BorgWarner (BWA)
Supplies propulsion, drivetrain and electrification systems to vehicle manufacturers worldwide.
$61.74
After-hours close+0.58 (+0.95%)
At close$61.16(−3.41%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,622 | 3,522 | 3,595 | 3,603 | 3,448 | 3,437 | 3,515 | 3,638 | 3,591 | 3,572 | 3,533 | 3,648 |
| Cost of revenue | 2,970 | 2,863 | 2,951 | 2,918 | 2,817 | 2,763 | 2,876 | 2,998 | 2,927 | 2,841 | 2,856 | 2,927 |
| Gross profit | 652 | 659 | 644 | 685 | 631 | 674 | 639 | 640 | 664 | 731 | 677 | 721 |
| 346 | 364 | 339 | 341 | 341 | 342 | 402 | 351 | 416 | 969 | 328 | 351 | |
| Research & development | 192 | 176 | 187 | 189 | 190 | 170 | 0 | 0 | 0 | 710 | 177 | 0 |
| 154 | 188 | 152 | 152 | 151 | 172 | 315 | 317 | 341 | −379 | 328 | 331 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 317 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 87 | 34 | 75 | 638 | −177 | 20 |
| Operating income | 306 | 295 | 305 | 344 | 290 | 332 | 237 | 289 | 248 | −238 | 349 | 370 |
| −68 | −66 | −15 | −46 | −20 | −651 | −5 | −5 | 0 | −2 | −21 | 2 | |
| Interest income | 19 | 9 | 10 | 9 | 17 | 18 | 16 | 0 | 16 | 28 | 14 | 0 |
| Interest expense | 0 | 22 | 15 | 17 | 30 | 34 | 28 | 12 | 25 | 34 | 11 | 10 |
| Other non-operating income | 41 | 44 | −6 | 24 | −10 | 617 | −23 | −7 | −25 | 28 | 10 | −12 |
| Income before tax | 238 | 229 | 290 | 298 | 270 | −319 | 232 | 284 | 248 | −240 | 328 | 372 |
| Income tax expense | 133 | 59 | 62 | −31 | 13 | 67 | 61 | 52 | 75 | 1 | 73 | 81 |
| Net income from continuing operations | 105 | 170 | 228 | 329 | 257 | −386 | 171 | 232 | 173 | −241 | 255 | 291 |
| Discontinued operations | −37 | 5 | −7 | −12 | −8 | −2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 50 | 154 | 206 | 303 | 234 | −405 | 157 | 224 | 158 | −262 | 242 | 277 |
| EPS, basic | $0.21 | $0.67 | $0.90 | $1.34 | $1.05 | −$1.85 | $0.72 | $1.04 | $0.73 | −$1.21 | $1.18 | $1.32 |
| EPS, diluted | $0.21 | $0.66 | $0.90 | $1.33 | $1.04 | −$1.85 | $0.72 | $1.03 | $0.73 | −$1.20 | $1.16 | $1.34 |
| Weighted average shares, basic | 233 | 232 | 228 | 226 | 223 | 219 | 217 | 217 | 217 | 216 | 205 | 204 |
| Weighted average shares, diluted | 235 | 234 | 228 | 227 | 225 | 219 | 218 | 218 | 217 | 216 | 208 | 207 |
| EBITDA | 323 | 406 | 461 | 480 | 485 | −107 | 415 | 475 | 492 | −100 | 484 | 382 |
| Depreciation & amortization | 58 | 155 | 150 | 160 | 185 | 178 | 155 | 179 | 219 | 166 | 145 | 0 |
| EBIT | 265 | 251 | 311 | 320 | 300 | −285 | 260 | 296 | 273 | −266 | 339 | 382 |
