{"schema_version":"secwatch.filing_event.v1","accession":"0001735707-23-000042","form_type":"8-K","ticker":"GTX","cik":"0001735707","company_name":"Garrett Motion Inc.","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.296944+00:00","generated_at":"2026-06-16T19:09:40.571402+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Garrett Motion Q1 2023 sales $970M (+8% YoY), net income $81M, Adj EBITDA $168M; reaffirms outlook","bullets":["Net sales $970M, up 8% reported, 13% constant currency; gross profit margin 19.5%.","Net income $81M (8.4% margin), vs $88M in Q1 2022; Adjusted EBITDA $168M (17.3% margin).","Net cash from operations $92M, adjusted free cash flow $88M.","Capital structure simplification eliminates Series A preferred dividend, adds >$100M annual net cash flow.","Reaffirmed 2023 outlook."],"urls":{"canonical":"https://secwatch.observer/filing/0001735707-23-000042","json":"https://secwatch.observer/filing/0001735707-23-000042.json","markdown":"https://secwatch.observer/filing/0001735707-23-000042.md","text":"https://secwatch.observer/filing/0001735707-23-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1735707/000173570723000042/0001735707-23-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1735707/000173570723000042/gtx-20230424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T19:09:40.571402+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f7f65ffbe650e054699d1103a23583479ceb4f8","claim":"Garrett Motion Inc. reported the quarter ended March 31, 2023 results: revenue $970 million, net income $81 million. Guidance reaffirmed.","evidence_excerpt":"Net sales totaled $970 million, up 8% on a reported basis, up 13% at constant currency* • Net income totaled $81 million; Net income margin 8.4% • Adjusted EBITDA* totaled $168 million; Adjusted EBITDA margin* of 17.3% • Net cash provided by operating activities totaled $92 million • Adjusted free cash flow* totaled $88 million • Reaffirmed outlook for 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1735707/000173570723000042/0001735707-23-000042-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$970 million"},{"label":"Net income","value":"$81 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}