Recent 8-K filings for GTX
Highest-materiality recent filing
Garrett Motion Q2 net sales $913M (+3%), net income $87M; raises FY 2025 outlook
- Net income $87M (margin 9.5%) vs $64M in Q2 2024; Adjusted EBIT $124M (13.6% margin).
- Net cash from ops $158M; Adjusted free cash flow $121M; share repurchases $22M and dividend $0.06/share declared.
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Garrett Motion reprices $635M term loan, rate cut 25bps to SOFR+175bps, repays $50M early
Interest rate on $635M term loan reduced 25 bps to SOFR + 175 bps, effective May 18, 2026.
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Garrett Motion Q1 2026 net sales $985M (+12%), net income $95M, raises full-year outlook
Net sales $985M, up 12% reported and 6% constant currency vs Q1 2025; net income $95M (9.6% margin).
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Q4 net sales $891M (+6% reported, +1% constant currency); net income $84M (9.4% margin).
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Garrett Motion Q3 net sales $902M (+9% YoY), net income $77M, raises outlook, hikes dividend 33%
Net sales $902M (+9% YoY); net income $77M (8.5% margin) vs $52M in Q3 2024.
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Garrett Motion Q2 net sales $913M (+3%), net income $87M; raises FY 2025 outlook
Net income $87M (margin 9.5%) vs $64M in Q2 2024; Adjusted EBIT $124M (13.6% margin).
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Garrett Motion launches secondary offering of 17M shares and concurrent $25M buyback
Secondary offering of 17,000,000 shares by Oaktree, Centerbridge and Cyrus Capital affiliates.
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Net sales $878M (down 4% YoY); net income $62M, net income margin 7.1% vs. 7.2% prior year.
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Garrett Motion Q4 net sales down 11% to $844M, adjusted EBITDA margin expands 90bps to 18.1%
Full-year net sales $3,475M (-11% YoY); net income $282M, net income margin 8.1%.
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Garrett Motion refinances $692M term loan and upsizes revolver to $630M, lowers rate 50 bps
Refinanced $692M term loan, new maturity Jan 30, 2032, initial rate SOFR+225 bps (50 bps reduction from prior).
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Garrett Motion Q3 net sales fall 14% to $826M; adj. EBITDA margin improves to 17.4%
Net sales $826M, down 14% YoY; driven by industry softness in Europe/China and OEM competition.
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Garrett Motion Q2 net sales $890M (-12% YoY), net income $64M, updates FY outlook
Net sales $890M, down 12% YoY (10% constant currency); net income $64M (7.2% margin).
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Garrett Motion closes $800M 7.750% Senior Notes due 2032; amends credit facility to lower rates
$800M aggregate principal of 7.750% Senior Notes due 2032 issued; proceeds to repay ~$800M of term loan debt.
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Garrett Motion Q1 net sales $915M (-6% YoY), net income $66M, repurchased $109M stock
Net sales $915M, down 6% reported and 5% constant currency; net income $66M ($81M Q1 2023).
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.70 · Most common event earnings