PHIN - Earnings announcements

PHINIA Inc. (NYSE:PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2026. 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

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter Highlights: Net sales of $889 million, an increase of 6.7% compared with Q4 2024. Excluding the impacts of foreign currency and acquisitions, increases of $25 million and $12 million, respectively, net sales increased $19 million or 2.3%, primarily driven by tariff recoveries and increased volumes in Asia and Americas, partially offset by reduced volumes in Europe. Net earnings of $45 million and net margin of 5.1%, representing a year-over-year increase of $40 million and 4

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the third quarter ended September 30, 2025. Third Quarter Highlights: Completed the acquisition of Swedish Electromagnet Invest AB (SEM), a provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors for approximately $47 million. Net sales of $908 million, an increase of 8.2% compared with Q3 2024. Excluding the impacts of foreign currency and the acquisition of SEM, increases of $19 million and $8 million, respectively, adjusted sales increased $43 million or 5.1%, primarily d

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the second quarter ended June 30, 2025. Second Quarter Highlights: On June 10, 2025, PHINIA entered into a definitive agreement to acquire Swedish Electromagnet Invest AB (SEM), a prominent provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors for approximately $47 million. The transaction is expected to close in the third quarter of 2025. Net sales of $890 million, an increase of 2.5% compared with Q2 2024. Excluding the impacts of foreign currency and contract manufactur

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2025. First Quarter Highlights: Net sales of $796 million, a decrease of 7.8% compared with Q1 2024. Excluding the decreases related to foreign currency and contract manufacturing agreements that ended in 2024, $16 million and $17 million, respectively, sales decreased $34 million or 4.1%, driven by lower original equipment manufacturer (OEM) sales across all regions. Net earnings of $26 million and net margin of 3.3%, representing a year-over-year decrease of $3 million and 10 bps, respectively. Adjusted EBITDA of

PHINIA Board Declares Quarterly Dividend of $0.27 Per Common Share and Authorizes $200 Million Increase to Share Repurchase Program PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter Highlights: Net sales of $833 million, a decrease of 5.6% compared with Q4 2023. Lower Fuel Systems (FS) sales across all regions partially offset by strong Aftermarket sales across all regions led to a slight year-over-year decrease of 2.9%, when adjusted for contract manufacturing agreements in 2023. Operating income of $51 million and operat

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the third quarter ended September 30, 2024. Third Quarter Highlights: Net sales of $839 million, a decrease of 6.4% compared with Q3 2023. Lower Fuel Systems (FS) sales in Europe and China partially offset by strong Aftermarket segment sales in Europe led to lower net sales compared to Q3 2023. Excluding the effects of contract manufacturing that ended in the quarter, adjusted sales were $838 million, down 3.7% year-over-year. Operating income of $66 million and operating margin of 7.9%, representing a year-over-year increase of $20 million and 280

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the second quarter ended June 30, 2024. Second Quarter Highlights: Net sales of $868 million, a decrease of 2.1% compared with Q2 2023. Excluding $5 million of contract manufacturing sales, sales were down slightly compared to Q2 2023. Lower commercial vehicle (CV) sales in Europe and light vehicle (LV) sales in China were partially offset by favorable mix within the Aftermarket segment. Operating income of $71 million and operating margin of 8.2%, representing a year-over-year increase of $15 million and 190 basis points (bps), respectively.

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2024. First Quarter Highlights: U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023. Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle sales in Europe. Operating income of $71 million and adjusted operating income of $97 million includes the benefit of a supplier settlement and inflationary pass-through. Operating margin of 8.2% and an adjusted operating margi

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today reported its fourth quarter and full year ended December 31, 2023 results. Fourth Quarter Highlights: U.S. GAAP net sales of $882 million, an increase of 3.6% compared with Q4 2022. Excluding $24 million of contract manufacturing sales, sales were up slightly compared to Q4 2022. Positive customer pricing, positive FX and growth in light vehicle original equipment (OE) sales were partially offset by lower commercial vehicle (CV) OE sales in China. Operating income of $81 million and adjusted operating income of $89 million, resulting in an operating margin of 9.2% and

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today reported its third quarter ended September 30, 2023 results and updated full year 2023 guidance. Third Quarter Highlights: U.S. GAAP net sales of $896 million, an increase of 4.3% compared with Q3 2022. Excluding $26 million of contract manufacturing sales, sales were up slightly compared to Q3 2022. Including currency and pricing tailwinds, growth in light vehicle original equipment (OE) sales were partially offset by lower commercial vehicle OE sales in China. Operating income of $58 million and adjusted operating income of $82 million, resulting in an operating marg

PHINIA Inc. (NYSE:PHIN), a leader in premium fuel systems, electrical systems, and aftermarket products, today reported its second quarter 2023 results and reaffirmed its full-year outlook. PHINIA operated as part of BorgWarner Inc. for the entire second quarter of 2023 prior to the spin-off on July 3rd, and the historical financial measures presented in this release were derived from BorgWarner Inc.'s accounting records and are presented on a carve-out basis. Second Quarter Highlights: Sales growth of 11.4% year-over-year to $887 million. Operating income of $56 million and adjusted operating income of $94 million, resulting in an operating margin of 6.3% and an adjusted operating