Every 10-Q that Dana Inc (DAN) 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 DAN 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 DAN filings page.
Dana Incorporated reported Q2 2026 net sales of $2,010 million, up from $1,935 million, generating earnings from continuing operations before taxes of $59 million and net income from continuing operations of $11 million. Q2 net income attributable to the parent was a small loss of $5 million, driven by a $11 million loss from discontinued operations.
For the first six months of 2026, net sales were $3,878 million and continuing operations posted a modest loss of $4 million. Discontinued operations, primarily the sale of the Off-Highway business, contributed $1,095 million of net income, leading to net income attributable to the parent of $1,082 million and basic EPS of $9.93.
Dana received gross cash proceeds of $2,664 million from the Off-Highway sale and used this and other cash flows to reduce short-term debt to $0 and long-term debt (including current portion) to $1,344 million, while total assets were $6,113 million and total equity $1,983 million at June 30, 2026. The company repurchased 5.7 million shares for $169 million year-to-date and paid quarterly dividends of $0.12 per share.
Dana is pursuing a Reverse Morris Trust transaction to combine with Eaton’s Vehicle and eMobility businesses; former Eaton shareholders are expected to own at least 50.1% of the new parent, with Dana shareholders owning no more than 49.9%. To support this, Dana and an Eaton subsidiary arranged a $2,600 million bridge facility plus committed term loan and revolving credit facilities. 2026 results also include $59 million in electric vehicle program termination charges, $20 million of strategic transaction expenses, and ongoing restructuring costs focused on facility consolidation and approximately 200 planned headcount reductions.
Dana Incorporated reported first-quarter 2026 results reflecting a major portfolio shift after selling its Off-Highway business. Net sales from continuing operations were $1,868 million, up from $1,781 million a year earlier, driven by both Light Vehicle and Commercial Vehicle growth.
Continuing operations posted a small loss, with a loss from continuing operations before income taxes of $4 million compared with a $29 million loss in 2025. After-tax results were dominated by discontinued operations: the Off-Highway sale generated net income from discontinued operations of $1,106 million, producing net income attributable to the parent of $1,087 million, or $9.89 diluted EPS, versus $0.17 in 2025.
Dana received $2,664 million in gross cash proceeds from the Off-Highway divestiture and used them to repay short-term and long-term debt, reducing total debt on the balance sheet from $3,211 million (short-term plus long-term at December 31, 2025) to $1,260 million at March 31, 2026, while cash and cash equivalents rose to $477 million4.4 million shares for $125 million in the quarter under an expanded $2,000 million authorization running through 2030.
Segment EBITDA improved notably: Light Vehicle EBITDA increased to $112 million from $68 million and Commercial Vehicle EBITDA increased to $63 million from $41 million. However, results included $56 million in electric-vehicle program termination charges and a $7 million loss on extinguishment of debt as Dana exited or resized certain programs and redeemed notes. Total assets declined to $6,078 million from $7,808 million mainly due to removing Off-Highway assets, while total equity more than doubled to $2,014 million, strengthening the capital structure.
Dana Incorporated reported third-quarter 2025 results and highlighted progress on its planned divestiture. From continuing operations, net sales were $1,917 million versus $1,897 million a year ago, with earnings before interest and taxes of $53 million compared with a loss of $8 million last year. Net income from continuing operations was $13 million, while total company net income was $87 million aided by discontinued operations.
The company entered a definitive agreement to sell its Off-Highway business to Allison Transmission for $2,732 million, expected to close in Q4 2025, subject to regulatory approvals and customary conditions. Discontinued operations delivered net income of $74 million in the quarter.
Dana continued capital returns: it repurchased 14.3 million shares from the Icahn Group for $251 million and bought back 9.5 million shares in open market transactions for $187 million in Q3. Shares outstanding were 116,837,366 as of October 24, 2025. Liquidity updates included a new $250 million Term A Facility and $375 million drawn on the revolver with $765 million availability at quarter-end. The Board paid a quarterly dividend of $0.10 per share.
Dana Incorporated (DAN) reported mixed results for the quarter ended June 30, 2025, with consolidated net sales of $1,935 million and net income attributable to the parent of $27 million for the quarter and $52 million year-to-date. The company recorded a loss from continuing operations of $12 million for the quarter and $29 million year-to-date, while discontinued operations (Off-Highway) generated $43 million in Q2 and $90 million year-to-date, reflecting an agreed sale of the Off-Highway business to Allison for $2,732 million expected to close in Q4 2025. Dana held $486 million of cash and reported and at June 30, 2025. The board approved a $1,000 million repurchase/special dividend program; $257 million was spent in June 2025, leaving approximately $743 million available. The company remains in compliance with debt covenants and is executing restructuring actions including planned reductions of ~700 employees.