Quarterly ResultOct 29, 2026, 12:46 PM
BorgWarner Q3 Net Sales Down, Earnings Up; Restructuring Costs Total $50M
AI Summary
BorgWarner Inc. filed its Q3 2026 10-Q report, showing a slight decrease in net sales for both the quarter and the nine-month period compared to the previous year. However, net earnings attributable to the company saw a significant increase, with diluted EPS rising to $1.08 in Q3 2026 from $0.73 in Q3 2025. The company also reported substantial restructuring expenses and a notable shift in its debt structure, with a large increase in short-term debt and a decrease in long-term debt.
Key Highlights
- BorgWarner Inc. reported Q3 2026 net sales of $3,487 million, a decrease from $3,591 million in Q3 2025.
- Nine-month 2026 net sales were $10,668 million, down from $10,744 million in the prior year period.
- Q3 2026 net earnings attributable to BorgWarner Inc. were $221 million, or $1.08 per diluted share, up from $158 million, or $0.73 per diluted share, in Q3 2025.
- Nine-month 2026 net earnings attributable to BorgWarner Inc. were $740 million, or $3.59 per diluted share, up from $539 million, or $2.48 per diluted share, in the prior year period.
- Restructuring expenses totaled $50 million for Q3 2026 and $89 million for the nine months ended September 30, 2026.
- Total assets decreased to $13,216 million as of September 30, 2026, from $13,769 million as of December 31, 2025.
- Short-term debt increased significantly to $1,106 million from $5 million, while long-term debt decreased to $1,901 million from $3,894 million.
Price Impact
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