Filing Flows › Garrett Motion (GTX) › Q3 2026
Garrett Motion (GTX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Garrett Motion (GTX) reported revenue of $930M for the third quarter 2026 (Q3 2026), +3% from a year earlier and -5% from the quarter before. Operating margin was 12.8%, net earnings $97.0M (10.4% of revenue).
Garrett Motion, Q3 2026: revenue $930M (+3% year over year), operating margin 12.8%, net earnings $97.0M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $930M | -5% | +3% |
| Gross profit | $206M | -3% | +11% |
| Operating profit | $119M | -6% | +17% |
| Net earnings | $97.0M | -4% | +26% |
| Operating cash flow | $135M | -7% | +35% |
| Free cash flow | $120M | -6% | +33% |
What changed
Revenue was $930.0M in Q3 2026, up 3% year over year and down 5% from the previous quarter.
Gross margin was 22.2%, up 1.5 points from Q3 2025. Operating profit was $119.0M, a 12.8% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 61% reached operating profit, above the 11% margin then. Operating expenses grew 4% against revenue growth of 3%. Net earnings were $97.0M, up 26% year over year. The effective tax rate was 18.5%.
Operating cash flow was $135.0M (up 35% year over year), 139% 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 $7.0M. Capital expenditures of $15.0M left free cash flow of $120.0M.
Questions
What was Garrett Motion's revenue in the third quarter 2026?
Garrett Motion (GTX) reported revenue of $930M for the third quarter 2026 (Q3 2026), +3% from a year earlier and -5% from the quarter before.
Was Garrett Motion profitable in the third quarter 2026?
Operating profit was $119M (12.8% of revenue) and net earnings $97.0M.
Source: Garrett Motion 10-Q on SEC EDGAR.