Magna Announces Q3 2026 Financial Results, Sales of $10.1 Billion

On November 2, Magna released its financial report for the third quarter of 2026. Data shows that the company achieved sales of $10.1 billion in the quarter, a year-on-year decrease of 4%; adjusted EBIT reached $683 million, a year-on-year increase of 11%. Regarding full-year performance guidance, Magna maintained its full-year 2026 sales forecast range of $41.2 billion to $42 billion, and raised its free cash flow forecast in the financial report.