Dana posts operating income (+375%) but net loss of -$5.0M on higher below-the-line costs

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 11, 2025 · ~2 min read

Key Changes

• high

  Operating income surged 375% to $76M on 330bp gross margin expansion, but net income swung to a $5M loss (from $27M profit) as below-the-line costs more than offset the operational gain—interest expense fell $40M YoY, so the driver is undisclosed.

  MD&A: Operating Results verify on EDGAR →
• high

  Announced Reverse Morris Trust acquisition of Eaton's Vehicle and eMobility segments; former Eaton holders will own ≥50.1% of the combined entity, with Eaton receiving ~$1.1B cash. Transaction expected to close Q1 2027, subject to Dana shareholder approval.

  Notes: Eaton Mobility Acquisition verify on EDGAR →
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  Off-Highway divestiture closed Jan 2026 for $2.6B. Board doubled buyback authorization to $2B through 2030.

  MD&A: Off-Highway Divestiture & Capital Allocation verify on EDGAR →