Filing Flows › Borgwarner (BWA) › Q2 2026
Borgwarner (BWA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Borgwarner (BWA) reported revenue of $3.6B for the second quarter 2026 (Q2 2026), +0.3% from a year earlier and +3% from the quarter before. Operating margin was 10.1%, net earnings $277M (7.6% of revenue).
Borgwarner, Q2 2026: revenue $3.6B (+0.3% year over year), operating margin 10.1%, net earnings $277M, operating cash flow $586M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | +3% | +0.3% |
| Gross profit | $721M | +6% | +13% |
| Operating profit | $370M | +10% | +28% |
| Net earnings | $277M | +14% | +24% |
| Operating cash flow | $586M | +286% | +1% |
| Free cash flow | $492M | — | -3% |
What changed
Revenue was $3.6B in Q2 2026, roughly flat year over year and up 3% from the previous quarter. Drivetrain & Morse Systems was the largest line at 40% of revenue. PowerDrive Systems added $0.08B year over year (up 14%), 830% of the total change. Battery Energy Systems declined 37%.
Gross margin was 19.8%, up 2.2 points from Q2 2025. Operating profit was $0.37B, a 10.1% margin (up 2.2 points year over year). Of the extra revenue versus Q2 2025, 810% reached operating profit, above the 8% margin then. Operating expenses grew 0% against flat revenue. Net earnings were $0.28B, up 24% year over year. The effective tax rate was 21.8%.
Operating cash flow was $0.59B (up 1% year over year), 201% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization. Working capital and other items added $0.15B. After capital expenditures, including tooling outlays, net ($0.09B), free cash flow as the company reports it was $0.49B.
Questions
What was Borgwarner's revenue in the second quarter 2026?
Borgwarner (BWA) reported revenue of $3.6B for the second quarter 2026 (Q2 2026), +0.3% from a year earlier and +3% from the quarter before.
Was Borgwarner profitable in the second quarter 2026?
Operating profit was $370M (10.1% of revenue) and net earnings $277M.
Source: Borgwarner 10-Q on SEC EDGAR.