Filing Flows › Borgwarner (BWA) › Q1 2025
Borgwarner (BWA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Borgwarner (BWA) reported revenue of $3.5B for the first quarter 2025 (Q1 2025), -2% from a year earlier and +2% from the quarter before. Operating margin was 6.7%, net earnings $157M (4.5% of revenue).
Borgwarner, Q1 2025: revenue $3.5B (-2% year over year), operating margin 6.7%, net earnings $157M, operating cash flow $82.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +2% | -2% |
| Gross profit | $639M | -6% | -0.8% |
| Operating profit | $237M | — | -20% |
| Net earnings | $157M | — | -24% |
| Operating cash flow | $82.0M | -88% | — |
What changed
Revenue was $3.5B in Q1 2025, down 2% year over year and up 2% from the previous quarter. Turbos & Thermal Technologies was the largest line at 41% of revenue. Turbos & Thermal Technologies lost $0.12B year over year (down 8%), 148% of the total change.
Gross margin was 18.2%, up 0.3 points from a year earlier. Operating profit was $0.24B, a 6.7% margin (down 1.5 points year over year). Operating expenses grew 15% against a revenue fall of 2%. Net earnings were $0.16B, down 24% year over year. The effective tax rate was 26.3%.
Operating cash flow was $0.08B, 48% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.26B. Capital expenditures of $0.12B exceeded it, leaving free cash flow of −$0.04B.
Questions
What was Borgwarner's revenue in the first quarter 2025?
Borgwarner (BWA) reported revenue of $3.5B for the first quarter 2025 (Q1 2025), -2% from a year earlier and +2% from the quarter before.
Was Borgwarner profitable in the first quarter 2025?
Operating profit was $237M (6.7% of revenue) and net earnings $157M.
Source: Borgwarner 10-Q on SEC EDGAR.