GTX delivered a strong beat and guided higher, confirming positive momentum. Watch for conference call commentary on light vehicle production assumptions (now -2% to -4%) and industrial wins in data center gensets. The 200 bps margin expansion and debt reduction are structural positives.
Price Chart
Executive Summary
Garrett Motion reported strong Q2 2026 results, beating EPS consensus by 8.4% ($0.53 vs $0.49) and raising full-year guidance across all metrics. Net sales rose 7% to $976M, net income grew 16% to $101M, and adjusted EBIT margin expanded 200 bps to 15.6%, driven by share gains and disciplined execution.
Key Financial Metrics
Key Facts
- Q2 2026 net sales $976M, up 7% reported (5% constant currency) YoY
- GAAP diluted EPS $0.53 vs consensus $0.49 (8.4% beat)
- Net income $101M, up 16% YoY from $87M
- Adjusted EBIT margin expanded to 15.6% from 13.6% YoY
- Raised FY2026 guidance: net sales $3.7B-$3.9B, net income $330M-$360M, adjusted EBIT $560M-$600M
- Operating cash flow $145M, adjusted free cash flow $122M
- Repurchased $28M of common stock in Q2, remaining capacity $135M
- Total debt reduced to $1,386M from $1,439M at year-end 2025
- Declared $0.08 per share dividend payable Sep 15, 2026
Financial Impact
EPS beat by 8.4% and revenue beat by ~1.2%; guidance raised across all key metrics; margins expanding
Risk Factors
- Light vehicle industry production forecast down 2-4% in 2026 could pressure volumes
- Commodity, transportation and energy inflation may impact margins
- Working capital swings can affect cash flow conversion
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001735707-26-000025 |
| Document: gtx-20260729.htm | 0001735707-26-000025 |
| Document: 0001735707-26-000025-index-headers.html | 0001735707-26-000025 |
| Document: 0001735707-26-000025-index.html | 0001735707-26-000025 |
| Document: 0001735707-26-000025.txt | 0001735707-26-000025 |
| 8-K Data (Synthetic) | 0001735707-26-000025 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 29, 2026 9w ago | 8-K | $28.78 $27.06 | ▼ −5.98% | ▼ −11.00% | $27.07 (−5.94%) |
Jul 14, 2026 11w ago | Press Release | $31.68 $29.12 | ▼ −8.08% | ▼ −10.57% | $27.07 (−14.55%) |
Jun 17, 2026 15w ago | Insider Cluster | $33.76 $31.56 | ▼ −6.52% | ▼ −7.83% | $27.07 (−19.82%) |
Jun 10, 2026 16w ago | 3 | $31.98 $32.57 | ▲ +1.84% | ▼ −1.78% | $27.07 (−15.35%) |
Jun 9, 2026 16w ago | Insider Cluster | $32.81 $32.25 | ▼ −1.71% | ▼ −3.15% | $27.07 (−17.49%) |
Jun 5, 2026 17w ago | 144 | $32.25 $33.19 | ▲ +2.91% | ▲ +1.28% | $27.07 (−16.06%) |
Apr 27, 2026 22w ago | Press Release | $20.89 $33.90 | ▲ +62.28% | ▲ +57.32% | $27.07 (+29.58%) |
Apr 10, 2026 25w ago | DEFA14A | $19.35 $29.14 | ▲ +50.59% | ▲ +42.87% | $27.07 (+39.90%) |
Apr 10, 2026 25w ago | Press Release | $19.48 $27.03 | ▲ +38.76% | ▲ +30.23% | $27.07 (+38.96%) |
Feb 26, 2026 31w ago | Insider Cluster | $20.38 $18.34 | ▼ −10.01% | ▼ −3.61% | $27.07 (+32.83%) |
US Market Status
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