Earnings Releases·Oct 29, 2026, 8:13 AM ET

BorgWarner — Third Quarter 2026 Earnings Summary

Q3 2026 U.S. GAAP net earnings rose 47.9% year-over-year to $221 million ($1.08/share), while adjusted net earnings increased 12.1% to $284 million ($1.39/share) despite a 2.9% decline in net sales to $3.487 billion.
The Company raised full-year 2026 adjusted EPS guidance to $5.20–$5.35 (from $5.05–$5.30) and narrowed net sales guidance to $14.0–$14.2 billion, citing cost controls and a lower effective tax rate.
Significant capital allocation included a $864 million gross debt reduction via tender and redemption, $175 million in share repurchases, and $35 million in cash dividends during the quarter.
Strategic momentum is evident with nine new awards secured, including a first aluminum-wire eMotor program with a major Chinese OEM and an engine control module award for a new pickup platform, alongside progress in data center and industrial markets.
Future outlook reflects a challenging macro environment with a projected 2% to 1% decline in the global light vehicle market in 2026 and a $250 million sales headwind from the Battery Energy Systems segment.