---
schema_version: "secwatch.filing_event.v1"
accession: "0000908255-23-000041"
form_type: "8-K"
ticker: "BWA"
cik: "0000908255"
company_name: "BORGWARNER INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:02:47.042246+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BorgWarner Q2 sales up 20% to $4.52B; adj EPS $1.35; FY guidance raised; acquires Eldor EHS

## Summary
- GAAP net sales $4,520M (+20% YoY); GAAP EPS $0.87; adjusted EPS $1.35 (pro forma $1.05).
- Completed PHINIA spin-off July 3; FY 2023 guidance: sales $14.2-14.6B, adj EPS $3.50-$3.85.
- Agreed to acquire Eldor's EHS segment for €75M plus earnout; adds on-board charger and DC/DC converter tech.
- Won multiple EV contracts: East Asian OEM inverters/eMotors (2025), Chinese OEM iDM (2024), HVCH for three platforms (2025).

## SEC filing metadata
- accession: 0000908255-23-000041
- form_type: 8-K
- ticker: BWA
- cik: 0000908255
- company_name: BORGWARNER INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908255/000090825523000041/0000908255-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908255/000090825523000041/bwa-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908255-23-000041
- JSON: https://secwatch.observer/filing/0000908255-23-000041.json
- Plain text: https://secwatch.observer/filing/0000908255-23-000041.txt

## Key facts
- Earnings Releases
  BORGWARNER INC reported quarter and six months ended June 30, 2023 results: revenue $4,520 million, net income $204 million, EPS $0.87 per diluted share. Guidance raised.
  - Period: quarter and six months ended June 30, 2023
  - Revenue: $4,520 million
  - Net income: $204 million
  - EPS: $0.87 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: • BorgWarner expects its 2023 eProduct sales to be $2.3 billion to $2.4 billion, up from approximately $1.5 billion in 2022. Second Quarter Highlights: • U.S. GAAP net sales of $4,520 million, an increase of 20% compared with second quarter 2022. ◦ Excluding the impact of foreign currencies and the acquisitions of Santroll’s light vehicle eMotor business, Rhombus
  evidence_url: https://www.sec.gov/Archives/edgar/data/908255/000090825523000041/0000908255-23-000041-index.htm

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