Allison Transmission Beats Q3 Estimates

The Indianapolis-based maker of commercial vehicle transmissions reported third-quarter earnings above analyst expectations on revenue and per-share results.

Updated on Nov. 2, 2026 in Economic Indicators

Isometric editorial illustration of a heavy-duty truck transmission housing with exposed gears and clutch plates on a flat steel base, in oxblood, teal, and mustard. — Allison Transmission posted third-quarter earnings of $2.90 per share on $1.53 billion in revenue, beating analyst estimates and lifting its full-year revenue outlook. AI Illustration. Upload story photo >

Allison Transmission reported third-quarter profit of $191 million, with net income of $2.30 per share and adjusted earnings of $2.90 per share. Revenue of $1.53 billion topped the four-analyst Zacks estimate of $1.47 billion.

Why it matters

The results beat average analyst estimates of $2.47 per share, a signal of resilience for the Indianapolis-headquartered company. The company also guided full-year revenue to a range of $5.98 billion to $6.08 billion.

Third-quarter revenue of $1.53 billion beat the $1.47 billion analyst estimate, and adjusted earnings of $2.90 per share exceeded the $2.47 average estimate. Adjusted figures exclude one-time gains and costs, and the full-year revenue outlook of $5.98 billion to $6.08 billion remains a projection.

The players

Allison Transmission Holdings Inc.

A commercial vehicle transmission maker headquartered in Indianapolis that supplies transmissions for trucks, buses and defense vehicles.

The details

Adjusted earnings were calculated by excluding one-time gains and costs, while analyst estimates came from four analysts surveyed by Zacks Investment Research. Shares closed Monday at $113.09 and have risen 16% year to date and 37% over the last 12 months.

Monday: Allison Transmission reported third-quarter earnings, and shares closed at $113.09.

Market Landscape

Allison's beat against the four-analyst Zacks consensus places it among commercial vehicle suppliers whose results are judged against published analyst surveys. The 37% share gain over the last 12 months reflects investor reaction to a company whose transmissions serve the heavy-duty truck and bus segment.

For Indianapolis-area residents, Allison's results matter mainly through employment at its headquarters and nearby operations. Investors tracking the stock should note the company's full-year revenue range of $5.98 billion to $6.08 billion, which sets expectations for the coming year.

The takeaway

Quarterly results that beat consensus can still leave a company's full-year outlook uncertain, so the revenue range is worth watching alongside the headline profit figure. Readers following Indianapolis employers can track guidance revisions in future filings.