v3.26.1
Revenue Recognition and Geographical Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information and Revenue Recognition
The Company manages the business activities on a consolidated basis and operates in one reportable segment. The Company’s reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment systems, audio systems, telematics solutions, battery monitoring systems, and head-up displays. As the Company has one reportable segment, net sales, total assets, depreciation, amortization and capital expenditures are equal to consolidated results.

Financial results for the Company's reportable segment have been prepared using a management approach, which is consistent with the basis and manner in which financial information is evaluated by the Company's Chief Operating Decision Maker ("CODM") in allocating resources and in assessing performance. The Company’s CODM is the Chief Executive Officer. The measurement of segment profit or loss that the CODM uses to evaluate the performance of the Company’s segment is net income attributable to Visteon Corporation. Financial forecasts and budget-to-actual results used by the CODM to assess performance and allocate resources, as well as those used for strategic decisions related to headcount and capital expenditures are reviewed on a consolidated basis. The CODM considers the impact of the significant segment expenses in the table below
on net income when deciding whether to reinvest profits, propose dividends or share repurchase, or pursue strategic mergers and acquisitions.

A summary of segment revenue, segment net income (loss) attributable to Visteon Corporation, and significant segment expense for the periods ended June 30, 2026 and 2025 is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2026202520262025
Net sales
$960 $969 $1,914 $1,903 
Significant expenses:
Other cost of sales748 746 1,501 1,463 
Other selling, general and administrative37 39 81 77 
Gross engineering costs97 88 191 168 
Engineering recoveries(35)(36)(72)(64)
Depreciation and amortization
29 27 58 52 
Non-cash stock-based compensation
12 12 24 23 
Restructuring, net(1)1 17 1 
Interest expense2 4 5 7 
Interest income(5)(6)(10)(10)
Equity in net loss (income) of non-consolidated affiliates(2)(2)(4)(4)
Other (income) loss, net2 (1)(2)(2)
Provision for (benefit from) income taxes
26 22 42 48 
Net income (loss)50 75 83 144 
Less: Net (income) loss attributable to non-controlling interests
(1)(4)(3)(6)
Net income (loss) attributable to Visteon Corporation
$49 $71 $80 $138 


Other cost of sales excludes depreciation and amortization, non-cash stock-based compensation, and engineering recoveries which are presented individually above.

Other selling, general and administrative excludes depreciation and amortization and non-cash stock-based compensation which are presented individually above.

Financial Information by Geographic Region and Product Lines

Disaggregated net sales by geographical market and product lines are as follows:
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2026202520262025
Geographical Markets
Europe$366 $341 $714 $667 
Americas313 330 629 645 
China Domestic67 84 136 163 
China Export 1
19 25 43 46 
Other Asia-Pacific195 189 392 382 
$960 $969 $1,914 $1,903 
1 Prior‑period intercompany eliminations have been reclassified into China Export sales to conform with disclosure requirements. The Company concluded that this reclassification was not material to the prior period.
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2026202520262025
Product Lines
Instrument clusters$447 $451 $922 $886 
Information displays161 126 309 248 
Infotainment127 140 243 265 
Cockpit domain controller103 111 197 228 
Body and electrification electronics75 102 151 200 
Other47 39 92 76 
$960 $969 $1,914 $1,903