Core Insights - Visteon reported full-year 2025 net sales of $3,768 million, showing growth in digital cockpit electronics but facing challenges from lower battery management system volumes and reduced customer recoveries [1] - The company achieved a gross margin of $532 million and a net income of $201 million, or $7.28 per diluted share, reflecting a decline from the previous year due to changes in valuation allowance assessment [2] - Adjusted EBITDA reached a record $492 million, representing a margin of 13.1%, attributed to strong operational performance and cost discipline [3] Product Launches - Visteon launched 86 new products across 19 OEM customers in 2025, with a balanced regional distribution among the Americas, Europe, and Asia [4] - Key fourth quarter launches included systems for Mahindra, Zeekr, Toyota, Tata, Ford, and Mazda, showcasing a diverse product portfolio [5] Future Outlook - For 2026, Visteon anticipates sales between $3.625 billion and $3.825 billion, with adjusted EBITDA projected between $455 million and $495 million, and adjusted free cash flow expected to be between $170 million and $210 million [6] - The company aims to position itself for growth by scaling next-generation cockpit platforms and expanding into adjacent markets [7]

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Financial Performance - In 2025, the company reported net sales of $3,768 million, a decrease of $98 million or 3% year-over-year, with adjusted EBITDA reaching a record $492 million, representing 13.1% of sales, the highest in the company's history [3][4][27] - Adjusted free cash flow for the year was strong at $292 million, reflecting continued strength in the underlying earnings profile [30] - The company maintained a strong net cash position of $472 million at the end of the fourth quarter [27] Business Line Performance - Displays were a standout product line, with sales growing approximately 20% year-over-year, while battery management systems (BMS) faced headwinds due to softer EV demand in the U.S. [3][4] - Nearly 50% of new business wins in 2025 were for displays, indicating a strong market position in this segment [9] - The company secured significant OLED display wins with luxury OEMs, establishing leadership in this segment [9] Market Performance - Sales in the Americas were impacted by lower customer vehicle production and a steep drop in EV production at GM and Stellantis, resulting in an 8% headwind to sales [11] - Europe showed strong performance with an 11% growth over market, driven by new product launches with Audi, Ford, and Renault [12] - Sales in China declined year-over-year due to market share losses among global OEMs, but there was sequential sales growth in Q4 supported by new product launches [13] Strategic Direction - The company is diversifying its customer base by expanding its presence with specification automakers, securing $500 million of new business with Toyota [5][6] - There is a focus on software-defined vehicles and adjacent markets, with nearly 15% of new business wins coming from two-wheeler and commercial vehicle manufacturers [7] - The company is increasing vertical integration in manufacturing to simplify the supply chain and capture incremental value [8] Management Commentary - Management acknowledged challenges in the operating environment, particularly in the U.S. EV market and ongoing shifts in China [3][4] - The outlook for 2026 anticipates sales in the range of $3.65 billion to $3.85 billion, with headwinds from lower BMS volumes and discontinued Ford models [19][20] - Management expressed confidence in the company's ability to navigate market volatility and drive growth through strategic initiatives [14] Other Important Information - The company deployed approximately $275 million of capital in 2025, including investments in vertical integration and shareholder returns [31] - S&P upgraded the company to BA1, reflecting expanded margins and strong free cash flow generation [32] - The company plans to increase its quarterly dividend by 36% to $0.375 per share, reflecting confidence in cash flow durability [40] Q&A Session Summary Question: Can you elaborate on DRAM exposure and its impact on guidance? - Management indicated that memory chips are used in virtually all products, with an anticipated increase in memory costs representing about 2% of sales [43][49] Question: What is the revenue weighting for the first half versus the second half of 2026? - Management expects the second half of 2026 to be better than the first half due to backloaded launches, particularly with Toyota [51] Question: What is the M&A pipeline looking like? - The company is considering small, bolt-on acquisitions that enhance technology capabilities and are margin accretive from day one [65][66]

Financial Data and Key Metrics Changes - Net sales for 2025 were $3.768 billion, a decrease of $98 million or 3% year-over-year, with customer production down 1% and pricing representing a 4% headwind [27][28] - Adjusted EBITDA reached $492 million, or 13.1% of sales, marking the highest level in the company's history [4][24] - Adjusted free cash flow for the year was $292 million, reflecting strong underlying earnings [30] Business Line Data and Key Metrics Changes - Displays were a standout product line, with sales growing approximately 20% year-over-year, driven by strong customer demand for larger and advanced displays [3][9] - Battery management systems (BMS) faced headwinds due to softer EV demand in the U.S. and impacted overall growth by about 7 percentage points [3][19] - Nearly 50% of new business wins in 2025 were for displays, indicating a strong position in this segment [9][17] Market Data and Key Metrics Changes - Sales in the Americas were impacted by lower customer vehicle production and a steep drop in EV production at GM and Stellantis, resulting in an 8% headwind to sales [11][12] - Europe showed strong performance with an 11% growth over market, driven by new product launches and the ramp-up of engineering services [12][14] - Sales in China declined year-over-year due to market share losses among global OEMs, although there was sequential growth in Q4 supported by new product launches [13][19] Company Strategy and Development Direction - The company is diversifying its customer base by expanding its presence with specification automakers, securing $500 million of new business with Toyota [5][6] - Strategic initiatives include increasing vertical integration in manufacturing and investing in technology development, particularly in AI and software-defined vehicles [8][10] - The company aims to leverage emerging trends in advanced displays and AI technology to drive future growth [9][10] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the operating environment, including lower EV production and market dynamics in China, but expressed confidence in the company's strategic initiatives for future growth [19][20] - For 2026, the company expects sales in the range of $3.625 billion to $3.825 billion, with anticipated headwinds from BMS and discontinued vehicle models at Ford [32][33] - Management highlighted the potential for growth in 2027 as headwinds subside and new product launches ramp up [55] Other Important Information - The company returned capital to shareholders through $50 million in share repurchases and initiated a quarterly dividend of $0.375 per share, reflecting confidence in cash flow durability [27][40] - S&P upgraded the company to BA1, citing expanded margins and strong free cash flow generation [32] Q&A Session Summary Question: Can you elaborate on DRAM exposure and its impact on guidance? - Management indicated that memory chips are used in virtually all products, with an anticipated increase in memory costs representing about 2% of sales [44][49] Question: What is the revenue weighting for the first half versus the second half of 2026? - Management expects the second half of 2026 to be better than the first half due to backloaded launches, with Q1 anticipated to be the lowest quarter of the year [51][52] Question: What is the M&A pipeline looking like? - Management mentioned a pipeline that could be up to twice the amount of capital expenditures for 2026, focusing on small, bolt-on acquisitions that enhance technology capabilities [65][66]

Financial Data and Key Metrics Changes - Net sales for 2025 were $3,768 million, a decrease of $98 million or 3% year-over-year, with customer production down 1% and pricing representing a 4% headwind [29][30] - Adjusted EBITDA reached a record $492 million, or 13.1% of sales, marking the highest level in the company's history [4] - Adjusted free cash flow for the year was $292 million, reflecting strong underlying earnings [32] Business Line Data and Key Metrics Changes - Displays were a standout product line, with sales growing approximately 20% year-over-year, driven by strong customer demand for larger and advanced displays [3] - Battery management systems (BMS) faced headwinds due to softer EV demand in the U.S. and impacted overall growth by about 7 percentage points [3] - Nearly 50% of new business wins in 2025 were for displays, surpassing previous records and positioning the product for sustainable revenue growth [9] Market Data and Key Metrics Changes - In the Americas, sales were impacted by lower customer vehicle production and a significant drop in EV production at GM and Stellantis, resulting in an 8% headwind to sales [11] - Europe showed strong performance with an 11% growth over market, driven by new product launches with Audi, Ford, and Renault [12] - Sales in China declined year-over-year due to market share losses among global OEMs, but there was sequential sales growth in Q4 supported by new product launches [13] Company Strategy and Development Direction - The company is diversifying its customer base by expanding its presence with specification automakers, securing $500 million of new business with Toyota [5] - Strategic initiatives include increasing vertical integration in manufacturing to simplify the supply chain and capture incremental value [7] - The focus remains on investing in technology development and aligning closely with market trends, particularly in software-defined vehicles and AI [8] Management's Comments on Operating Environment and Future Outlook - Management expects sales for 2026 to be in the range of $3.65 billion to $3.85 billion, with headwinds from lower BMS volume and discontinued Ford vehicle models [20][21] - Despite anticipated challenges, management is optimistic about new product launches and strategic initiatives contributing to growth in 2026 and beyond [22][23] - The company is addressing supply chain challenges, particularly in memory chips, and is working closely with suppliers to mitigate gaps [24] Other Important Information - The company returned capital to shareholders through $50 million in share repurchases and $7 million in dividends [28] - S&P upgraded the company to BA1, reflecting expanded margins and strong free cash flow generation [34] - The company plans to increase its quarterly dividend by 36% to $0.375 per share, reflecting confidence in cash flow durability [42] Q&A Session Summary Question: Can you elaborate on DRAM exposure and its impact on guidance? - Management indicated that memory chips are used in virtually all products, with an anticipated increase in memory costs representing about 2% of sales [48][52] Question: What is the revenue weighting for the first half versus the second half of 2026? - Management expects the second half of 2026 to be slightly better than the first half due to backloaded product launches, particularly with Toyota [55][56] Question: Can you provide details on the M&A pipeline? - The company is looking at small, bolt-on acquisitions that enhance technology capabilities and are margin accretive from day one [71][74]

分组1 - Visteon reported quarterly earnings of $2.96 per share, exceeding the Zacks Consensus Estimate of $2.08 per share, but down from $4.44 per share a year ago, representing an earnings surprise of +42.36% [1] - The company achieved revenues of $948 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.87% and showing an increase from $939 million year-over-year [2] - Visteon has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] 分组2 - The stock has gained approximately 11.6% since the beginning of the year, outperforming the S&P 500, which gained 0.5% [3] - The current consensus EPS estimate for the upcoming quarter is $2.26, with expected revenues of $938.01 million, while for the current fiscal year, the EPS estimate is $9.63 on revenues of $3.88 billion [7] - The Zacks Industry Rank indicates that the Automotive - Original Equipment sector is currently in the bottom 45% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]

Visteon Q4 & Full-Year 2025 Earnings February 19, 2026 Cost Leadership and Capital Allocation Full-Year 2025 in Review Strong performance despite various industry challenges $3,768 Million Net Sales $492 Million Adjusted EBITDA $292 Million Adjusted FCF +2% Growth-over-Market* 13.1% Margin $472 Million Net Cash DELIVERED ON CAPITAL ALLOCATION PRIORITIES STRONG MARGIN EXPANSION AND CASH GENERATION Record adjusted EBITDA and margin RECORD LEVEL OF NEW BUSINESS WINS $7.4 billion of new business wins Global GoM ...

Financial Performance - Visteon reported net sales of $3,768 million for the year ended December 31, 2025, a decrease of 3% year-over-year from $3,866 million in 2024[138]. - The company's net income attributable to Visteon was $201 million in 2025, down from $296 million in 2024, primarily due to a higher income tax provision[140]. - Adjusted EBITDA for 2025 was $492 million, reflecting an increase of 4% from $474 million in 2024, demonstrating effective cost management[143]. - The Company reported a net income attributable to Visteon Corporation of $296 million for the year ended December 31, 2024, a decrease of $272 million compared to $568 million in 2023[161]. - Adjusted EBITDA for the year ended December 31, 2024, was $474 million, representing an increase of $40 million from $434 million in 2023[164]. - The Company's net sales for 2024 were $3.866 billion, down $88 million from $3.954 billion in 2023[161]. - The gross margin increased to $531 million in 2024, up $44 million from $487 million in 2023[161]. Business Development - Visteon secured $7.4 billion in new business awards in 2025, including $3.6 billion in new display wins across 17 OEM customers[139]. Shareholder Returns - The company maintained a strong balance sheet, returning approximately $70 million to shareholders through share repurchases and dividends in 2025[140]. - The Company repurchased 555,997 shares at an average price of $101.70, totaling $57 million during 2025[170]. - The Company authorized a share repurchase program of $300 million, with $74 million remaining as of December 31, 2025, after repurchasing 555,997 shares at an average price of $101.70 totaling $57 million[174]. Cash Flow and Investments - Visteon generated strong cash flow from operations in 2025, reflecting disciplined working capital management and capital efficiency[140]. - The Company had total cash and equivalents of $773 million as of December 31, 2025, including $2 million of restricted cash[168]. - Cash contributions to the Company's defined benefit plans were $17 million for U.S. plans and $7 million for non-U.S. plans during 2025[171]. - The Company has committed to invest $20 million in multiple entities focused on the automotive sector, with $15 million contributed as of December 31, 2025[173]. - The Company generated $410 million in cash from operating activities in 2025, a decrease from $427 million in 2024, primarily due to higher cash tax payments of $25 million and increased incentive compensation of $13 million[179]. - Net cash used by investing activities was $181 million in 2025, down from $189 million in 2024, attributed to decreased capital expenditures and lower business acquisitions[180]. - Net cash used by financing activities increased to $116 million in 2025 from $100 million in 2024, mainly due to $15 million paid in dividends[181]. Tax and Liabilities - The Company had unrecognized tax benefits expected to result in a cash outlay of $23 million as of December 31, 2025, with potential payments to the India Tax Authority ranging from $10 to $15 million by the end of 2026[177]. - The Company has approximately $50 million in unfunded net pension liabilities as of December 31, 2025, with $38 million attributable to U.S. plans and $12 million to non-U.S. plans[194]. - The expected long-term rate of return for U.S. pension assets is 7.06% for 2025, while non-U.S. plans range from 2.00% to 10.60%[196]. Accounting and Tax Strategy - The Company changed its accounting method for assessing the realizability of U.S. deferred tax assets to the tax-law-ordering approach effective December 31, 2025, enhancing transparency regarding tax attribute utilization[203]. - The Company released a portion of its valuation allowance against U.S. deferred tax assets as of December 31, 2023, based on projected future taxable income supported by historical earnings[204]. - As of December 31, 2025, deferred tax assets not expected to be realized primarily relate to foreign tax credit carryforwards, U.S. research credit carryforwards, and state net operating loss carryforwards[205]. - Management believes it is more likely than not that the Company will realize the benefits of its deferred tax assets, net of existing valuation allowances, based on historical and projected future taxable income[206]. Market Risks - The Company is exposed to market risks including changes in currency exchange rates, interest rates, and commodity prices, managed through fixed price contracts and derivative instruments[211]. - A hypothetical 10% favorable or adverse change in quoted currency exchange rates would result in a pretax gain or loss of approximately $22 million and $20 million for foreign currency derivative financial instruments as of December 31, 2025 and 2024, respectively[214]. - The Company manages commodity price risks primarily through negotiations with suppliers and customers, with potential future use of derivatives to hedge select commodity risks[216]. - The Company does not enter into currency exchange rate contracts to mitigate the translation exposure of foreign operating income into U.S. dollars[213]. - The Company’s ability to utilize derivatives for market risk management is dependent on credit conditions, market conditions, and the prevailing economic environment[211]. Operational Challenges - The Company faces uncertainties related to trade agreements, tariffs, and supply chain disruptions, which could materially affect future results[209]. - Legal and administrative proceedings, including product liability and warranty claims, may impact the Company's financial performance[210]. - The cyclical nature of the automotive industry poses risks to the Company's operations and financial results[210].

Exhibit 99.1 NEWS RELEASE Visteon Delivers Record Gross Margin and Adjusted EBITDA in 2025 VAN BUREN TOWNSHIP, Mich., Feb. 19, 2026 — Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2025 financial results. Highlights include: Fourth Quarter Financial Results Visteon reported net sales of $948 million, reflecting solid demand for cockpit products. Sales performance was supported by continued strength in displays and clusters, particularly in Europe, partially offset by lower batt ...

17.68$ 2.88$ 20.56December 31, 2025September 30, 2025June 30, 2025March 31, 2025(In millions)BeforeChange inAccountingMethodAfterChange inAccountingMethodBeforeChange inAccountingMethodAfterChange inAccountingMethodBeforeChange inAccountingMethodAfterChange inAccountingMethodBeforeChange inAccountingMethodAfterChange inAccountingMethodCondensed Consolidated Statement of Operations:Income (loss) beforeincome taxes$ 65$ 65$ 81$ 81$ 97$ 97$ 95$ 95Benefit from (provision for) incometaxes(20)13(22)(90)(28)(22)(2 ...