---
schema_version: "secwatch.filing_event.v1"
accession: "0000908255-23-000048"
form_type: "8-K"
ticker: "BWA"
cik: "0000908255"
company_name: "BORGWARNER INC"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:32:38.669558+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BorgWarner Q3 adj. EPS $0.98 beats prior year; guides FY sales $14.1-14.3B

## Summary
- Q3 net sales $3,622M (+12% YoY); GAAP EPS $0.37; adj. EPS $0.98 vs $0.80 YoY.
- eProduct sales seen at $2.0-2.1B in 2023, up from ~$1.5B in 2022.
- New eProduct awards: 800V OBC (N. America, 2027), CIDD (Europe, 2025), HVCH (2026), inverters for Volvo.
- FY 2023 guidance: net sales $14.1-14.3B; adj. EPS $3.60-3.80; free cash flow $400-450M.
- SBTi validates targets: 85% Scope 1&2 and 25% Scope 3 GHG reductions by 2030.

## SEC filing metadata
- accession: 0000908255-23-000048
- form_type: 8-K
- ticker: BWA
- cik: 0000908255
- company_name: BORGWARNER INC
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908255/000090825523000048/0000908255-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908255/000090825523000048/bwa-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908255-23-000048
- JSON: https://secwatch.observer/filing/0000908255-23-000048.json
- Plain text: https://secwatch.observer/filing/0000908255-23-000048.txt

## Key facts
- Earnings Releases
  BORGWARNER INC reported quarter and nine months ended September 30, 2023 results: revenue $3,622 million, net income $0.37 per diluted share, EPS $0.37 per diluted share. Guidance reaffirmed.
  - Period: quarter and nine months ended September 30, 2023
  - Revenue: $3,622 million
  - Net income: $0.37 per diluted share
  - EPS: $0.37 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: a 2021 base year and to reduce absolute Scope 3 GHG emissions 25% by 2030 from a 2021 base year. Third Quarter Highlights (continuing operations basis): • U.S. GAAP net sales of $3,622 million, an increase of 12% compared with third quarter 2022. ◦ Excluding the impact of foreign currencies and the acquisitions of Drivetek and SSE, organic sales were up 11% compared
  evidence_url: https://www.sec.gov/Archives/edgar/data/908255/000090825523000048/0000908255-23-000048-index.htm

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