Filing Flows › Phinia (PHIN) › Q2 2026
Phinia (PHIN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Phinia (PHIN) reported revenue of $940M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +7% from the quarter before. Operating margin was 8.5%, net earnings $40.0M (4.3% of revenue).
Phinia, Q2 2026: revenue $940M (+6% year over year), operating margin 8.5%, net earnings $40.0M, operating cash flow $91.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $940M | +7% | +6% |
| Gross profit | $216M | +15% | +10% |
| Operating profit | $80.0M | +16% | -10% |
| Net earnings | $40.0M | +8% | -13% |
| Operating cash flow | $91.0M | +72% | +60% |
| Free cash flow | $74.0M | — | — |
What changed
Revenue was $940.0M in Q2 2026, up 6% year over year and up 7% from the previous quarter. Fuel Systems was the largest line at 62% of revenue. Fuel Systems added $28.0M year over year (up 5%), 56% of the total change.
Gross margin was 23.0%, up 0.8 points from a year earlier. Operating profit was $80.0M, a 8.5% margin (down 1.5 points year over year). Operating profit fell $9.0M even though revenue rose $50.0M versus a year earlier, so costs grew faster than sales. Operating expenses grew 26% against revenue growth of 6%. Net earnings were $40.0M, down 13% year over year. The effective tax rate was 40.3%.
Operating cash flow was $91.0M (up 60% year over year), 228% of net earnings. Non-cash charges added back $41.0M of depreciation and amortization and $7.0M of share-based compensation. After capital expenditures, including tooling outlays, net ($17.0M), adjusted free cash flow as the company reports it was $74.0M.
Questions
What was Phinia's revenue in the second quarter 2026?
Phinia (PHIN) reported revenue of $940M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +7% from the quarter before.
Was Phinia profitable in the second quarter 2026?
Operating profit was $80.0M (8.5% of revenue) and net earnings $40.0M.
Source: Phinia 10-Q on SEC EDGAR.