Filing Flows › Garrett Motion (GTX) › Q2 2026
Garrett Motion (GTX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Garrett Motion (GTX) reported revenue of $976M for the second quarter 2026 (Q2 2026), +7% from a year earlier and -0.9% from the quarter before. Operating margin was 12.9%, net earnings $101M (10.3% of revenue).
Garrett Motion, Q2 2026: revenue $976M (+7% year over year), operating margin 12.9%, net earnings $101M, operating cash flow $145M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $976M | -0.9% | +7% |
| Gross profit | $212M | +8% | +17% |
| Operating profit | $126M | +7% | +24% |
| Net earnings | $101M | +6% | +16% |
| Operating cash flow | $145M | +48% | -8% |
| Free cash flow | $128M | +86% | -10% |
What changed
Revenue was $976.0M in Q2 2026, up 7% year over year and down 1% from the previous quarter.
Gross margin was 21.7%, up 1.9 points from Q2 2025. Operating profit was $126.0M, a 12.9% margin (up 1.7 points year over year). Of the extra revenue versus Q2 2025, 38% reached operating profit, above the 11% margin then. Operating expenses grew 9% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+15%). Net earnings were $101.0M, up 16% year over year. The effective tax rate was 19.8%.
Operating cash flow was $145.0M (down 8% year over year), 144% of net earnings. Non-cash charges added back $24.0M of depreciation and $7.0M of share-based compensation. Working capital and other items added $13.0M. Capital expenditures of $17.0M left free cash flow of $128.0M.
Questions
What was Garrett Motion's revenue in the second quarter 2026?
Garrett Motion (GTX) reported revenue of $976M for the second quarter 2026 (Q2 2026), +7% from a year earlier and -0.9% from the quarter before.
Was Garrett Motion profitable in the second quarter 2026?
Operating profit was $126M (12.9% of revenue) and net earnings $101M.
Source: Garrett Motion 10-Q on SEC EDGAR.