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Side-by-side financial comparison of Magnera Corp (MAGN) and PHINIA INC. (PHIN). Click either name above to swap in a different company.

PHINIA INC. is the larger business by last-quarter revenue ($889.0M vs $792.0M, roughly 1.1× Magnera Corp). On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 6.7%). PHINIA INC. produced more free cash flow last quarter ($67.0M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 1.5%).

PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.

MAGN vs PHIN — Head-to-Head

Bigger by revenue
PHIN
PHIN
1.1× larger
PHIN
$889.0M
$792.0M
MAGN
Growing faster (revenue YoY)
MAGN
MAGN
+6.1% gap
MAGN
12.8%
6.7%
PHIN
More free cash flow
PHIN
PHIN
$80.0M more FCF
PHIN
$67.0M
$-13.0M
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
1.5%
PHIN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAGN
MAGN
PHIN
PHIN
Revenue
$792.0M
$889.0M
Net Profit
$-34.0M
Gross Margin
12.2%
21.7%
Operating Margin
1.8%
7.8%
Net Margin
-4.3%
Revenue YoY
12.8%
6.7%
Net Profit YoY
43.3%
EPS (diluted)
$-0.95
$1.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAGN
MAGN
PHIN
PHIN
Q4 25
$792.0M
$889.0M
Q3 25
$908.0M
Q2 25
$839.0M
$890.0M
Q1 25
$824.0M
$796.0M
Q4 24
$702.0M
$833.0M
Q3 24
$332.1M
$839.0M
Q2 24
$556.0M
$868.0M
Q1 24
$558.0M
$863.0M
Net Profit
MAGN
MAGN
PHIN
PHIN
Q4 25
$-34.0M
Q3 25
$13.0M
Q2 25
$-18.0M
$46.0M
Q1 25
$-41.0M
$26.0M
Q4 24
$-60.0M
Q3 24
$-15.2M
$31.0M
Q2 24
$19.0M
$14.0M
Q1 24
$14.0M
$29.0M
Gross Margin
MAGN
MAGN
PHIN
PHIN
Q4 25
12.2%
21.7%
Q3 25
22.0%
Q2 25
10.7%
22.1%
Q1 25
10.7%
21.6%
Q4 24
10.1%
22.7%
Q3 24
10.7%
22.3%
Q2 24
6.6%
21.7%
Q1 24
6.2%
22.2%
Operating Margin
MAGN
MAGN
PHIN
PHIN
Q4 25
1.8%
7.8%
Q3 25
3.7%
Q2 25
1.5%
10.0%
Q1 25
0.5%
7.8%
Q4 24
-3.1%
6.1%
Q3 24
0.9%
7.9%
Q2 24
3.1%
8.2%
Q1 24
3.8%
8.2%
Net Margin
MAGN
MAGN
PHIN
PHIN
Q4 25
-4.3%
Q3 25
1.4%
Q2 25
-2.1%
5.2%
Q1 25
-5.0%
3.3%
Q4 24
-8.5%
Q3 24
-4.6%
3.7%
Q2 24
3.4%
1.6%
Q1 24
2.5%
3.4%
EPS (diluted)
MAGN
MAGN
PHIN
PHIN
Q4 25
$-0.95
$1.14
Q3 25
$0.33
Q2 25
$-0.51
$1.14
Q1 25
$-1.15
$0.63
Q4 24
$-1.69
$0.13
Q3 24
$-0.33
$0.70
Q2 24
$0.60
$0.31
Q1 24
$0.44
$0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAGN
MAGN
PHIN
PHIN
Cash + ST InvestmentsLiquidity on hand
$264.0M
$359.0M
Total DebtLower is stronger
$1.9B
$970.0M
Stockholders' EquityBook value
$1.0B
$1.6B
Total Assets
$3.9B
$3.8B
Debt / EquityLower = less leverage
1.86×
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
PHIN
PHIN
Q4 25
$264.0M
$359.0M
Q3 25
$349.0M
Q2 25
$276.0M
$347.0M
Q1 25
$282.0M
$373.0M
Q4 24
$215.0M
$484.0M
Q3 24
$230.0M
$477.0M
Q2 24
$33.9M
$339.0M
Q1 24
$30.2M
$325.0M
Total Debt
MAGN
MAGN
PHIN
PHIN
Q4 25
$1.9B
$970.0M
Q3 25
$990.0M
Q2 25
$2.0B
$990.0M
Q1 25
$2.0B
$989.0M
Q4 24
$2.0B
$988.0M
Q3 24
$2.0B
$987.0M
Q2 24
$877.4M
$821.0M
Q1 24
$884.7M
$706.0M
Stockholders' Equity
MAGN
MAGN
PHIN
PHIN
Q4 25
$1.0B
$1.6B
Q3 25
$1.6B
Q2 25
$1.1B
$1.6B
Q1 25
$1.1B
$1.5B
Q4 24
$1.1B
$1.6B
Q3 24
$2.1B
$1.7B
Q2 24
$2.4B
$1.7B
Q1 24
$2.4B
$1.9B
Total Assets
MAGN
MAGN
PHIN
PHIN
Q4 25
$3.9B
$3.8B
Q3 25
$4.0B
Q2 25
$4.1B
$3.9B
Q1 25
$4.1B
$3.7B
Q4 24
$4.0B
$3.8B
Q3 24
$2.8B
$4.0B
Q2 24
$1.5B
$3.9B
Q1 24
$1.5B
$4.0B
Debt / Equity
MAGN
MAGN
PHIN
PHIN
Q4 25
1.86×
0.61×
Q3 25
0.62×
Q2 25
1.77×
0.61×
Q1 25
1.83×
0.64×
Q4 24
1.80×
0.63×
Q3 24
0.91×
0.58×
Q2 24
0.37×
0.47×
Q1 24
0.36×
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAGN
MAGN
PHIN
PHIN
Operating Cash FlowLast quarter
$2.0M
$96.0M
Free Cash FlowOCF − Capex
$-13.0M
$67.0M
FCF MarginFCF / Revenue
-1.6%
7.5%
Capex IntensityCapex / Revenue
1.9%
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$188.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
PHIN
PHIN
Q4 25
$2.0M
$96.0M
Q3 25
$119.0M
Q2 25
$0
$57.0M
Q1 25
$65.0M
$40.0M
Q4 24
$-58.0M
$73.0M
Q3 24
$12.2M
$95.0M
Q2 24
$38.0M
$109.0M
Q1 24
$20.0M
$31.0M
Free Cash Flow
MAGN
MAGN
PHIN
PHIN
Q4 25
$-13.0M
$67.0M
Q3 25
$93.0M
Q2 25
$23.0M
Q1 25
$42.0M
$5.0M
Q4 24
$-74.0M
$53.0M
Q3 24
$3.6M
$70.0M
Q2 24
$23.0M
$92.0M
Q1 24
$12.5M
$-12.0M
FCF Margin
MAGN
MAGN
PHIN
PHIN
Q4 25
-1.6%
7.5%
Q3 25
10.2%
Q2 25
2.6%
Q1 25
5.1%
0.6%
Q4 24
-10.5%
6.4%
Q3 24
1.1%
8.3%
Q2 24
4.1%
10.6%
Q1 24
2.2%
-1.4%
Capex Intensity
MAGN
MAGN
PHIN
PHIN
Q4 25
1.9%
3.3%
Q3 25
2.9%
Q2 25
1.5%
3.8%
Q1 25
2.8%
4.4%
Q4 24
2.3%
2.4%
Q3 24
2.6%
3.0%
Q2 24
2.7%
2.0%
Q1 24
1.3%
5.0%
Cash Conversion
MAGN
MAGN
PHIN
PHIN
Q4 25
Q3 25
9.15×
Q2 25
1.24×
Q1 25
1.54×
Q4 24
Q3 24
3.06×
Q2 24
2.00×
7.79×
Q1 24
1.43×
1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

PHIN
PHIN

Customer$618.0M70%
Fuel Systems$194.0M22%
Other$77.0M9%

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