Earnings summaries and quarterly performance for BORGWARNER.
Executive leadership at BORGWARNER.
Joseph Fadool
Detailed
Chief Executive Officer
CEO
CA
Craig Aaron
Detailed
Executive Vice President and Chief Financial Officer
SD
Stefan Demmerle
Detailed
Vice President and President and General Manager, BorgWarner PowerDrive Systems
TC
Tonit Calaway
Detailed
Executive Vice President, Chief Administrative Officer, General Counsel and Secretary
Board of directors at BORGWARNER.
Research analysts who have asked questions during BORGWARNER earnings calls.
Dan Levy
Barclays PLC
6 questions for BWA
Also covers: ADNT, ALV, APTV +15 more
Luke Junk
Robert W. Baird & Co.
6 questions for BWA
Also covers: ALSN, APH, BB +11 more
James Picariello
BNP Paribas
5 questions for BWA
Also covers: ADNT, APTV, AXL +12 more
JS
Joseph Spak
UBS Group AG
5 questions for BWA
Also covers: ADNT, APH, APTV +17 more
Colin Langan
Wells Fargo & Company
4 questions for BWA
Also covers: ADNT, ALV, AN +12 more
ER
Emmanuel Rosner
Wolfe Research
4 questions for BWA
Also covers: ADNT, ALV, APTV +11 more
MD
Mark Delaney
The Goldman Sachs Group, Inc.
4 questions for BWA
Also covers: APH, APTV, AUR +24 more
CM
Chris McNally
Evercore ISI
3 questions for BWA
Also covers: ALV, APTV, AUR +4 more
John Murphy
Bank of America
3 questions for BWA
Also covers: ABG, ADNT, AN +16 more
AP
Alex Potter
Piper Sandler & Co.
2 questions for BWA
Also covers: ASPN, CVNA, LILM +2 more
CL
Colin Langan
Wells Fargo
2 questions for BWA
Also covers: DAN, MG
EY
Edison Yu
Deutsche Bank
2 questions for BWA
Also covers: ACHR, ADNT, ALV +20 more
JS
Joseph Spack
UBS
1 question for BWA
Also covers: F, PHIN
Noah Kaye
Oppenheimer & Co. Inc.
1 question for BWA
Also covers: AAON, AMRC, CARR +16 more
RB
Ryan Brinkman
JPMorgan Chase & Co.
1 question for BWA
Also covers: AXL, CAR, CWH +8 more
Recent press releases and 8-K filings for BWA.
BorgWarner outlines 2025 performance and 2026 strategic priorities
BWA
Guidance Update
New Projects/Investments
Share Buyback
- BorgWarner delivered 60 bp adjusted operating margin expansion, 14 % EPS growth and a record $1.2 billion free cash flow in 2025, alongside 30 new program wins and a $300 million turbine generator supply agreement.
- For 2026, the company’s priorities are driving profitable launches and supply-chain productivity to expand margins, winning new foundational and e-product business, and returning over 50 % of free cash flow via dividends and share buybacks.
- Management targets 10.8 %–10.9 % adjusted operating margin (from 10.7 % in 2025), $1 billion free cash flow at midpoint, and has authorized $100 million of share repurchases in Q1 2026.
- The turbine generator project with Endeavour/TurboCell leverages BorgWarner’s automotive scale and internal development (65 % content) for a 2 GW-capable system, aiming for a 2027 launch and initial revenues of $300 million.
Feb 19, 2026, 2:15 PM
BorgWarner outlines 2025 results and 2026 strategy at Barclays conference
BWA
Guidance Update
New Projects/Investments
Share Buyback
- Delivered 60 bps adj. operating margin expansion, 14% EPS growth and record $1.2 B free cash flow in 2025; secured 30 new business awards and a supply agreement for a turbine generator with $300 M initial 2027 revenue.
- 2026 priorities include executing profitable launches, optimizing cost structure and driving performance to expand margins by 10–20 bps despite muted organic growth, with core business growth expected to resume in 2027.
- Shifted organizational focus from e-products only to unlocking growth across all four segments, resulting in record foundational wins, including new turbocharger and torque-management solutions.
- Preparing to launch a scalable 1–2 MW turbine generator in partnership with Endeavour, with 65% BorgWarner-developed content, 45 s start-up time and multi-fuel capability targeting data center and industrial power markets.
- Generated $1.2 B free cash flow in 2025, returned over 50% via dividends and a $500 M share buyback; guiding ~$1.0 B free cash flow in 2026 with a $100 M buyback in Q1.
Feb 19, 2026, 2:15 PM
BorgWarner highlights 2025 results and 2026 strategy at Barclays conference
BWA
New Projects/Investments
Share Buyback
Guidance Update
- BorgWarner delivered 60 bps of adjusted operating margin expansion, 14 % EPS growth and a record $1.2 billion of free cash flow in 2025, and secured a turbine generator supply agreement expected to generate $300 million in initial revenue next year.
- For 2026, management’s top priorities are to drive financial performance and discipline to expand margins, continue winning new business across foundational products and eProducts, and return over 50 % of free cash flow via dividends and share buybacks while evaluating inorganic growth opportunities.
- The turbine generator partnership with Endeavour (TurboCell) has been under development for over three years; BorgWarner will supply 65 % of the modular 1–2 MW system components—leveraging in-house turbocharger, motor, inverter and controls expertise—with global, scalable backup and primary power applications.
- In 2025, BorgWarner returned $630 million to shareholders through a 55 % dividend increase and $500 million of share repurchases; it targets $1 billion of free cash flow in 2026 and has committed to at least $100 million of buybacks in Q1 2026.
Feb 19, 2026, 2:15 PM
BorgWarner reports Q4 2025 results
BWA
Earnings
Guidance Update
Share Buyback
- Q4 2025 net sales of $3.572 B, adj. operating margin of 12.0%, adj. diluted EPS of $1.35 and free cash flow of $470 M.
- FY 2025 net sales of $14.316 B, adj. EPS up 14% to $4.91, and free cash flow of $1.208 B (up 66% YoY).
- 2026 guidance: net sales of $14.0–14.3 B, adj. operating margin 10.7–10.9%, adj. EPS $5.00–5.20, and free cash flow $900 M–$1.1 B.
- Share repurchases: $1.3 B bought over four years; $600 M remaining authorization.
- Secured record light-vehicle awards and signed a data center power generation supply agreement with expected 2027 sales over $300 M.
Feb 11, 2026, 2:30 PM
BorgWarner reports Q4 2025 results and 2026 guidance
BWA
Earnings
Guidance Update
Product Launch
- BorgWarner delivered $14.3 billion in net sales for 2025, up ~$0.2 billion year-over-year, with a full-year 10.7% adjusted operating margin (+60 bps) and 14% EPS growth.
- In Q4 2025, sales reached $3.6 billion, adjusted operating margin was 12.0%, adjusted EPS rose by $0.34, and free cash flow was $470 million (full-year FCF of $1.2 billion, +66% yoy).
- For 2026, management guides to sales of $14.0–14.3 billion and an adjusted operating margin of 10.7%–10.9%.
- Announced a Turbine Generator System for data centers under a Master Supply Agreement, targeting $300 million in 2027 revenues at mid-teens incremental margin, with production start in 2027.
Feb 11, 2026, 2:30 PM
BorgWarner reports Q4 and full-year 2025 results
BWA
Earnings
Guidance Update
Product Launch
- Full-year net sales of $14.3 billion, up $200 million; Q4 sales of $3.6 billion supported by 23% growth in light vehicle e-products.
- Adjusted operating margin of 10.7% for 2025 (up 60 bps) and 12.0% in Q4 2025 versus 10.2% a year ago.
- Adjusted EPS grew 14% and free cash flow reached $1.2 billion (up 66%); returned over 50% of FCF to shareholders through share buybacks and dividends.
- Signed a Master Supply Agreement with TurboCell for a Turbine Generator System, with production ramp in 2027 and expected >$300 million first-year sales.
- 2026 guidance: sales of $14.0–14.3 billion, margin of 10.7–10.9%, EPS of $5.00–5.20 (+4% at midpoint), and free cash flow of $900 million–$1.1 billion.
Feb 11, 2026, 2:30 PM
BorgWarner reports Q4 2025 results and 2026 outlook
BWA
Earnings
Guidance Update
Share Buyback
- Q4 sales of $3.6 billion, up from $3.4 billion YOY driven by a $104 million FX benefit and modest organic growth; adjusted operating income was $427 million (12.0% margin vs 10.2% prior year), EPS up $0.34, and Q4 free cash flow of $470 million ($1.2 billion full-year, +66%).
- 2026 guidance: sales $14.0–$14.3 billion, adjusted operating margin 10.7–10.9%, EPS $5.00–$5.20, and free cash flow $900 million–$1.1 billion.
- Signed a master supply agreement for a Turbine Generator System with TurboCell, targeting ramp in 2027 and >$300 million in first-year sales, with mid-teens incremental margin and immediate EPS accretion.
- Returned $630 million to shareholders in 2025 (52% of free cash flow), including $400 million in H2 share repurchases; $600 million remains under authorization.
Feb 11, 2026, 2:30 PM
BorgWarner reports Q4 2025 results and 2026 guidance
BWA
Earnings
Guidance Update
New Projects/Investments
- Returned approximately $630 million to shareholders in 2025 through buybacks and dividends.
- Delivered an adjusted operating margin of 10.7% (up 60 bps) and adjusted EPS of $4.91 (up ~14%) versus 2024.
- Generated operating cash flow of $1,648 million (+19%) and free cash flow of $1,208 million (+66%) in 2025.
- Secured a turbine generator system supply agreement for AI-driven data centers, with production slated for early 2027 and >$300 million estimated first-year sales.
- Forecast 2026 net sales of $14.0–14.3 billion, adjusted operating margin of 10.7–10.9%, adjusted EPS of $5.00–5.20, and free cash flow of $900–1,100 million.
Feb 11, 2026, 1:20 PM
BorgWarner expands series-production BMS program with global OEM
BWA
Product Launch
New Projects/Investments
- Battery management system (BMS) selected for expanded series production with a global OEM, building on an existing program in production since 2023.
- Expanded applications will serve additional B-segment and C-segment passenger cars and light commercial vehicles for BEV and PHEV models beginning in 2029.
- Modular architecture supports batteries up to 800 volts, offering fast DC-charging communication, ASIL D functional safety, and passive cell balancing.
- Scalable, compact design enables flexible packaging and future function upgrades across diverse electrified vehicle lines.
Feb 11, 2026, 1:00 PM
BorgWarner secures first 48V electric cross differential program
BWA
Product Launch
- BorgWarner has won its first 48V electric cross differential (eXD) program award with a leading Chinese OEM, marking the inaugural 48V eXD application in its global portfolio.
- The eXD integrates into the customer’s 48V electrical and electronic (E/E) architecture, aiming to boost energy efficiency, optimize wiring and component costs, and support higher-power applications.
- Engineered to dynamically control torque distribution between wheels, the system enhances handling and stability by adapting to varying friction conditions—transferring more torque in dry conditions and limiting torque to slipping wheels on ice, snow, or mud.
Feb 11, 2026, 1:00 PM
Quarterly earnings call transcripts for BORGWARNER.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more