Dana Incorporated (DAN) reported third-quarter 2026 sales of $2.038 billion, versus $1.917 billion in third-quarter 2025, and adjusted EBITDA of $218 million versus $162 million; adjusted EBITDA margin was 10.7%, compared with 8.5%. Net loss from continuing operations was $10 million, versus $13 million of income. Adjusted net income was $44 million, compared with an adjusted net loss of $5 million. Operating cash flow was $102 million versus $111 million, and adjusted free cash flow was $66 million versus $101 million.
Dana repurchased approximately 6.6 million shares for $200 million during the quarter, bringing year-to-date repurchases to $369 million, and expects another $100 million of repurchases in Q4 2026. It raised 2026 sales guidance by approximately $50 million to $7.75 billion to $7.85 billion; adjusted EBITDA guidance remains $800 million to $850 million, diluted adjusted EPS $1.75 to $2.25, and adjusted free cash flow $275 million to $375 million.
The proposed Eaton Mobility transaction remains on track for closing around the end of Q1 2027, with one regulatory approval pending. Dana expects at least $250 million in run-rate cost synergies within 24 months after closing.
DANA Inc (DAN) reported that executive Brian Keith Pour, SVP & President Commercial Vehicle Drive, received an award of 275 Dividend Equivalent Rights on August 28, 2026. These rights are tied to previously granted restricted stock units and are economically equivalent to Dana common shares, bringing his directly held dividend equivalent rights to 4,545. The grant carried no cash exercise price and no Rule 10b5-1 trading plan was affirmed for this transaction.
DANA Inc (DAN) director Diarmuid B. O’Connell reported an acquisition of 21 Dividend Equivalent Rights on August 28, 2026, related to previously granted restricted stock units. Each right is the economic equivalent of one share of Dana common stock, bringing his directly held Dividend Equivalent Rights to 60.
DANA Inc (DAN) director Hanna Olivia Nelligan reported an acquisition of derivative-based compensation linked to the company’s common stock. On August 28, 2026, she received 21 dividend equivalent rights, bringing her directly held dividend equivalent rights balance to 60. Each right is economically equivalent to one share of Dana common stock and accrues on previously granted restricted stock units, becoming exercisable proportionately with those units. No Rule 10b5-1 trading plan is reported for this transaction.
DANA Inc (symbol: DAN) is the issuer of record for a Form 4 filing submitted to the SEC.
DANA Inc (symbol: DAN) is the issuer of record for a Form 4 filing submitted to the SEC.
DANA Inc (symbol: DAN) is the issuer of record for a Form 4 filing submitted to the SEC.
DANA Inc (DAN) director Nora E. LaFreniere reported an acquisition of 21 dividend equivalent rights on August 28, 2026. These derivative awards are tied to previously granted restricted stock units and are economically equivalent to shares of Dana common stock, bringing her directly held dividend equivalent rights to 60.
DANA Inc (symbol: DAN) is the issuer of record for a Form 4 filing submitted to the SEC.
DANA Inc (symbol: DAN) is the issuer of record for a Form 4 filing submitted to the SEC.