Nexteer record first-half 2026 results
Analysis based on 6 articles · First reported Jul 20, 2026 · Last updated Aug 12, 2026
Nexteer's record results and strong bookings signal robust demand for its motion control technologies, likely boosting investor confidence and supporting its stock price. The company's growth in China and expansion into new markets like Thailand and Europe positions it well for future revenue growth, positively impacting the automotive supply chain.
Nexteer Automotive announced record first-half 2026 results on August 12, 2026. Revenue reached US$2.3 billion, up 4% year-over-year, with adjusted EBITDA of US$263 million (11.3% margin) and net profit of US$86 million, a 35% increase. The company secured US$3.3 billion in new bookings, with 43% from new or conquest business, including US$1.0 billion from China domestic OEMs. Nexteer launched 28 new customer programs, including its first Steer-by-Wire production launches in China and Mexico and its first High-Output Column EPS in China. The company also opened a new manufacturing facility in Rayong, Thailand, expanded its Changshu test track in China, and advanced its Electro-Mechanical Braking technology. Nexteer was named a finalist for the 2026 Automotive News PACE Pilot Award for its High Mount Direct Drive Steer-by-Wire Handwheel Actuator.
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