Aptiv's software and services revenue fell 11 percent in the third quarter

Aptiv reported $119 million of revenue in its Software and Services product line for the third quarter of 2026, in a quarterly report filed with the Securities and Exchange Commission on November 3. The comparable figure a year earlier was $134 million, a decline of 11 percent. For the nine months to September 30 the line stood at $416 million against $404 million. The product-line table is on page 50 of the filing. In the second quarter, the company had reported $152 million for the same line, against $137 million a year earlier.

Sensors and Compute, the other product line in the Intelligent Systems segment, fell to $1,299 million from $1,325 million. The segment’s net sales were $1,402 million against $1,442 million, a 3 percent decline, and its adjusted EBITDA fell to $180 million from $219 million, according to the results release filed earlier the same day as an exhibit to a Form 8-K. The Engineered Components segment grew 7 percent to $1,835 million, and total net sales rose 2 percent to $3,199 million. The release’s subheading credited “strong growth in non-automotive” revenue and did not discuss the software line.

The quarterly report also restates why Aptiv took a $648 million goodwill charge on its former Wind River reporting unit in the third quarter of 2025. The filing says on page 14 that the reduced cash-flow forecasts behind that charge were attributable to “market and industry delays in the broader adoption of software-defined vehicles,” and that some OEM customers had announced delays to their own investment plans for such vehicles. Wind River, the embedded software business Aptiv acquired, is now managed as part of the Intelligent Systems reporting unit.