{"schema_version":"secwatch.filing_event.v1","accession":"0001968915-26-000068","form_type":"8-K","ticker":"PHIN","cik":"0001968915","company_name":"PHINIA INC.","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.332513+00:00","generated_at":"2026-05-15T01:10:49.982593+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":"PHINIA Q1 sales $878M (+10.3% YoY), adj. EPS $1.29 (+37%), reaffirms FY outlook","bullets":["Net sales $878M (+10.3% YoY); net earnings $37M (margin 4.2%); adjusted EBITDA $115M (margin 13.1%).","Adjusted diluted EPS $1.29, up >37% YoY; returned $67M to shareholders via buybacks and dividends.","Record Q1 adjusted free cash flow of $42M; cash $328M, total debt $992M.","FY 2026 guidance reaffirmed: net sales $3.52-3.72B, adjusted EBITDA $485-525M, adj. FCF $200-240M.","Strategic wins: CNG fuel rail, jet fuel injector for drones, Chinese OEM luxury SUV, aftermarket expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0001968915-26-000068","json":"https://secwatch.observer/filing/0001968915-26-000068.json","markdown":"https://secwatch.observer/filing/0001968915-26-000068.md","text":"https://secwatch.observer/filing/0001968915-26-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1968915/000196891526000068/0001968915-26-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1968915/000196891526000068/phin-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:10:49.982593+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":"5d348fc5b76624e4e467ac5fdafafde8145b4b25","claim":"PHINIA INC. reported first quarter ended March 31, 2026 results: revenue $878 million, net income $37 million, EPS $0.96.","evidence_excerpt":"First Quarter Highlights: • Net sales of $878 million, an increase of 10.3% compared with Q1 2025. ◦ Excluding the impacts of foreign currency and the acquisition of SEM, increases of $39 million and $14 million, respectively, net sales increased $29 million or 3.6%, primarily driven by volumes in Asia and the Americas and tariff recoveries. • Net earnings of $37 million and net margin of 4.2%, representing a year-over-year increase of $11 million and 90 basis points (bps), respectively. • Adjusted EBITDA of $115 million with adjusted EBITDA margin of 13.1%, representing a year-over-year increase of $12 million and 20 bps, primarily driven by supplier savings and overhead cost control measures and net tariff recoveries. • Net earnings per diluted share of $0.96. ◦ Adjusted net earnings per diluted share of $1.29 (excluding $0.33 per diluted share related to non-operating items detailed in the non-GAAP appendix below), reflecting the operational increases detailed above and a reduction","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1968915/000196891526000068/0001968915-26-000068-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$878 million"},{"label":"Net income","value":"$37 million"},{"label":"EPS","value":"$0.96"},{"label":"Result","value":"reported results"}]},{"claim_id":"789a18754a811ec68aa2bb1103af3c152db2d2d2","claim":"PHINIA INC. reported 2026 Full Year results: revenue $3.52 billion to $3.72 billion, net income $165 million to $195 million. Guidance reaffirmed.","evidence_excerpt":"2026 Full Year Guidance: The Company continues to expect 2026 net sales of $3.52 billion to $3.72 billion. This implies a year-over-year growth of 1% to 7% in 2026. The Company’s net earnings and adjusted EBITDA are projected to be $165 million to $195 million and $485 million to $525 million, respectively, with net earnings margin of 4.7% to 5.2% and adjusted EBITDA margin of 13.7% to 14.3%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1968915/000196891526000068/0001968915-26-000068-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2026 Full Year"},{"label":"Revenue","value":"$3.52 billion to $3.72 billion"},{"label":"Net income","value":"$165 million to $195 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}