He also highlighted progress on cost reduction. Management initially committed to a $200 million run-rate savings target, later raised to $300 million, and said Dana delivered $248 million of cost savings in 2025 and exited the year with a $325 million run rate heading into 2026. McDonald added that the company has discussed about $40 million of stranded costs following the Off-Highway sale and said the company is assuming it will “substantially eliminate” those costs in 2026.McDonald said final fourth-quar ...

Financial Data and Key Metrics Changes - For Q4 2025, sales were $1.867 billion, an increase of $93 million compared to the previous year, driven by customer recoveries and currency translation [18] - Adjusted EBITDA for Q4 was $208 million, resulting in an 11.1% margin, a 640 basis points improvement over the prior year's fourth quarter [19] - Full-year sales for 2025 were $7.5 billion, down $234 million from 2024, reflecting weakening market demand across both light vehicle and commercial vehicle sectors [20] - Full-year adjusted EBITDA was $610 million, an improvement of $215 million from the prior year, resulting in an 8.1% margin, up 300 basis points [21] Business Line Data and Key Metrics Changes - The light vehicle segment saw growth, while certain commercial vehicle markets experienced weaker demand, impacting overall sales [23] - Performance actions contributed an additional $17 million in Q4, driven by commercial recoveries and pricing initiatives [24] - For the full year, performance actions added $981 million in sales, primarily from pricing and commercial actions [26] Market Data and Key Metrics Changes - The light truck market is expected to hold steady, with flat volume year-over-year from 2025 levels [13] - There is optimism for improved volumes in the commercial vehicle sector towards the latter half of the year [14] - The company has a three-year net backlog of $750 million, with $200 million expected to flow through in 2026 [14] Company Strategy and Development Direction - The company is focused on its Dana 2030 strategy, which includes growth in aftermarket, traditional light vehicle and commercial vehicle businesses, and EV technologies [52][54] - The company plans to return $2 billion to shareholders through stock buybacks, with $300 million targeted for 2026 [53] - The management team is confident in their ability to deliver on financial objectives and capitalize on growth opportunities [10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to eliminate stranded costs post-divestiture and achieve substantial growth [9] - The outlook for 2026 remains unchanged, with expected revenue of approximately $7.5 billion and adjusted EBITDA around $800 million [34][35] - The company anticipates continued operational execution and benefits from cost reduction initiatives [37] Other Important Information - The company completed the sale of its Off-Highway business, using most of the $2 billion proceeds to repay debt [8] - The company has reduced total debt by approximately $1.9 billion, resulting in a strong capital structure with no near-term maturities [47][48] Q&A Session Summary Question: Follow-up on the target for sales of $10 billion by 2030 - Management explained that the growth target includes normalization in the North American commercial vehicle market and several growth strategies in traditional and adjacent markets [57][58] Question: Impact of EV cancellations on cash flow - Management indicated that while there were some recoveries, many programs have not completely canceled, leading to adjustments in ongoing sales prices [64] Question: Guidance on EBITDA margins by 2030 - Management stated that margin enhancement will come from structural cost reductions and operational efficiencies, with confidence in achieving the targets [71][72] Question: CapEx guidance and its relation to sales - Management confirmed that a CapEx rate of around 4% is expected going forward to support growth initiatives and margin expansion [100] Question: Plans for excess cash flow - Management indicated flexibility in using excess cash flow for debt reduction or further shareholder returns, depending on market conditions [90][92]

Financial Data and Key Metrics Changes - For Q4 2025, sales were $1.867 billion, an increase of $93 million compared to the previous year, driven by customer recoveries and currency translation [18] - Adjusted EBITDA for Q4 was $208 million, resulting in an 11.1% margin, a 640 basis points improvement over the prior year's fourth quarter [19] - Full-year sales for 2025 were $7.5 billion, down $234 million from 2024, reflecting weakening market demand across both light vehicle and commercial vehicle sectors [20] - Full-year adjusted EBITDA was $610 million, an improvement of $215 million from the prior year, resulting in an 8.1% margin, up 300 basis points [21] Business Line Data and Key Metrics Changes - The light vehicle segment saw growth, while certain commercial vehicle markets experienced weaker demand, impacting overall sales [23] - Performance actions contributed an additional $17 million in Q4, driven by commercial recoveries and pricing initiatives [24] - For the full year, performance actions added $981 million in sales, primarily from pricing and commercial actions [26] Market Data and Key Metrics Changes - The light truck market is expected to hold steady, with flat volume year-over-year from 2025 levels [13] - There is optimism for improved volumes in the commercial vehicle sector towards the latter half of the year [14] - The company’s backlog is $750 million, with $200 million expected to flow through in 2026 [9] Company Strategy and Development Direction - The company is focused on its Dana 2030 strategy, which includes a target of close to $10 billion in sales by 2030, with a margin increase to 14%-15% at the EBITDA line [52] - The strategy includes growth in aftermarket business, traditional light vehicle and commercial vehicle sectors, and EV and Applied Technologies [54] - The company plans to return $2 billion to shareholders through stock buybacks, with $300 million targeted for 2026 [53] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company’s ability to deliver on financial objectives and highlighted strong momentum exiting 2025 [10] - The outlook for 2026 remains unchanged, with expectations for revenue to be approximately $7.5 billion and adjusted EBITDA around $800 million [34] - Management noted that the operational execution and cost reduction initiatives are expected to drive meaningful profit expansion [35] Other Important Information - The company completed the sale of its Off-Highway business and used most of the $2 billion proceeds to repay debt [8] - The company returned just over $700 million to shareholders in 2025, including a 20% increase in dividends [11] - The company’s balance sheet is significantly stronger post-divestiture, with reduced debt and improved liquidity [46] Q&A Session Summary Question: Follow-up on the target for sales of $10 billion by 2030 - Management explained that the growth target includes normalization in the North American commercial vehicle market and several growth strategies in traditional vehicles and aftermarket opportunities [58][60] Question: Impact of EV cancellations on 2025 guidance - Management indicated that while there were some recoveries, many programs have not completely canceled, leading to adjustments in ongoing sales prices [64][68] Question: Breakdown of contributions to EBITDA margin targets - Management refrained from providing detailed breakdowns but emphasized structural cost reductions and operational efficiencies as key drivers for margin enhancement [71][72] Question: Sustainability of commercial vehicle margins - Management expressed confidence in the sustainability of margin levels, attributing improvements to operational efficiencies and new plant performance [75][78] Question: Future capital deployment strategies - Management indicated flexibility in capital deployment, considering both shareholder returns and potential acquisitions to accelerate growth [82][90]

Financial Data and Key Metrics Changes - For Q4 2025, sales were $1.867 billion, an increase of $93 million compared to the previous year, driven by customer recoveries and currency translation [16] - Adjusted EBITDA for Q4 was $208 million, resulting in an 11.1% margin, a 640 basis points improvement over the prior year's fourth quarter [16] - Full-year sales for 2025 were $7.5 billion, down $234 million from 2024, reflecting weakening market demand across both light vehicle and commercial vehicle sectors [18] - Full-year adjusted EBITDA was $610 million, an improvement of $215 million from the prior year, resulting in an 8.1% margin, up 300 basis points [19] Business Line Data and Key Metrics Changes - The light vehicle segment saw growth, while certain commercial vehicle markets experienced weaker demand, impacting overall sales [21] - Performance actions contributed an additional $17 million in Q4, driven by commercial recoveries and pricing initiatives [21] - The company secured a backlog of $750 million, with $200 million expected to flow through in 2026, despite challenges in the EV sector [6] Market Data and Key Metrics Changes - The light truck market is expected to hold steady, with plans built around flat volume year-over-year from 2025 levels [12] - There is optimism for improved volumes in the commercial vehicle sector towards the latter half of the year [12] Company Strategy and Development Direction - The company is focused on its Dana 2030 strategy, which includes cost reduction initiatives and growth in traditional and electric vehicle markets [4] - The company plans to return $2 billion to shareholders through stock buybacks by 2030, reflecting confidence in long-term financial targets [7] - The company aims for $10 billion in sales by 2030, with a target EBITDA margin of 14%-15% [40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver on financial objectives and navigate a dynamic market environment [4] - The outlook for 2026 remains unchanged, with expectations for revenue to be approximately $7.5 billion and adjusted EBITDA around $800 million [29] - Management highlighted the importance of operational execution and cost management in driving future profitability [28] Other Important Information - The company completed the sale of its Off-Highway business, using proceeds to repay debt, resulting in a significantly improved balance sheet [5] - The company has reduced total debt by approximately $1.9 billion, enhancing its financial strength and flexibility [38] Q&A Session Summary Question: Follow-up on the $10 billion sales target by 2030 - Management explained that the growth will come from a normalization in the North American commercial vehicle market, new business wins, and expansion in the aftermarket and applied technologies [45][46] Question: Impact of EV cancellations on cash flow - Management noted that while there were some recoveries, the impact on profit drivers was limited, primarily covering costs incurred [51][52] Question: Breakdown of margin expansion drivers - Management indicated that margin enhancement would come from structural cost reductions and operational efficiencies, with a focus on low-risk, high-return actions [57][58] Question: CapEx guidance and its implications - Management confirmed that CapEx is expected to be around 4% of sales going forward, necessary for both growth initiatives and margin expansion [86][88]

2025 Fourth-Quarter & Full-Year Earnings Conference Call February 18, 2026 Safe Harbor Statement Certain statements and projections contained in this presentation are, by their nature, forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-lo ...

Exhibit 99.1 Dana Incorporated Reports Strong 2025 Financial Results; Reaffirms 2026 Targets Featuring New Business Growth, Increased Margins 2025 Highlights: 2026 Highlights: MAUMEE, Ohio, February 18, 2026 – Dana Incorporated today announced its full-year 2025 financial results, with adjusted EBITDA and adjusted free cash flow above the preliminary results issued in January. Dana also confirmed its outlook for 2026, highlighting stronger profitability, significant cost-reduction progress, increased capita ...

electrodynamic technologies, and thermal and sealing solutions.Headquartered in Maumee, Ohio, USA, Dana reported sales of $7.5 billion in 2025. With a history dating to 1904, the company employs 27,000 people in 24 countries across six continents. Learn more at dana.com.DANA INCORPORATEDReconciliation of Net Cash Provided By Operating Activities toAdjusted Free Cash Flow (Unaudited)Three Months Ended(In millions)December 31,20252024Net cash provided by operating activities$ 406$ 302Purchases of property, pl ...

Market Overview - The U.S. equity market has experienced a subdued performance in February following a strong January, primarily due to an AI-driven sell-off impacting software stocks [1] - Geopolitical tensions, particularly between the U.S. and Iran, have intensified, contributing to market unease alongside a significant decline in cryptocurrency [2] Investment Opportunities - Despite market volatility, investors are encouraged to consider broker-favored stocks such as Arrow Electronics (ARW), American Airlines (AAL), Cross Country Healthcare (CCRN), Avnet (AVT), and Dana Incorporated (DAN) [2] - A screening strategy has been developed to identify stocks with improving broker recommendations and upward revisions in earnings estimates over the past four weeks, utilizing the price/sales ratio as a complementary valuation metric [3][4] Stock Screening Criteria - The screening criteria include: - Top 75 companies with net upgrades in broker ratings over the last four weeks [4] - Top 10 stocks with upward revisions in earnings estimates for the upcoming quarter [4] - Companies in the bottom 10% of price/sales ratios among over 7,700 stocks [4] - Stocks trading above $5 and with an average daily volume greater than 100,000 shares over the last 20 trading days [5] Company Highlights - **Arrow Electronics (ARW)**: A leading distributor of electronic components, expected to benefit from partnerships and innovation in AI-powered technologies. The company has a Zacks Rank of 1 (Strong Buy) with a projected EPS growth rate of 15.2% over 3-5 years and a history of earnings surpassing estimates by an average of 15.9% [6][8] - **American Airlines (AAL)**: Based in Fort Worth, TX, the company is seeing increased air travel demand but faces challenges from high labor costs and debt levels. The Zacks Consensus Estimate for 2026 earnings has been revised upward by 13.4% over the past 60 days, with a Zacks Rank of 2 (Buy) [9] - **Cross Country Healthcare (CCRN)**: This company is benefiting from strong relationships and momentum in home care and staffing. It has a Zacks Rank of 3 (Hold) but has missed earnings estimates in the last four quarters with an average negative surprise of 38.2% [10][11] - **Avnet (AVT)**: The company is capitalizing on strength in defense and data center markets, with a focus on the Internet of Things. It has a Zacks Rank of 3 and has consistently surpassed earnings estimates by an average of 10.9% [12] - **Dana Incorporated (DAN)**: Specializing in thermal-management products for the automotive sector, Dana is implementing cost-reduction measures to mitigate the impact of tariffs and inflation. The Zacks Consensus Estimate for 2026 earnings has remained stable, and the company holds a Zacks Rank of 3 [13]

Core Insights - Infleqtion is recognized as a global leader in quantum sensing and quantum computing, focusing on atom-based quantum technology for both commercial and government applications [1] - Dr. Dana Anderson has been inducted into the National Academy of Engineering for his contributions to optical quantum engineering of ultracold atoms, highlighting the company's commitment to innovation and excellence in the field [1] - Infleqtion plans to go public through a merger with Churchill Capital Corp X, indicating a strategic move to enhance its market presence and access capital for growth [1]

Group 1 - Dana Incorporated has appointed Byron Foster as Chief Executive Officer, effective July 1, 2026, allowing for a structured transition period [1] - R. Bruce McDonald will continue as Chairman of the Board after serving as Chairman and CEO since 2024 [1] - Byron Foster has over two decades of senior leadership experience and has been instrumental in driving sales growth and profit margin improvement in Dana's Light Vehicle Systems business [1] Group 2 - Dana reported preliminary sales of $7.5 billion in 2025 and operates with 28,000 employees across 24 countries [1] - The company specializes in designing and manufacturing propulsion and energy-management solutions for various mobility markets globally [1] - Dana is focused on sustainable progress through both conventional and clean-energy solutions, supporting nearly every vehicle manufacturer [1]