PHINIA Reports Third Quarter 2026 Results, Improves Full Year Outlook
PHINIA reported Q3 2026 net sales of $912 million, up 0.4% year over year (flat ex-currency), with net earnings of $67 million and adjusted diluted EPS of $1.83 versus $1.59 a year ago. Adjusted EBITDA rose $2 million to $135 million with margin up 20 bps to 14.8%, despite higher R&D spending, and the company returned $76 million to shareholders — 104% of adjusted free cash flow. Full-year 2026 guidance was raised across the board: net sales to $3,625-$3,675M, adjusted EBITDA to $500-$520M, and adjusted free cash flow to $220-$250M, including a Q4 contribution from the stoba Group acquisition that closed October 1.
Key figures
- Eps
- 1.8
- Revenue
- 912000000
- Guidance
- FY26 net sales raised to $3,625-$3,675M (from $3,565-$3,665M); net earnings $160-$182M (from $155-$180M); adjusted EBITDA $500-$520M (from $485-$515M); adjusted FCF $220-$250M (from $210-$250M); adjusted tax rate 28-30% (from 30-33%)
- Revenue Yoy
- 0.4%
- Cash
- 436000000
- Buyback
- 65000000
- Total debt
- 1100000000
- Adjusted eps
- 1.83
- Adjusted fcf
- 73000000
- Gross profit
- 204000000
- Net earnings
- 67000000
- Net leverage
- 1.3x
- Dividends paid
- 11000000
- Adjusted ebitda
- 135000000
- Total liquidity
- 813000000
- Operating income
- 84000000
- Operating cash flow
- 87000000
- Adjusted ebitda margin
- 14.8%
- Adjusted eps prior year
- 1.59
AI analysis
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