---
schema_version: "secwatch.filing_event.v1"
accession: "0001735707-23-000058"
form_type: "8-K"
ticker: "GTX"
cik: "0001735707"
company_name: "Garrett Motion Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:41:02.193580+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Garrett Motion Q2 net sales $1.011B (+18% YoY); raises FY2023 outlook; plans $200M debt repayment

## Summary
- Net sales $1,011M (+18% YoY); net income $71M (7.0% margin); adj. EBITDA $170M (16.8% margin).
- Adjusted free cash flow $140M vs $23M in Q2 2022; operating cash flow $164M.
- Raising full year 2023 financial outlook (specifics not detailed in release).
- Planning early debt repayment of $200M in Q3 2023.
- Won two pre-development awards in E-Powertrain and E-Cooling for zero-emission vehicles.

## SEC filing metadata
- accession: 0001735707-23-000058
- form_type: 8-K
- ticker: GTX
- cik: 0001735707
- company_name: Garrett Motion Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1735707/000173570723000058/0001735707-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1735707/000173570723000058/gtx-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001735707-23-000058
- JSON: https://secwatch.observer/filing/0001735707-23-000058.json
- Plain text: https://secwatch.observer/filing/0001735707-23-000058.txt

## Key facts
- Earnings Releases
  Garrett Motion Inc. reported the three months ended June 30, 2023 results: revenue $1,011 million, net income $71 million. Guidance raised.
  - Period: the three months ended June 30, 2023
  - Revenue: $1,011 million
  - Net income: $71 million
  - Guidance: raised
  - Result: reported results
  source text: Second Quarter 2023 Highlights • Net sales totaled $1,011 million, up 18% on a reported basis, up 19% at constant currency* • Net income totaled $71 million; Net income margin 7.0% • Adjusted EBITDA* totaled $170 million; Adjusted EBITDA margin* of 16.8% • Net cash provided by operating activities totaled $164 million • Adjusted free cash flow* totaled $140 million • Expected Q3 early debt repayment for $200 million • Raising outlook for 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1735707/000173570723000058/0001735707-23-000058-index.htm

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