Filing Flows › Borgwarner (BWA) › Q3 2026
Borgwarner (BWA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Borgwarner (BWA) reported revenue of $3.5B for the third quarter 2026 (Q3 2026), -3% from a year earlier and -4% from the quarter before. Operating margin was 8.7%, net earnings $221M (6.3% of revenue).
Borgwarner, Q3 2026: revenue $3.5B (-3% year over year), operating margin 8.7%, net earnings $221M, operating cash flow $320M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | -4% | -3% |
| Gross profit | $662M | -8% | -0.3% |
| Operating profit | $302M | -18% | +22% |
| Net earnings | $221M | -20% | +40% |
| Operating cash flow | $320M | -45% | -13% |
| Free cash flow | $195M | — | -27% |
What changed
Revenue was $3.5B in Q3 2026, down 3% year over year and down 4% from the previous quarter. Turbos & Thermal Technologies was the largest line at 39% of revenue. Drivetrain & Morse Systems lost $0.11B year over year (down 7%), 103% of the total change.
Gross margin was 19.0%, up 0.5 points from Q3 2025. Operating profit was $0.30B, a 8.7% margin (up 1.8 points year over year). Operating expenses fell 13% while revenue fell 3%. Net earnings were $0.22B, up 40% year over year. The effective tax rate was 21.8%.
Operating cash flow was $0.32B (down 13% year over year), 137% of net income including minority interests. Non-cash charges added back $0.15B of depreciation and amortization. Working capital and other items used $0.07B. After capital expenditures, including tooling outlays ($0.12B), free cash flow as the company reports it was $0.20B.
Questions
What was Borgwarner's revenue in the third quarter 2026?
Borgwarner (BWA) reported revenue of $3.5B for the third quarter 2026 (Q3 2026), -3% from a year earlier and -4% from the quarter before.
Was Borgwarner profitable in the third quarter 2026?
Operating profit was $302M (8.7% of revenue) and net earnings $221M.
Source: Borgwarner 10-Q on SEC EDGAR.