Filing Flows › Phinia (PHIN) › Q3 2026
Phinia (PHIN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Phinia (PHIN) reported revenue of $912M for the third quarter 2026 (Q3 2026), +0.4% from a year earlier and -3% from the quarter before. Operating margin was 9.2%, net earnings $67.0M (7.3% of revenue).
Phinia, Q3 2026: revenue $912M (+0.4% year over year), operating margin 9.2%, net earnings $67.0M, operating cash flow $87.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $912M | -3% | +0.4% |
| Gross profit | $204M | -6% | +2% |
| Operating profit | $84.0M | +5% | +147% |
| Net earnings | $67.0M | +68% | +415% |
| Operating cash flow | $87.0M | -4% | -27% |
| Free cash flow | $73.0M | — | -30% |
What changed
Revenue was $912.0M in Q3 2026, roughly flat year over year and down 3% from the previous quarter. Power Systems was the largest line at 62% of revenue. Aftermarket Solutions added $14.0M year over year (up 4%), 350% of the total change. Power Systems declined 2%.
Gross margin was 22.4%, up 0.3 points from a year earlier. Operating profit was $84.0M, a 9.2% margin (up 5.5 points year over year). Of the extra revenue versus a year earlier, 1250% reached operating profit, above the 4% margin then. Operating expenses fell 28% while revenue was flat. Net earnings were $67.0M, up 415% year over year. The effective tax rate was 4.3%.
Operating cash flow was $87.0M (down 27% year over year), 130% of net earnings. Non-cash charges added back $41.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $26.0M. After capital expenditures, including tooling outlays, net ($14.0M), adjusted free cash flow as the company reports it was $73.0M.
Questions
What was Phinia's revenue in the third quarter 2026?
Phinia (PHIN) reported revenue of $912M for the third quarter 2026 (Q3 2026), +0.4% from a year earlier and -3% from the quarter before.
Was Phinia profitable in the third quarter 2026?
Operating profit was $84.0M (9.2% of revenue) and net earnings $67.0M.
Source: Phinia 10-Q on SEC EDGAR.