Allison Transmission Holdings, Inc. reports news on high-performance mobility and work solutions for commercial, off-highway and defense applications. The company manufactures fully automatic transmissions and related drive and motion systems used across transportation, infrastructure, mining, energy, agriculture, construction and national security markets.
Recurring Allison news includes quarterly and annual earnings, demand by end market, dividend and share-repurchase actions, product integrations with commercial vehicle manufacturers, and updates tied to its Allison Transmission and Allison Off-Highway Drive & Motion Systems business units. Following the completed acquisition of Dana's Off-Highway business, company updates also address integration, segment reporting and the expanded off-highway product portfolio.
Allison Transmission Holdings (ALSN) has been named Supplier of the Year by Idealease, a commercial truck leasing and rental company. This is Allison's third recognition in eight years, following awards in 2018 and 2022. The award is determined through evaluations by Idealease's affiliate network and corporate leadership, covering customer service responsiveness, product support and relationship-building.
Allison Transmission Holdings (NYSE: ALSN) has adopted Allison as its enterprise brand following its acquisition of Dana's off-highway business earlier this year. The brand change takes effect October 23, 2026. Allison Transmission and Allison Off-Highway Drive & Motion Systems will operate under the unified Allison name.
Established acquired product brands, including Spicer, Brevini, GWB, Fairfield and Graziano, will remain under the Allison master brand. Products across both business units will continue to be developed, sold and serviced as before. Spicer is a registered trademark of Dana used under license. Allison will display its unified brand at bauma China in November, showcasing axles, transmissions and driveshafts from its combined portfolio.
Allison Transmission Holdings (ALSN) will hold its third-quarter 2026 financial results conference call on November 2, 2026. The call begins at 5:00 p.m. EST, with executives reviewing the company's financial performance for the period. Results will be released after market close that day. A live webcast and the results release will be available at ir.allisontransmission.com. A replay will be available from 9:00 p.m. EST on November 2 until 11:59 p.m. EST on November 16.
Allison Transmission Holdings (ALSN) completed a partial redemption of $100 million of its senior notes on September 30, 2026.
The redeemed notes carry a 4.750% interest rate and mature in 2027. The redemption price was 100.00% of principal, plus accrued and unpaid interest up to, but not including, the redemption date. Allison exercised its optional redemption right under the indenture governing the notes, dated September 26, 2017. Following the redemption, $300 million in aggregate principal remains outstanding.
Allison Transmission (NYSE: ALSN) announced that its Board of Directors has declared a cash dividend of $0.29 per share on its common stock for the third quarter of 2026. The dividend will be paid on August 31, 2026 to shareholders of record as of August 21, 2026. According to Allison, any future dividends will be determined at the Board’s discretion based on the company’s financial position, results, cash flow, capital needs and other relevant factors.
Allison (NYSE: ALSN) reported second quarter 2026 net sales of $1,566 million, up 92% year over year, driven by $706 million from the newly acquired Allison Off-Highway unit and record quarterly net sales of $860 million in the Allison Transmission unit.
GAAP net income was $181 million (12% margin), down from $195 million, with diluted EPS of $2.15, while adjusted diluted EPS rose 8% to $2.73. Adjusted EBITDA increased to $404 million (26% margin), up 29% year over year. Operating cash flow grew 70% to $312 million, and adjusted free cash flow rose 84% to a record $281 million. The company raised 2026 guidance to net sales of $5.8–$6.0 billion, net income of $600–$700 million, and adjusted EBITDA of $1.465–$1.575 billion, and expects the Off-Highway acquisition to be accretive to 2026 net income and EPS including one-time costs.
Allison Transmission (NYSE: ALSN) will supply its 2500 Specialty Series fully automatic transmissions for a major General Dynamics European Land Systems order covering approximately 3,000 EAGLE V armored vehicles for the German Armed Forces, with deliveries starting in 2027 via Swiss distributor Sterki AG.
The deal spans EAGLE V 4x4 command and control and 6x6 armored ambulance variants and extends a 20-year partnership in which all EAGLE models, including earlier EAGLE IV vehicles, have used Allison 2500 SP as the exclusive transmission option.
Allison Transmission (NYSE: ALSN) will hold its second quarter 2026 financial results conference call at 5:00 p.m. EDT on Monday, August 3, 2026. Executives will review financial performance, with results released post-market the same day.
Investors can join via phone at +1-877-425-9470 (US) or +1-201-389-0878 (international), or through a live webcast at ir.allisontransmission.com. A replay will be available from 9:00 p.m. EDT on August 3 until 11:59 p.m. EDT on August 17 by dialing +1-844-512-2921 (US) or +1-412-317-6671 (international) with passcode 13761420.
Goodyear Tire & Rubber (NASD: GT) will move from the S&P MidCap 400 to the S&P SmallCap 600 effective before trading on July 6, 2026. Allison Transmission will join the MidCap 400, and Stellar Bancorp will be removed from the SmallCap 600 following its acquisition by Prosperity Bancshares.
Allison (NYSE: ALSN) completed an opportunistic repricing of its $508 million term loan due March 13, 2031. The Amendment cut the interest margin by 25 basis points to 1.50% for SOFR loans or 0.50% for base rate loans, with all other key terms unchanged.
According to Allison, the lower rate is expected to reduce annual cash interest expense by about $1.3 million, supporting its focus on prudent balance sheet and capital structure management.