Garrett Motion Inc.GTXEarnings & Financial Report
Garrett Motion Inc., formerly Honeywell Transportation Systems and Honeywell Turbo Technologies, is an American company primarily involved in engineering, development and manufacturing of turbochargers and related forced induction systems for ground vehicles from small passenger cars to large trucks and industrial equipment and construction machinery. It originated as part of Garrett AiResearch's Industrial Division in Phoenix, Arizona, in 1954, after which they entered a contract to provide ...
Revenue
$902.0M
Gross Profit
$186.0M
Operating Profit
$102.0M
Net Profit
$77.0M
Gross Margin
20.6%
Operating Margin
11.3%
Net Margin
8.5%
YoY Growth
9.2%
EPS
$0.38
Garrett Motion Inc. Q3 FY2025 Financial Summary
Garrett Motion Inc. reported revenue of $902.0M (up 9.2% YoY) for Q3 FY2025, with a net profit of $77.0M (up 48.1% YoY) (8.5% margin). Cost of goods sold was $716.0M, operating expenses totaled $84.0M.
Key Financial Metrics
| Total Revenue | $902.0M |
|---|---|
| Net Profit | $77.0M |
| Gross Margin | 20.6% |
| Operating Margin | 11.3% |
| Report Period | Q3 FY2025 |
Garrett Motion Inc. Annual Revenue by Year
Garrett Motion Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.6B |
| 2024 | $3.5B |
| 2023 | $3.9B |
| 2022 | $3.6B |
Garrett Motion Inc. Quarterly Revenue & Net Profit History
Garrett Motion Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $985.0M | +12.2% | $95.0M | 9.6% |
| Q4 FY2025 | $891.0M | +5.6% | $84.0M | 9.4% |
| Q3 FY2025 | $902.0M | +9.2% | $77.0M | 8.5% |
| Q2 FY2025 | $913.0M | +2.6% | $87.0M | 9.5% |
| Q1 FY2025 | $878.0M | -4.0% | $62.0M | 7.1% |
| Q4 FY2024 | $844.0M | -10.7% | $100.0M | 11.8% |
| Q3 FY2024 | $826.0M | -14.0% | $52.0M | 6.3% |
| Q2 FY2024 | $890.0M | -12.0% | $64.0M | 7.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $890.0M | $826.0M | $844.0M | $878.0M | $913.0M | $902.0M | $891.0M | $985.0M |
| YoY Growth | -12.0% | -14.0% | -10.7% | -4.0% | 2.6% | 9.2% | 5.6% | 12.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.23B | $2.15B | $2.28B | $2.27B | $2.40B | $2.44B | $2.37B | $2.37B |
| Liabilities | $2.95B | $2.93B | $2.95B | $2.98B | $3.21B | $3.25B | $3.17B | $3.15B |
| Equity | $-725.0M | $-778.0M | $-673.0M | $-700.0M | $-812.0M | $-813.0M | $-802.0M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $126.0M | $67.0M | $131.0M | $56.0M | $158.0M | $100.0M | $99.0M | $98.0M |