PHINIA — Third Quarter 2026 Earnings Summary

PHINIA reported third-quarter 2026 net sales of $912 million, representing a 0.4% increase year-over-year, while adjusted net earnings rose to $68 million or $1.83 per diluted share. Adjusted EBITDA increased by $2 million to $135 million, driven by higher sales volume in the Americas and favorable timing of tariff recovery mechanisms, resulting in an adjusted EBITDA margin of 14.8%. The company returned $76 million to shareholders through $65 million in share repurchases and $11 million in dividends, maintaining a net leverage ratio of 1.3x. Based on these results and continued business momentum, PHINIA revised its full-year 2026 guidance to project net sales between $3.625 billion and $3.675 billion and adjusted EBITDA between $500 million and $520 million.