Every 10-Q that American Axle & Manufacturing Holdings, Inc. (AXL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AXL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AXL filings page.
Dauch Corporation reported a sharp swing to a net loss while completing a transformative acquisition in the quarter ended March 31, 2026. Net sales rose to $2,378.9 million, up 68.6% from $1,411.3 million, largely driven by the acquisition of Dowlais Group plc, which added about $972 million of sales.
The company posted a net loss of $100.0 million, versus net income of $7.1 million a year earlier, as results absorbed $98.9 million of restructuring and acquisition-related costs and a $38 million inventory fair-value step-up. Operating cash flow turned to an outflow of $64.4 million from an inflow of $55.9 million.
Total assets increased to $11.27 billion from $6.67 billion, with goodwill rising to $648.8 million after recording $475.0 million from the Dowlais transaction. Long-term debt grew to $5.25 billion, supported by 6.375% and 7.75% notes and a new Tranche C term facility, while stockholders’ equity more than doubled to $1.50 billion.
American Axle & Manufacturing (AXL) reported Q3 2025 results with net sales of $1,505.3 million, essentially flat year over year, and gross profit of $189.0 million versus $171.3 million a year ago. Operating income rose to $48.4 million. After interest expense of $42.7 million and a non‑cash loss on a Business Combination Derivative, net income was $9.2 million (diluted EPS $0.07).
For the first nine months, sales were $4,452.8 million and net income was $55.6 million (EPS $0.45). Cash and equivalents increased to $714.1 million, stockholders’ equity improved to $718.4 million, and the company had $897.1 million available under its revolver. AXL completed the sale of its India commercial vehicle axle business for total cash proceeds of $64.4 million and exited two Chinese joint ventures for $30.1 million. The pending acquisition of Dowlais Group plc remains on track for an expected close in the first quarter of 2026, with consideration of 0.0881 AXL shares plus 43 pence per Dowlais share. To support the transaction and optimize its debt stack, AXL issued $850 million 6.375% senior secured notes due 2032 and $1,250 million 7.75% senior unsecured notes due 2033 and redeemed certain outstanding notes.
American Axle & Manufacturing Holdings, Inc. (AXL) — Quarterly highlights for the three and six months ended June 30, 2025.
Net sales were $1,536.2 million for Q2 2025 and $2,947.5 million for the six months, versus $1,632.3 million and $3,239.2 million in the prior-year periods. Gross profit was $200.7 million (Q2) and $374.6 million (six months). Operating income declined to $55.0 million (Q2) and $97.7 million (six months). Net income was $39.3 million for Q2 and $46.4 million year-to-date; diluted EPS $0.32 (Q2) and $0.38 (six months).
The Q2 net income was materially affected by a non-designated foreign currency forward gain ("Gain on Business Combination Derivative") of $46.3 million ($68.2 million YTD). Cash and equivalents totaled $586.5 million at June 30, 2025, available revolver capacity was $897.1 million, and total debt was $2,656.1 million with a weighted-average interest rate of 6.7%. Shareholders' equity increased to $673.0 million from $562.8 million at year-end 2024. Key corporate actions: announced and shareholder-approved Business Combination with Dowlais Group plc (expected close Q4 2025) and disposal of the India commercial axle business for approximately $65.0 million (closing collections ~ $58.0 million).