Filing Flows

Filing Flows › Companies › Garrett Motion › Cash flow

Garrett Motion cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$120M in Q3 2026 · $395M over twelve months

Operating cash flow$135M
Capital spending−$15.0M
Free cash flow+$120M
Cash / net income1.4×

Analysis

In Q3 2026, Garrett Motion generated $135M of operating cash flow and spent $15.0M on capital projects, leaving free cash flow of $120M. That is $30.0M more than in Q3 2025 ($90.0M).

Over the twelve months to Sep 30, 2026, operating cash flow was $477M; the largest uses were buybacks ($244M), other financing ($129M), capital spending ($82.0M); besides operations, cash came from other investing ($22.0M); the cash balance fell by $19.0M.

Operating cash flow was $135M against net income of $97.0M — 1.4× profit, cash ran ahead of reported earnings. The largest differences: accrued liabilities +$52.0M, inventory −$37.0M, payables −$35.0M.

Free cash flow

Garrett Motion: free cash flow by quarterGarrett Motion: free cash flow by quarter$109MQ4 2024$30.0MQ1 2025$143MQ2 2025$90.0MQ3 2025$78.0MQ4 2025$69.0MQ1 2026$128MQ2 2026$120MQ3 2026
Operating cash flow less capital spending.
Garrett Motion: operating cash flow against capital spendingGarrett Motion: operating cash flow against capital spendingOperating cash flowCapital spending$131M$22.0MQ4 2024$56.0M$26.0MQ1 2025$158M$15.0MQ2 2025$100M$10.0MQ3 2025$99.0M$21.0MQ4 2025$98.0M$29.0MQ1 2026$145M$17.0MQ2 2026$135M$15.0MQ3 2026
Latest (Q3 2026): Operating cash flow $135M, Capital spending $15.0M.

Capital allocation, year by year

Garrett Motion: where the cash came from (up) and went (down), by fiscal yearGarrett Motion: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedCapital spendingBuybacksDividendsFY2021: Operating cash flow −$310MFY2021: Net borrowing −$370MFY2021: Shares issued $1.3BFY2021: Capital spending −$72.0MFY2021: Buybacks −$4.0M$1.3BFY2021FY2022: Operating cash flow $375MFY2022: Capital spending −$91.0MFY2022: Dividends −$83.0M$375MFY2022FY2023: Operating cash flow $465MFY2023: Capital spending −$83.0MFY2023: Buybacks −$213MFY2023: Dividends −$42.0M$465MFY2023FY2024: Operating cash flow $408MFY2024: Capital spending −$91.0MFY2024: Buybacks −$296M$408MFY2024FY2025: Operating cash flow $413MFY2025: Capital spending −$72.0MFY2025: Buybacks −$208MFY2025: Dividends −$52.0M$413MFY2025
Over these 5 years operating cash flow totalled $1.4B; the largest uses were buybacks ($721M) and capital spending ($409M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$211M
Debt$1.4B
Net debt$1.2B
Due within a year$7.0M

Garrett Motion funds itself: free cash flow was $395M over the last twelve months, and $211M of cash and investments stands against $1.4B of debt ($7.0M due within a year, 30.1× covered by cash).

Garrett Motion: debt maturities by year (FY2025)Garrett Motion: debt maturities by year (FY2025)$7.0MYear 1$7.0MYear 2$9.0MYear 3$7.0MYear 4$7.0MYear 5$1.4BAfter year 5
Principal due in each year as disclosed in the annual report, against $211M of cash and investments now.

Where the cash came from and went

Garrett Motion: sources (+) and uses (−) of cash, Q3 2026Garrett Motion: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$135MBuybacks−$57.0MCash drawn (+) / kept (−)−$53.0MCapital spending−$15.0MDividends−$15.0MOther investing$7.0MTaxes on employees’ shares−$1.0MOther financing−$1.0M
Garrett Motion: sources (+) and uses (−) of cash, TTM to Q3 2026Garrett Motion: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$477MBuybacks−$244MOther financing−$129MCapital spending−$82.0MDividends−$62.0MOther investing$22.0MCash drawn (+) / kept (−)$19.0MExchange rates−$1.0M

From profit to cash

Garrett Motion: net income to operating cash flow, Q3 2026Garrett Motion: net income to operating cash flow, Q3 2026Net income$97.0MDepreciation & amortization$24.0MStock-based pay$7.0MOther non-cash−$3.0MInventory−$37.0MPayables−$35.0MAccrued liabilities$52.0MPrepaid and other assets$13.0MOther liabilities−$24.0MOperating cash flow$135M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingBuybacksDividendsCash drawn (+) / kept (−)Free cash flow
Q3 2026$135M−$15.0M−$57.0M−$15.0M−$53.0M$120M
Q2 2026$145M−$17.0M−$28.0M−$15.0M−$16.0M$128M
Q1 2026$98.0M−$29.0M−$87.0M−$16.0M$35.0M$69.0M
Q4 2025$99.0M−$21.0M−$72.0M−$16.0M$53.0M$78.0M
Q3 2025$100M−$10.0M−$84.0M−$11.0M$1.0M$90.0M
Q2 2025$158M−$15.0M−$22.0M−$13.0M−$102M$143M
Q1 2025$56.0M−$26.0M−$30.0M−$12.0M−$5.0M$30.0M
Q4 2024$131M−$22.0M−$70.0M—−$29.0M$109M

Garrett Motion: income statement and cash flow

Garrett Motion, Q3 2026: revenue $930M (+3% year over year), operating margin 12.8%. The chart follows the revenue to costs, profit and cash.

Garrett Motion: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.