Garrett Motion Q1 2026 net sales $985M (+12%), net income $95M, raises full-year outlook

Garrett Motion Inc.

2026-Q1 EPS reported $0.49 revenue$985,000,000

Net sales $985M, up 12% reported and 6% constant currency vs Q1 2025; net income $95M (9.6% margin).
Adjusted EBIT $151M (15.3% margin) vs $131M (14.9%) prior year; adjusted free cash flow $49M.
Board declares $0.08/share dividend payable June 15, 2026, record June 1.
Repurchased $87M of common shares in Q1; total shareholder return >$100M including dividends.
Raising 2026 full-year outlook; secured new turbo programs and E-Powertrain commercial vehicle award.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Garrett Motion Inc. reported the three months ended March 31, 2026 results: revenue $985 million, net income $95 million. Guidance raised.

Period: the three months ended March 31, 2026
Revenue: $985 million
Net income: $95 million
Guidance: raised
Result: reported results

Exact text from the filing

Garrett Motion Reports First Quarter 2026 Financial Results, Raises 2026 Outlook First Quarter 2026 Financial Highlights • Net sales totaled $985 million, up 12% on a reported basis and 6% on a constant currency* basis vs prior year, driven by share of demand gains in passenger vehicles and strong performance in commercial vehicle off-highway and industrial • Net income totaled $95 million; Net income margin of 9.6% • Adjusted EBIT* totaled $151 million; Adjusted EBIT margin* of 15.3% • Net cash provided by operating activities totaled $98 million • Adjusted free cash flow* totaled $49 million • Raising 2026 full-year outlook

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Source: SEC EDGAR

accession 0001735707-26-000018

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