v3.26.3
Revenue Recognition and Geographical Information
 9 Months Ended
Sep. 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 September 30, 2026 and 2025 is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In millions)2026202520262025
Net sales
$970 $917 $2,884 2,820 
Significant expenses:
Other cost of sales836 698 2,337 2,161 
Other selling, general and administrative36 44 117 121 
Gross engineering costs83 90 274 258 
Engineering recoveries(28)(32)(100)(96)
Depreciation and amortization
31 28 89 80 
Non-cash stock-based compensation
11 11 35 34 
Restructuring, net— 3 17 4 
Interest expense4 3 9 10 
Interest income(3)(6)(13)(16)
Equity in net loss (income) of non-consolidated affiliates(4)(1)(8)(5)
Other (income) loss, net(3)(2)(5)(4)
Provision for (benefit from) income taxes
1 90 43 138 
Net income (loss)6 (9)89 135 
Less: Net (income) loss attributable to non-controlling interests
(1)(2)(4)(8)
Net income (loss) attributable to Visteon Corporation
$5 $(11)$85 $127 


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 September 30,Nine Months Ended September 30,
(In millions)2026202520262025
Geographical Markets
Europe$343 $288 $1,057 $955 
Americas332 348 961 993 
China Domestic68 82 204 245 
China Export 1
24 19 67 65 
Other Asia-Pacific203 180 595 562 
$970 $917 $2,884 $2,820 
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 September 30,Nine Months Ended September 30,
(In millions)2026202520262025
Product Lines
Instrument clusters$445 $421 $1,367 $1,307 
Information displays167 117 476 365 
Infotainment122 131 365 396 
Cockpit domain controller104 96 301 324 
Body and electrification electronics81 111 232 311 
Other51 41 143 117 
$970 $917 $2,884 $2,820