earnings
confidence high
sentiment positive
materiality 0.80
BorgWarner Q2 adjusted EPS $1.42 beats; raises FY2026 adjusted EPS guidance; adds $1B buyback
BORGWARNER INC
- Q2 GAAP EPS $1.34, adjusted EPS $1.42 (+17.4% YoY); net sales $3,648M (+0.3% YoY, organic -1.2%).
- Adjusted operating margin 11.3% (+100 bps YoY); GAAP operating margin 10.1% (+220 bps).
- FY2026 adjusted EPS guidance raised to $5.05-$5.30 from $5.00-$5.20; sales guidance unchanged $14.0-$14.3B.
- Board authorized $1B increase to share repurchase program, total authorization ~$1.35B through 2029.
- Secured 7 new business awards including eTurbo, iDM, and inverter extensions; production 2026-2029.