Adient plc (NYSE:ADNT) issued an 8-K press release on November 4, 2026, reporting its fourth quarter and full fiscal year 2026 financial results and providing an initial FY 2027 outlook.

Key Highlights

  • Q4 GAAP net loss: ($47M), or ($0.62) per diluted share, according to the filing.
  • Q4 Adjusted net income: $40M, or $0.52 per diluted share on an adjusted basis.
  • Q4 Adjusted EBITDA: $229M, with an Adjusted EBITDA margin of 6.1%.
  • Full-year FY 2026 free cash flow: $222M generated; $100M returned to shareholders via share repurchases, representing approximately 6% of shares outstanding at the beginning of the fiscal year.
  • Q4 share repurchases: $45M, retiring approximately 2.3M additional shares during the quarter.
  • Debt activity: $35M in notes paid down; 7% senior secured notes refinanced through a $500M add-on to its Term Loan B.
  • Balance sheet at September 30, 2026: Gross debt of approximately $2.4B, net debt of approximately $1.5B, and cash and cash equivalents of $886M.

Adient Reports Q4 FY2026 Results and Outlines FY2027 Expectations

According to the filing, Adient recorded a Q4 GAAP net loss of ($47M), or ($0.62) per diluted share. On an adjusted basis, the company reported net income of $40M, or $0.52 per diluted share, with Adjusted EBITDA of $229M and an Adjusted EBITDA margin of 6.1%. The company noted that full-year FY 2026 free cash flow totaled $222M.

The filing disclosed that during the fourth quarter, Adient repurchased $45M of its own shares, retiring approximately 2.3M shares in the process. For the full fiscal year, the company returned $100M to shareholders through share repurchases, which the filing stated represented approximately 6% of shares outstanding at the beginning of the fiscal year. On the debt side, the company paid down $35M of notes and refinanced its 7% senior secured notes by executing a $500M add-on to its Term Loan B. As of September 30, 2026, gross debt stood at approximately $2.4B and net debt at approximately $1.5B, with cash and cash equivalents of $886M.

Looking ahead, the filing stated that Adient expects "positive business performance" to drive "modest Adj.-EBITDA improvement and margin expansion despite slightly lower revenue" in FY 2027. The company cautioned that these are forward-looking statements subject to numerous risks and uncertainties, as described in its cautionary language. Adient's president and CEO Jerome Dorlack and CFO Mark Oswald hosted a conference call on November 4, 2026, at 8:30 a.m. Eastern to discuss the results.

What Was Disclosed

Adient disclosed Q4 and full fiscal year 2026 financial results, including a Q4 GAAP net loss of ($47M), full-year free cash flow of $222M, $100M in share repurchases, a $500M Term Loan B add-on refinancing, and an initial FY 2027 outlook calling for modest adjusted EBITDA improvement.