-results-outlook-october-28-2026

Dana raised its annual sales forecast on October 28 as stronger commercial-vehicle demand helped increase quarterly revenue and adjusted profit, according to the automotive supplier's results release.

Sales for the quarter ended September 30 reached $2.04 billion, compared with $1.92 billion a year earlier. Dana also cited backlog conversion and commercial and cost-recovery actions.

Net income attributable to the parent company fell to $15 million from $83 million. Continuing operations posted a $10 million loss, compared with a $13 million profit, as debt-extinguishment and tax charges weighed on results.

Adjusted earnings before interest, taxes, depreciation and amortization rose to $218 million from $162 million. The corresponding margin increased to 10.7% from 8.5%.

Dana raised its annual sales outlook by about $50 million, to $7.75 billion–$7.85 billion. It maintained its adjusted earnings forecast.

The company repurchased $200 million of shares during the quarter and plans about $100 million more in the fourth quarter. Operating cash flow declined to $102 million from $111 million.

Adjusted measures exclude specified items and supplement standard accounting results. Forecasts and planned repurchases remain forward-looking.

Sources: Dana third-quarter results release.

## Sources
- Dana Third-Quarter 2026 Results: https://www.prnewswire.com/news-releases/dana-incorporated-reports-strong-third-quarter-results-eaton-mobility-transaction-on-track-increases-share-repurchases-302921377.html