Filing Flows › Borgwarner (BWA) › Q4 2025
Borgwarner (BWA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 11, 2026
Borgwarner (BWA) reported revenue of $3.6B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -0.5% from the quarter before. Operating margin was -6.7%, net loss $241M (6.7% of revenue).
Borgwarner, Q4 2025: revenue $3.6B (+4% year over year), operating margin -6.7%, net loss $241M, operating cash flow $619M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | -0.5% | +4% |
| Operating profit | −$238M | -196% | — |
| Net earnings | −$241M | -253% | — |
| Operating cash flow | $619M | +68% | -9% |
| Free cash flow | $457M | +78% | -12% |
What changed
Revenue was $3.6B in Q4 2025, up 4% year over year and down 1% from the previous quarter. Drivetrain & Morse Systems was the largest line at 39% of revenue.
Gross margin was 20.5%, up 0.6 points from a year earlier. Operating costs exceeded revenue by $0.24B, an operating margin of -6.7%. Operating expenses fell 3% while revenue rose 4%. The quarter ended with a net loss of $0.24B, after a profit of $0.17B the previous quarter.
Operating cash flow was $0.62B (down 9% year over year). Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.68B. Capital expenditures of $0.16B left free cash flow of $0.46B.
Questions
What was Borgwarner's revenue in the fourth quarter 2025?
Borgwarner (BWA) reported revenue of $3.6B for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and -0.5% from the quarter before.
Was Borgwarner profitable in the fourth quarter 2025?
Operating loss was $238M (-6.7% of revenue) and net loss $241M.
Source: Borgwarner 10-K on SEC EDGAR.