BorgWarner Reports Q3 2026 Earnings with Increased EPS Guidance Despite Revenue Decline
BorgWarner (BWA) reported third-quarter net sales of $3.487 billion, a 3.1% organic decrease year-over-year driven by declining market production volumes. However, the company achieved an adjusted EPS of $1.39, representing a 12% increase compared to the previous year, aided by a lower effective tax rate and reduced share count. Adjusted operating margins also improved slightly to 10.9% despite the revenue contraction. The company provided updated full-year guidance, raising its adjusted EPS outlook to $5.20–$5.35 per diluted share while narrowing sales guidance to $14.0–$14.2 billion due to lower industry production expectations. While light vehicle eProduct sales saw significant growth of 33%, the company faces headwinds in its battery business, expecting a $250 million annual sales decline due to weak European demand and lack of North American incentives.
Topics: debt reduction earnings report EPS growth revenue guidance share repurchases