{"schema_version":"secwatch.filing_event.v1","accession":"0001735707-24-000023","form_type":"8-K","ticker":"GTX","cik":"0001735707","company_name":"Garrett Motion Inc.","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.810781+00:00","generated_at":"2026-06-03T08:07:36.489135+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Garrett Motion Q1 net sales $915M (-6% YoY), net income $66M, repurchased $109M stock","bullets":["Net sales $915M, down 6% reported and 5% constant currency; net income $66M ($81M Q1 2023).","Adjusted EBITDA $151M (16.5% margin) vs $168M (17.3%) in prior year.","Repurchased $109M of common stock during Q1; made $100M early debt repayment on April 10.","Reiterated FY 2024 outlook: net sales ~$3,870M, adjusted EBITDA ~$620M, adjusted FCF ~$375M.","CEO highlighted new series production awards in power generation, traction motor testing with OEM, and fuel cell compressor awards."],"urls":{"canonical":"https://secwatch.observer/filing/0001735707-24-000023","json":"https://secwatch.observer/filing/0001735707-24-000023.json","markdown":"https://secwatch.observer/filing/0001735707-24-000023.md","text":"https://secwatch.observer/filing/0001735707-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1735707/000173570724000023/0001735707-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1735707/000173570724000023/gtx-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:07:36.489135+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":"3af84f9adc5f81b0883fa9c6a126c5bb3bc35fc5","claim":"Garrett Motion Inc. reported the three months ended March 31, 2024 results: revenue $915 million, net income $66 million. Guidance reaffirmed.","evidence_excerpt":"Net sales totaled $915 million, down 6% on a reported basis and 5% at constant currency* • Net income totaled $66 million; Net income margin 7.2% • Adjusted EBITDA* totaled $151 million; Adjusted EBITDA margin* of 16.5%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1735707/000173570724000023/0001735707-24-000023-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$915 million"},{"label":"Net income","value":"$66 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}