Visteon reported full-year 2025 net sales of $3,768 million. Sales performance reflected continued strength in digital cockpit electronics, partially offset by lower battery management system (BMS) volumes and reduced customer recoveries. Visteon delivered approximately 2% growth-over-market globally, absorbing a 7% growth-over-market headwind from BMS and China.
Gross margin for the full year was $532 million. Net income attributable to Visteon was $201 million, or $7.28 per diluted share, reflecting a decline from the prior year due to year-over-year changes in the Company's valuation allowance assessment, offset in part by lower restructuring costs and higher earnings from non-consolidated affiliates.
Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation - a measure of operating profit) was a record $492 million representing a margin of 13.1%. The results reflect the benefit of strong operational performance, cost and commercial discipline, and continued progress on our vertical integration and insourcing initiatives.
Visteon launched 86 new products across 19 OEM customers in 2025, including an increasing mix of hybrid, multi-powertrain, and adjacent-market programs. Launches were balanced regionally, with roughly one-third in each key region - Americas, Europe, and Asia.
Key fourth quarter launches included a SmartCore and multi-display system with Mahindra for the popular XUV7XO in India, a SmartCore for the Zeekr 7 electric SUV in China, and digital clusters on the Toyota Corolla in China and Tata Sierra in India. Other launches included a hybrid cluster for Ford's best-selling vehicle, the F-150, and a centre display on the Mazda CX-5 in China.
Outlook for 2026
Visteon's full-year 2026 guidance anticipates sales in the range of $3.625 billion to $3.825 billion, adjusted EBITDA in the range of $455 million to $495 million, and adjusted free cash flow in the range of $170 million to $210 million.
"2025 was another year of disciplined execution and strategic progress for Visteon," said President and CEO Sachin Lawande. "Looking ahead, 2026 is about positioning the company for the next phase of growth -- scaling our next-generation cockpit platforms, deepening engagement with growth-oriented customers, and expanding into adjacent markets."
