Filing Flows › Borgwarner (BWA) › Q3 2025
Borgwarner (BWA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Borgwarner (BWA) reported revenue of $3.6B for the third quarter 2025 (Q3 2025), +4% from a year earlier and -1% from the quarter before. Operating margin was 6.9%, net earnings $158M (4.4% of revenue).
Borgwarner, Q3 2025: revenue $3.6B (+4% year over year), operating margin 6.9%, net earnings $158M, operating cash flow $368M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | -1% | +4% |
| Gross profit | $664M | +4% | +4% |
| Operating profit | $248M | -14% | -8% |
| Net earnings | $158M | -29% | -32% |
| Operating cash flow | $368M | -36% | +3% |
| Free cash flow | $257M | -49% | +28% |
What changed
Revenue was $3.6B in Q3 2025, up 4% year over year and down 1% from the previous quarter. Drivetrain & Morse Systems was the largest line at 40% of revenue. Drivetrain & Morse Systems added $0.09B year over year (up 6%), 60% of the total change. Battery & Charging Systems declined 33%.
Gross margin was 18.5%, up 0.1 points from a year earlier. Operating profit was $0.25B, a 6.9% margin (down 0.9 points year over year). Operating profit fell $0.02B even though revenue rose $0.14B versus a year earlier, so costs grew faster than sales. Operating expenses grew 14% against revenue growth of 4%. Net earnings were $0.16B, down 32% year over year. The effective tax rate was 30.2%.
Operating cash flow was $0.37B (up 3% year over year), 213% of net income including minority interests. Non-cash charges added back $0.22B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.11B left free cash flow of $0.26B.
Questions
What was Borgwarner's revenue in the third quarter 2025?
Borgwarner (BWA) reported revenue of $3.6B for the third quarter 2025 (Q3 2025), +4% from a year earlier and -1% from the quarter before.
Was Borgwarner profitable in the third quarter 2025?
Operating profit was $248M (6.9% of revenue) and net earnings $158M.
Source: Borgwarner 10-Q on SEC EDGAR.