---
schema_version: "secwatch.filing_event.v1"
accession: "0000908255-23-000024"
form_type: "8-K"
ticker: "BWA"
cik: "0000908255"
company_name: "BORGWARNER INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:50:16.457813+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BorgWarner Q1 revenue up 8% to $4.18B; adjusted EPS $1.09; lifts FY 2023 sales guidance

## Summary
- GAAP EPS $0.93, adjusted EPS $1.09 vs $1.05 a year ago; net earnings $217M.
- Organic sales grew 12% YoY; full-year 2023 revenue guided $17.1-17.9B (prior ~$16.5B).
- eProduct sales forecast $2.3-2.6B, including $1.5-1.8B EV sales, up from $870M in 2022.
- Free cash flow was -$290M in Q1; operating cash flow guided $1.4-1.55B for full year.
- New EV wins: battery packs for electric buses, eMotors for Chinese OEM, eFans for commercial trucks.

## SEC filing metadata
- accession: 0000908255-23-000024
- form_type: 8-K
- ticker: BWA
- cik: 0000908255
- company_name: BORGWARNER INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908255/000090825523000024/0000908255-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908255/000090825523000024/bwa-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908255-23-000024
- JSON: https://secwatch.observer/filing/0000908255-23-000024.json
- Plain text: https://secwatch.observer/filing/0000908255-23-000024.txt

## Key facts
- Earnings Releases
  BORGWARNER INC reported the quarter ended March 31, 2023 results: revenue $4,180 million, net income $0.93 per diluted share, EPS $0.93 per diluted share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $4,180 million
  - Net income: $0.93 per diluted share
  - EPS: $0.93 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: a program win to provide DC fast chargers to the Pontiac, Michigan school district in support of its electric school buses. First Quarter Highlights: • U.S. GAAP net sales of $4,180 million, an increase of 8% compared with first quarter 2022. ◦ Excluding the impact of foreign currencies and the acquisitions of Santroll’s light vehicle eMotor business, Rhombus Energy
  evidence_url: https://www.sec.gov/Archives/edgar/data/908255/000090825523000024/0000908255-23-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.