“Our strong second-quarter results reflect solid operating performance, disciplined execution, and further progress against our strategic priorities. Supported by record second-quarter adjusted EPS, strong free cash flow, and confidence in our business and global team, we are raising our 2026 outlook. As we look ahead, we remain focused on delivering profitable growth, expanding margins, generating cash, and returning capital to shareholders, while remaining agile in a dynamic global environment,” said Swamy Kotagiri, Chief Executive Officer.

Magna Q2 2026 Results at a Glance

• Magna posted sales of $11.0 billion for the second quarter of 2026, an increase of 3% over the second quarter of 2025. The higher sales largely reflects the launch of new programs during or subsequent to the second quarter of 2025, including complete vehicle programs with value-added contractual arrangements; and the net strengthening of foreign currencies against the U.S. dollar, which increased reported U.S. dollar sales by $172 million.

These factors were partially offset by: the end of production of certain programs.
• Lower light vehicle production in North America, Europe and China.
• Lower Magna engineering revenue, primarily in our Complete Vehicles segment; and
• Net customer price concessions as compared to the prior year.