Garrett Motion — Third Quarter 2026 Earnings Summary

Garrett Motion reported third-quarter 2026 net sales of $930 million, representing a 3% increase on a constant currency basis compared to the prior year, driven by strong performance in commercial vehicle and industrial segments. The company achieved net income of $97 million with an adjusted EBIT margin of 16.3% and generated $136 million in adjusted free cash flow. Garrett's Board of Directors approved a new $250 million share repurchase program for 2027 and declared a quarterly cash dividend of $0.08 per share. The company reaffirmed its full-year 2026 outlook, projecting net sales between $3.75 billion and $3.85 billion and adjusted EBIT between $570 million and $590 million.