earnings
confidence high
sentiment positive
materiality 0.80
Garrett Motion Q2 net sales $976M (+7% YoY), adj. EBIT margin 15.6%, raises FY outlook
Garrett Motion Inc.
- Net sales $976M, up 7% YoY (5% constant currency); net income $101M, margin 10.3%.
- Adjusted EBIT $152M, margin 15.6% (up 200 bps YoY); adjusted EBITDA $183M, margin 18.8%.
- Board declared $0.08/share dividend payable Sept 15, 2026 to holders of record Sept 1, 2026.
- Increased full-year 2026 outlook; strong cash flow with adj. free cash flow $122M in Q2.
- Secured turbo wins in passenger, commercial, and industrial, including genset for data centers.