Delphi Technologies has unveiled second-quarter net income of US$86m, up from US$48m in the same period last year.

Revenue rose 1% year-on-year to US$1.2bn and to US$2.5bn for the year-to-date period.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The US supplier has updated its full-year outlook for 2018, with revenue now expected to be in the range of US$5bn – US$5.1bn.

“Our business performed well during the second quarter,” said Delphi Technologies CEO, Liam Butterworth. “While revenue growth moderated, we expanded our operating margin and generated strong operating cash flow.

“During the first half of the year, we achieved US$5.3bn in bookings in key technologies which continues to reinforce our confidence in Delphi Technologies’ long term growth prospects.

“In addition, I am pleased to announce our board of directors has approved a new US$100m share repurchase authorisation while maintaining our quarterly dividend.”

Prior to December 4, 2017, Delphi Technologies operated as the Powertrain Systems segment of Delphi Automotive.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact