Adient stock slumps after flagging lower production for next year; posts Q3 profit miss

[Back seat interior of a luxury car]
lzf/iStock via Getty Images

Shares of car seat maker Adient (ADNT [https://seekingalpha.com/symbol/ADNT]) were deep in red on Wednesday after the company missed expectations for profit in the fourth quarter and warned about lower production volumes in its fiscal year 2026.

ADNT stock fell as much as 17.3% in early open market trading before paring some losses.

For next year, sales are expected to be about $14.4B, below the Bloomberg consensus estimate of $14.43B, and capital expenditure about $300M vs. the $280.1M estimate.

"Looking ahead to FY26, improved business performance is expected to be offset by lower customer production volumes and increased growth investments," Adient said in a statement.

The company said it will "aggressively manage" factors like volume declines in North America, Europe, and Asia; F-150 downtime; tariff policy changes; and potential chip shortages, among other things, in FY26, which are expected to impact its operations.

In Q4, adjusted EBITDA was $226M, which translated to a margin of 6.1%.

Net income for the quarter fell to $18M, or $0.22 per share, compared to $79M, or $0.91 per share, in the same period last year.

On an adjusted basis, the company earned 52 cents, missing the average analyst estimate by 5 cents.

Revenue rose 3.5% to $3.69B and managed to beat estimates.

MORE ON ADIENT

* Adient: Consolidation Now Likely Due To Volume & Tariff-Led Concerns [https://seekingalpha.com/article/4828534-adient-consolidation-now-likely-due-to-volume-and-tariff-led-concerns]
* Adient reports mixed Q4 results; updates FY outlook [https://seekingalpha.com/news/4515538-adient-reports-mixed-q4-results-updates-fy-outlook]
* Adient Q4 2025 Earnings Preview [https://seekingalpha.com/news/4514716-adient-q4-2025-earnings-preview]
* Seeking Alpha’s Quant Rating on Adient [https://seekingalpha.com/symbol/ADNT/ratings/quant-ratings]
* Historical earnings data for Adient [https://seekingalpha.com/symbol/ADNT/earnings]