ADNT

EX-99.1

2 a11042026adientform8-kex991.htm

EX-99.1

Document

Exhibit 99.1

Appendix

Page 1

Adient plc

Condensed Consolidated Statements of Income (Loss)

(Unaudited)

Three Months Ended September 30,Twelve Months Ended September 30,

(in millions, except per share data)2026202520262025

Net sales$3,730 $3,688 $15,168 $14,535

Cost of sales3,481 3,441 14,210 13,574

Gross profit249 247 958 961

Selling, general and administrative expenses151 124 555 522

Restructuring and impairment costs74 11 108 392

Equity income 20 8 80 68

Earnings before interest and income taxes44 120 375 115

Net financing charges62 49 206 193

Other pension expense (income)(16)7 (11)10

Income (loss) before income taxes(2)64 180 (88)

Income tax expense18 26 115 103

Net income (loss)(20)38 65 (191)

Income attributable to noncontrolling interests27 20 82 90

Net income (loss) attributable to Adient$(47)$18 $(17)$(281)

Diluted earnings (loss) per share$(0.62)$0.22 $(0.22)$(3.39)

Shares outstanding at period end74.8 79.2 74.8 79.2

Diluted weighted average shares76.1 81.3 77.8 83.0

Appendix

Page 2

Adient plc

Condensed Consolidated Statements of Financial Position

(Unaudited)

September 30,

(in millions)20262025

Assets

Cash and cash equivalents$886 $958

Accounts receivable - net

1,975 1,873

Inventories690 695

Other current assets495 607

Current assets4,046 4,133

Property, plant and equipment - net1,401 1,409

Goodwill1,808 1,807

Other intangible assets - net290 319

Investments in partially-owned affiliates267 276

Assets held for sale20 9

Other noncurrent assets986 1,001

Total assets$8,818 $8,954

Liabilities and Shareholders' Equity

Short-term debt$14 $11

Accounts payable and accrued expenses3,058 2,942

Other current liabilities656 734

Current liabilities3,728 3,687

Long-term debt2,338 2,386

Other noncurrent liabilities737 723

Redeemable noncontrolling interests88 95

Shareholders' equity attributable to Adient1,634 1,766

Noncontrolling interests293 297

Total liabilities and shareholders' equity$8,818 $8,954

Appendix

Page 3

Adient plc

Condensed Consolidated Statements of Cash Flows

(Unaudited)

Three Months Ended September 30,Twelve Months Ended September 30,

(in millions)2026202520262025

Operating Activities

Net income (loss) attributable to Adient$(47)$18 $(17)$(281)

Income attributable to noncontrolling interests27 20 82 90

Net income (loss)(20)38 65 (191)

Adjustments to reconcile net income (loss) to cash provided (used) by operating activities:

Depreciation75 72 286 279

Amortization of intangibles12 11 47 46

Pension and postretirement benefit expense (income)(9)9 1 16

Pension and postretirement contributions, net(2)(3)(18)(18)

Equity in earnings of partially-owned affiliates, net of dividends received11 20 29 36

Gain on sale / impairment of nonconsolidated partially owned affiliate— — — (4)

Premium paid on repurchase of debt10 — 10 —

Deferred income taxes2 (29)(14)(28)

Non-cash impairment charge— (2)— 341

Equity-based compensation8 12 34 32

Other4 (12)7 (15)

Changes in assets and liabilities:

Receivables(85)(49)(140)31

Inventories37 31 (4)75

Other assets143 16 180 (121)

Accounts payable and accrued liabilities(13)65 47 (69)

Accrued income taxes(6)34 3 39

Cash provided by operating activities167 213 533 449

Investing Activities

Capital expenditures(106)(79)(311)(245)

Sale of property, plant and equipment— 18 8 34

Settlement of derivatives— — 3 —

Acquisition of businesses, net of cash acquired(7)— (11)—

Business divestitures— — — 27

Changes in long-term investments— — (6)(3)

Other— 2 (1)1

Cash used by investing activities(113)(59)(318)(186)

Financing Activities

Drawdown of ABL revolver and other bank borrowings— 2 153 2

Repayment of ABL revolver and other bank borrowings— — (155)(1)

Issuance of long-term debt500 — 500 795

Repayment of long-term debt, including premium paid(549)(2)(556)(803)

Debt financing costs(5)— (12)(13)

Share repurchases(45)(50)(100)(125)

Cash paid to acquire a noncontrolling interest— — — (28)

Dividends paid to noncontrolling interests(5)(4)(92)(90)

Other— (1)(5)(4)

Cash used by financing activities(104)(55)(267)(267)

Effect of exchange rate changes on cash and cash equivalents12 (1)(20)17

Increase (decrease) in cash and cash equivalents$(38)$98 $(72)$13

Appendix

Page 4

Footnotes

1. Segment Results

Adient manages its business on a geographic basis and operates in the following three reportable segments for financial reporting purposes: 1) Americas, which is inclusive of North America and South America; 2) Europe, the Middle East and Africa ("EMEA") and 3) Asia Pacific/China ("Asia").

Adient evaluates the performance of its reportable segments using an adjusted EBITDA metric defined as income (loss) before income taxes and noncontrolling interests, excluding net financing charges, restructuring and impairment costs, restructuring related-costs, net mark-to-market adjustments on pension and postretirement plans, transaction

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