BorgWarner Inc (BWA) stock
Close on Oct 29, 2026Market cap $10.86BP/E 22.7Yield 1.05%
Earnings
BorgWarner's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of BorgWarner's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 10, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 29, 2026before the open | $3.49B | -2.9% | $1.08 | $1.39 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 5, 2026before the open | $3.65B | +0.3% | $1.34 | $1.42 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 6, 2026before the open | $3.53B | +0.5% | – | $1.24 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 11, 2026before the open | $3.57B | +3.9% | -$1.23 | $1.35 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 30, 2025before the open | $3.59B | +4.1% | $0.73 | $1.24 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 31, 2025before the open | $3.64B | +1.0% | $1.03 | $1.21 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 7, 2025before the open | $3.52B | -2.2% | $0.72 | $1.11 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 6, 2025before the open | $3.44B | -2.4% | -$1.84 | $1.01 | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 31, 2024before the open | $3.45B | -4.8% | $1.08 | $1.09 | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 31, 2024before the open | $3.60B | -20.3% | $1.39 | $1.19 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 2, 2024before the open | $3.60B | -14.0% | $0.93 | $1.03 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 8, 2024before the open | $3.52B | -14.3% | $0.64 | $0.90 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 2, 2023before the open | $3.62B | -10.8% | $0.37 | $0.98 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 2, 2023before the open | $4.52B | +20.2% | $0.87 | $1.35 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 4, 2023before the open | $4.18B | +7.9% | $0.93 | $1.09 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 9, 2023before the open | $4.11B | +12.4% | $1.09 | $1.26 | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 27, 2022before the open | $4.06B | +18.9% | $1.16 | $1.24 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 3, 2022before the open | $3.76B | – | $0.91 | $1.05 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 4, 2022before the open | $3.87B | – | $0.84 | $1.05 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 15, 2022before the open | $3.66B | – | $0.54 | $1.06 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 3, 2021before the open | $3.42B | – | $0.40 | $0.80 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 4, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 5, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 11, 2021before the open | – | – | – | – | Release |
| Q3 FY2020ended Sep 30, 2020 | Oct 29, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
BorgWarner's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Net salesGAAP | FY2026 | $14.00B – $14.20B | – | New | Oct 29, 2026 |
| Net sales | FY2026 | $14.00B – $14.30B | $14.00B – $14.30B | Reaffirmed | Aug 5, 2026 |
| adjusted operating marginnon-GAAP | FY2026 | 10.7% – 10.9% | – | New | Oct 29, 2026 |
| adjusted operating marginnon-GAAP | FY2026 | 10.7% – 10.9% | 10.7% – 10.9% | Reaffirmed | Aug 5, 2026 |
| U.S. GAAP operating marginGAAP | FY2026 | 9.3% – 9.6% | – | New | Oct 29, 2026 |
| U.S. GAAP operating marginGAAP | FY2026 | 9.6% – 9.8% | 9.7% – 9.9% | Lowered | Aug 5, 2026 |
| U.S. GAAP net earningsGAAP | FY2026 | $4.65 – $4.84 | – | New | Oct 29, 2026 |
| U.S. GAAP net earningsGAAP | FY2026 | $4.72 – $4.94 | $4.70 – $4.87 | Raised | Aug 5, 2026 |
| adjusted net earningsnon-GAAP | FY2026 | $5.20 – $5.35 | – | New | Oct 29, 2026 |
| adjusted net earningsnon-GAAP | FY2026 | $5.05 – $5.30 | $5.00 – $5.20 | Raised | Aug 5, 2026 |
| free cash flownon-GAAP | FY2026 | $900.00M – $1.10B | – | New | Oct 29, 2026 |
| free cash flownon-GAAP | FY2026 | $900.00M – $1.10B | $900.00M – $1.10B | Reaffirmed | Aug 5, 2026 |
| Full-year operating cash flow | FY2026 | $1.60B – $1.70B | $1.60B – $1.70B | Reaffirmed | May 6, 2026 |
| operating cash flowGAAP | FY2026 | $1.60B – $1.70B | – | New | Oct 29, 2026 |
| operating cash flow | FY2026 | $1.60B – $1.70B | – | Reaffirmed | Aug 5, 2026 |
Guidance vs results
The last range BorgWarner gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2025 | adjusted net earnings | $4.60 – $4.75 | $4.91Σ4Q | Above range |
| FY2025 | EPS (GAAP) | $3.52 – $3.63 | $1.25Σ4Q | Below range |
| FY2025 | Revenue | $14.10B – $14.30B | $14.32BΣ4Q | Above range |
Guidance history
Every forecast BorgWarner put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 29, 2026 | adjusted net earnings | FY2026 | $5.20 – $5.35 | New |
| Oct 29, 2026 | U.S. GAAP net earnings | FY2026 | $4.65 – $4.84 | New |
| Oct 29, 2026 | free cash flow | FY2026 | $900.00M – $1.10B | New |
| Oct 29, 2026 | U.S. GAAP operating margin | FY2026 | 9.3% – 9.6% | New |
| Oct 29, 2026 | adjusted operating margin | FY2026 | 10.7% – 10.9% | New |
| Oct 29, 2026 | operating cash flow | FY2026 | $1.60B – $1.70B | New |
| Oct 29, 2026 | Net sales | FY2026 | $14.00B – $14.20B | New |
| Aug 5, 2026 | adjusted net earnings | FY2026 | $5.05 – $5.30 | Raised |
| Aug 5, 2026 | U.S. GAAP net earnings | FY2026 | $4.72 – $4.94 | Raised |
| Aug 5, 2026 | free cash flow | FY2026 | $900.00M – $1.10B | Reaffirmed |
| Aug 5, 2026 | U.S. GAAP operating margin | FY2026 | 9.6% – 9.8% | Lowered |
| Aug 5, 2026 | adjusted operating margin | FY2026 | 10.7% – 10.9% | Reaffirmed |
| Aug 5, 2026 | operating cash flow | FY2026 | $1.60B – $1.70B | Reaffirmed |
| Aug 5, 2026 | Net sales | FY2026 | $14.00B – $14.30B | Reaffirmed |
| May 6, 2026 | adjusted net earnings | FY2026 | $5.00 – $5.20 | Reaffirmed |
| May 6, 2026 | U.S. GAAP net earnings | FY2026 | $4.70 – $4.87 | Lowered |
| May 6, 2026 | free cash flow | FY2026 | $900.00M – $1.10B | Reaffirmed |
| May 6, 2026 | U.S. GAAP operating margin | FY2026 | 9.7% – 9.9% | Lowered |
| May 6, 2026 | adjusted operating margin | FY2026 | 10.7% – 10.9% | Reaffirmed |
| May 6, 2026 | Full-year operating cash flow | FY2026 | $1.60B – $1.70B | Reaffirmed |
| May 6, 2026 | Net sales | FY2026 | $14.00B – $14.30B | Reaffirmed |
| Feb 11, 2026 | adjusted net earnings per diluted share | FY2026 | $5.00 – $5.20 | New |
| Feb 11, 2026 | U.S. GAAP net earnings per diluted share | FY2026 | $4.74 – $4.91 | New |
| Feb 11, 2026 | free cash flow | FY2026 | $900.00M – $1.10B | New |
| Feb 11, 2026 | U.S. GAAP operating margin | FY2026 | 9.8% – 10% | New |
| Feb 11, 2026 | adjusted operating margin | FY2026 | 10.7% – 10.9% | New |
| Feb 11, 2026 | Full-year operating cash flow | FY2026 | $1.60B – $1.70B | New |
| Feb 11, 2026 | Net sales | FY2026 | $14.00B – $14.30B | New |
| Oct 30, 2025 | adjusted net earnings | FY2025 | $4.60 – $4.75 | New |
| Oct 30, 2025 | Net earnings | FY2025 | $3.52 – $3.63 | New |
| Oct 30, 2025 | free cash flow | FY2025 | $850.00M – $950.00M | New |
| Oct 30, 2025 | U.S. GAAP operating margin | FY2025 | 7.8% – 7.9% | New |
| Oct 30, 2025 | adjusted operating margin | FY2025 | 10.3% – 10.5% | New |
| Oct 30, 2025 | operating cash flow | FY2025 | $1.43B – $1.48B | New |
| Oct 30, 2025 | net sales | FY2025 | $14.10B – $14.30B | New |
| Jul 31, 2025 | adjusted net earnings per diluted share | FY2025 | $4.45 – $4.65 | Raised |
| Jul 31, 2025 | Net earnings per diluted share | FY2025 | $3.80 – $3.97 | Raised |
| Jul 31, 2025 | free cash flow | FY2025 | $700.00M – $800.00M | Raised |
| Jul 31, 2025 | Operating income | FY2025 | $1.17B – $1.22B | Lowered |
| Jul 31, 2025 | Adjusted operating income | FY2025 | $1.42B – $1.48B | Raised |
| Jul 31, 2025 | U.S. GAAP operating margin | FY2025 | 8.3% – 8.5% | Narrowed |
| Jul 31, 2025 | adjusted operating margin | FY2025 | 10.1% – 10.3% | Raised |
| Jul 31, 2025 | operating cash flow | FY2025 | $1.37B – $1.42B | New |
| Jul 31, 2025 | net sales | FY2025 | $14.00B – $14.40B | Raised |
| May 7, 2025 | adjusted net earnings | FY2025 | $4.00 – $4.45 | Reaffirmed |
| May 7, 2025 | Net earnings | FY2025 | $3.44 – $3.85 | Lowered |
| May 7, 2025 | free cash flow | FY2025 | $650.00M – $750.00M | New |
| May 7, 2025 | operating margin | FY2025 | 8.1% – 8.6% | Lowered |
| May 7, 2025 | adjusted operating margin | FY2025 | 9.6% – 10.2% | Lowered |
| May 7, 2025 | operating cash flow | FY2025 | $1.32B – $1.38B | New |
| May 7, 2025 | Net sales | FY2025 | $13.60B – $14.20B | Raised |
| Feb 6, 2025 | adjusted net earnings | FY2025 | $4.05 – $4.40 | New |
| Feb 6, 2025 | Net earnings | FY2025 | $3.84 – $4.12 | New |
| Feb 6, 2025 | Operating income | FY2025 | $1.22B – $1.28B | New |
| Feb 6, 2025 | Adjusted operating income | FY2025 | $1.35B – $1.43B | New |
| Feb 6, 2025 | Operating margin | FY2025 | 9.1% – 9.2% | New |
| Feb 6, 2025 | adjusted operating margin | FY2025 | 10% – 10.2% | New |
| Feb 6, 2025 | Net sales | FY2025 | $13.40B – $14.00B | New |
| Oct 31, 2024 | Capital expenditures, including tooling outlays | FY2024 | -$850.00M – -$800.00M | New |
| Oct 31, 2024 | adjusted net earnings | FY2024 | $4.15 – $4.30 | Raised |
| Oct 31, 2024 | Net earnings | FY2024 | $4.17 – $4.28 | Raised |
| Oct 31, 2024 | free cash flow | FY2024 | $475.00M – $575.00M | New |
| Oct 31, 2024 | Operating income | FY2024 | $1.13B – $1.16B | New |
| Oct 31, 2024 | Adjusted operating income | FY2024 | $1.38B – $1.42B | New |
| Oct 31, 2024 | Operating margin | FY2024 | 8.1% – 8.2% | Lowered |
| Oct 31, 2024 | adjusted operating margin | FY2024 | 9.8% – 10% | Raised |
| Oct 31, 2024 | operating cash flow | FY2024 | $1.33B – $1.38B | Lowered |
| Oct 31, 2024 | Net sales | FY2024 | $14.00B – $14.20B | New |
| Oct 31, 2024 | eProduct sales | FY2024 | $2.40B | Lowered |
| Jul 31, 2024 | adjusted net earnings | FY2024 | $3.95 – $4.15 | Raised |
| Jul 31, 2024 | Net earnings | FY2024 | $3.88 – $4.05 | Raised |
| Jul 31, 2024 | free cash flow | FY2024 | $475.00M – $575.00M | Reaffirmed |
| Jul 31, 2024 | Operating margin | FY2024 | 8.2% – 8.3% | Lowered |
| Jul 31, 2024 | adjusted operating margin | FY2024 | 9.6% – 9.8% | Raised |
| Jul 31, 2024 | operating cash flow | FY2024 | $1.33B – $1.38B | Reaffirmed |
| Jul 31, 2024 | Net sales | FY2024 | $14.10B – $14.40B | Lowered |
| May 2, 2024 | adjusted net earnings | FY2024 | $3.80 – $4.15 | Raised |
| May 2, 2024 | Net earnings | FY2024 | $3.54 – $3.86 | Lowered |
| May 2, 2024 | free cash flow | FY2024 | $475.00M – $575.00M | Reaffirmed |
| May 2, 2024 | Operating margin | FY2024 | 8.2% – 8.5% | Lowered |
| May 2, 2024 | adjusted operating margin | FY2024 | 9.2% – 9.6% | Reaffirmed |
| May 2, 2024 | operating cash flow | FY2024 | $1.33B – $1.38B | Reaffirmed |
| May 2, 2024 | organic sales | FY2024 | +2% – +5% | Raised |
| May 2, 2024 | Net sales | FY2024 | $14.40B – $14.90B | Reaffirmed |
| Feb 8, 2024 | adjusted net earnings | FY2024 | $3.65 – $4.00 | New |
| Feb 8, 2024 | Net earnings | FY2024 | $3.56 – $3.88 | New |
| Feb 8, 2024 | free cash flow | FY2024 | $475.00M – $575.00M | New |
| Feb 8, 2024 | Operating margin | FY2024 | 8.5% – 8.9% | New |
| Feb 8, 2024 | adjusted operating margin | FY2024 | 9.2% – 9.6% | New |
| Feb 8, 2024 | eProduct sales | FY2024 | $2.50B – $2.80B | New |
| Feb 8, 2024 | operating cash flow | FY2024 | $1.33B – $1.38B | New |
| Feb 8, 2024 | organic increase in sales | FY2024 | +1% – +5% | New |
| Feb 8, 2024 | Net sales | FY2024 | $14.40B – $14.90B | New |
| Nov 2, 2023 | adjusted net earnings per diluted share | FY2023 | $3.60 – $3.80 | Narrowed |
| Nov 2, 2023 | Net earnings per diluted share | FY2023 | $2.65 – $2.81 | Raised |
| Nov 2, 2023 | free cash flow | FY2023 | $400.00M – $450.00M | Lowered |
| Nov 2, 2023 | Operating margin | FY2023 | 8.1% – 8.2% | Raised |
| Nov 2, 2023 | adjusted operating margin | FY2023 | 9.4% – 9.6% | Raised |
| Nov 2, 2023 | organic sales | FY2023 | +12% – +14% | New |
| Nov 2, 2023 | eProduct sales | FY2023 | $2.00B – $2.10B | Raised |
| Nov 2, 2023 | operating cash | FY2023 | $1.20B – $1.25B | Lowered |
| Nov 2, 2023 | Net sales | FY2023 | $14.10B – $14.30B | Lowered |
| Aug 2, 2023 | adjusted net earnings from continuing operations | FY2023 | $3.50 – $3.85 | Lowered |
| Aug 2, 2023 | Net earnings from continuing operations | FY2023 | $2.58 – $2.75 | Lowered |
| Aug 2, 2023 | free cash flow from continuing operations | FY2023 | $400.00M – $500.00M | Lowered |
| Aug 2, 2023 | Operating margin from continuing operations | FY2023 | 7.6% – 8% | Lowered |
| Aug 2, 2023 | adjusted operating margin from continuing operations | FY2023 | 9.2% – 9.6% | Lowered |
| Aug 2, 2023 | operating cash from continuing operations | FY2023 | $1.00B – $1.15B | Lowered |
| Aug 2, 2023 | Net sales | FY2023 | $14.20B – $14.60B | New |
| May 4, 2023 | Net earnings | FY2023 | $3.87 – $4.24 | Raised |
| May 4, 2023 | free cash flow | FY2023 | $550.00M – $650.00M | Reaffirmed |
| May 4, 2023 | Operating margin | FY2023 | 8.7% – 9% | Raised |
| May 4, 2023 | adjusted operating margin | FY2023 | 10% – 10.4% | Reaffirmed |
| May 4, 2023 | operating cash flow | FY2023 | $1.40B – $1.55B | Reaffirmed |
| May 4, 2023 | Net sales | FY2023 | $17.10B – $17.90B | Raised |
| Feb 9, 2023 | adjusted net earnings | FY2023 | $4.50 – $5.00 | New |
| Feb 9, 2023 | Net earnings | FY2023 | $3.81 – $4.13 | New |
| Feb 9, 2023 | free cash flow | FY2023 | $550.00M – $650.00M | New |
| Feb 9, 2023 | Operating margin | FY2023 | 8.6% – 9% | New |
| Feb 9, 2023 | adjusted operating margin | FY2023 | 10% – 10.4% | New |
| Feb 9, 2023 | electric vehicle sales | FY2023 | $1.50B – $1.80B | New |
| Feb 9, 2023 | operating cash flow | FY2023 | $1.40B – $1.55B | New |
| Feb 9, 2023 | organic increase in sales | FY2023 | +7% – +12% | New |
| Feb 9, 2023 | Net sales | FY2023 | $16.70B – $17.50B | New |
| Oct 27, 2022 | adjusted net earnings | FY2022 | $4.25 – $4.45 | Raised |
| Oct 27, 2022 | Net earnings | FY2022 | $3.71 – $3.91 | Raised |
| Oct 27, 2022 | free cash flow | FY2022 | $650.00M – $750.00M | Reaffirmed |
| Oct 27, 2022 | Operating margin | FY2022 | 8.6% – 8.9% | Raised |
| Oct 27, 2022 | adjusted operating margin | FY2022 | 10% – 10.2% | Raised |
| Oct 27, 2022 | operating cash flow | FY2022 | $1.45B – $1.50B | Lowered |
| Oct 27, 2022 | Net sales | FY2022 | $15.40B – $15.70B | Lowered |
| Aug 3, 2022 | adjusted net earnings per diluted share | FY2022 | $4.00 – $4.40 | Raised |
| Aug 3, 2022 | Net earnings per diluted share | FY2022 | $3.40 – $3.80 | Raised |
| Aug 3, 2022 | free cash flow | FY2022 | $650.00M – $750.00M | Reaffirmed |
| Aug 3, 2022 | Operating margin | FY2022 | 8.4% – 8.8% | Lowered |
| Aug 3, 2022 | adjusted operating margin | FY2022 | 9.8% – 10.2% | Reaffirmed |
| Aug 3, 2022 | operating cash flow | FY2022 | $1.50B – $1.55B | Reaffirmed |
| Aug 3, 2022 | Net sales | FY2022 | $15.50B – $16.00B | Lowered |
| May 4, 2022 | adjusted net earnings | FY2022 | $3.90 – $4.25 | Lowered |
| May 4, 2022 | Net earnings | FY2022 | $3.39 – $3.77 | Lowered |
| May 4, 2022 | free cash flow | FY2022 | $650.00M – $750.00M | Lowered |
| May 4, 2022 | Operating margin | FY2022 | 8.5% – 9% | Lowered |
| May 4, 2022 | adjusted operating margin | FY2022 | 9.8% – 10.2% | Lowered |
| May 4, 2022 | operating cash flow | FY2022 | $1.50B – $1.55B | Lowered |
| May 4, 2022 | organic sales | FY2022 | +10% – +13% | Lowered |
| May 4, 2022 | Net sales | FY2022 | $15.50B – $16.00B | New |
| Feb 15, 2022 | adjusted net earnings | FY2022 | $4.15 – $4.60 | New |
| Feb 15, 2022 | Net earnings | FY2022 | $3.71 – $4.19 | New |
| Feb 15, 2022 | free cash flow | FY2022 | $700.00M – $800.00M | New |
| Feb 15, 2022 | Operating margin | FY2022 | 8.7% – 9.4% | New |
| Feb 15, 2022 | adjusted operating margin | FY2022 | 10.2% – 10.7% | New |
| Feb 15, 2022 | operating cash flow | FY2022 | $1.60B – $1.65B | New |
| Feb 15, 2022 | organic increase in sales | FY2022 | +10% – +14% | New |
| Feb 15, 2022 | Net sales | FY2022 | $15.90B – $16.50B | New |
| Nov 3, 2021 | adjusted net earnings | FY2021 | $3.65 – $3.95 | New |
| Nov 3, 2021 | Net earnings | FY2021 | $2.07 – $2.55 | New |
| Nov 3, 2021 | free cash flow | FY2021 | $600.00M – $700.00M | New |
| Nov 3, 2021 | Operating income | FY2021 | $1.14B – $1.28B | New |
| Nov 3, 2021 | Adjusted operating income | FY2021 | $1.38B – $1.47B | New |
| Nov 3, 2021 | Operating margin | FY2021 | 7.9% – 8.7% | New |
| Nov 3, 2021 | adjusted operating margin | FY2021 | 9.6% – 10% | New |
| Nov 3, 2021 | operating cash flow | FY2021 | $1.28B – $1.40B | New |
| Nov 3, 2021 | organic sales | FY2021 | +8.5% – +11% | New |
| Nov 3, 2021 | net sales | FY2021 | $14.40B – $14.70B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases BorgWarner filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- Results
- Update
- Update
- Results
- Update
- Results
- Update
- Update
- Results
- Results
- Results
- Results
- Update