Garrett Motion Reports Strong Second Quarter 2026 Results, Increases 2026 Outlook
Garrett Motion reported Q2 revenue of $976 million, up 7% year-over-year, with adjusted EBIT margin expanding 200 basis points to 15.6% driven by disciplined execution and share gains. The company raised its full-year 2026 outlook, increasing sales guidance to $3.7-$3.9 billion and adjusted EBIT to $560-$600 million, reflecting confidence in demand across passenger and commercial vehicle verticals.
Key figures
- Eps
- 0.53
- Revenue
- 976000000
- Guidance
- FY26 Sales $3.7B-$3.9B (raised from $3.6B-$3.9B); Adj EBIT $560M-$600M (raised from $520M-$600M); Net Income $330M-$360M (raised from $300M-$360M)
- Revenue Yoy
- 7%
- Net income
- 101000000
- Adjusted ebit
- 152000000
- Share repurchases
- 28000000
- Dividend per share
- 0.08
- Adjusted ebit margin
- 15.6%
- Adjusted free cash flow
- 122000000
AI analysis
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