# Borgwarner Inc: financial statements, quarterly

BWA · NYSE · CIK 908255 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bwa.md) · [Financials](/companies/bwa/financials.md) · [Filings](/companies/bwa/filings.md) · [Insiders](/companies/bwa/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/bwa/financials.md?period=annual).

## Income statement

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,522 d](/filings/0000908255-26-000011.md) | [3,595](/filings/0000908255-25-000019.md) | [3,603](/filings/0000908255-25-000032.md) | [3,449](/filings/0000908255-25-000042.md) | [3,439 d](/filings/0000908255-26-000011.md) | [3,515](/filings/0000908255-26-000027.md) | [3,638](/filings/0000908255-26-000051.md) | [3,591](/filings/0000908255-26-000062.md) | [3,572 d](/filings/0000908255-26-000011.md) | [3,533](/filings/0000908255-26-000027.md) | [3,648](/filings/0000908255-26-000051.md) | [3,487](/filings/0000908255-26-000062.md) |
| Cost of revenue | $m | [2,863 d](/filings/0000908255-26-000011.md) | [2,951](/filings/0000908255-25-000019.md) | [2,918](/filings/0000908255-25-000032.md) | [2,813](/filings/0000908255-25-000042.md) | [2,756 d](/filings/0000908255-26-000011.md) | [2,876](/filings/0000908255-26-000027.md) | [2,998](/filings/0000908255-26-000051.md) | [2,927](/filings/0000908255-26-000062.md) | [2,841 d](/filings/0000908255-26-000011.md) | [2,856](/filings/0000908255-26-000027.md) | [2,927](/filings/0000908255-26-000051.md) | [2,825](/filings/0000908255-26-000062.md) |
| Gross profit | $m | [659 d](/filings/0000908255-26-000011.md) | [644](/filings/0000908255-25-000019.md) | [685](/filings/0000908255-25-000032.md) | [636](/filings/0000908255-25-000042.md) | [683 d](/filings/0000908255-26-000011.md) | [639](/filings/0000908255-26-000027.md) | [640](/filings/0000908255-26-000051.md) | [664](/filings/0000908255-26-000062.md) | [731 d](/filings/0000908255-26-000011.md) | [677](/filings/0000908255-26-000027.md) | [721](/filings/0000908255-26-000051.md) | [662](/filings/0000908255-26-000062.md) |
| Research and development | $m | [176 d](/filings/0000908255-26-000011.md) | [187](/filings/0000908255-25-000019.md) | [189](/filings/0000908255-25-000032.md) | [190](/filings/0000908255-25-000042.md) | [170 d](/filings/0000908255-26-000011.md) | [182](/filings/0000908255-26-000027.md) | [182](/filings/0000908255-26-000051.md) | [189](/filings/0000908255-26-000062.md) | [157 d](/filings/0000908255-26-000011.md) | [177](/filings/0000908255-26-000027.md) | [176](/filings/0000908255-26-000051.md) | [172](/filings/0000908255-26-000062.md) |
| Selling, general and administrative | $m | [353 d](/filings/0000908255-26-000011.md) | [329](/filings/0000908255-25-000019.md) | [341](/filings/0000908255-25-000032.md) | [340](/filings/0000908255-25-000042.md) | [340 d](/filings/0000908255-26-000011.md) | [315](/filings/0000908255-26-000027.md) | [317](/filings/0000908255-26-000051.md) | [341](/filings/0000908255-26-000062.md) | [331 d](/filings/0000908255-26-000011.md) | [328](/filings/0000908255-26-000027.md) | [331](/filings/0000908255-26-000051.md) | [310](/filings/0000908255-26-000062.md) |
| Operating income | $m | [281 d](/filings/0000908255-26-000011.md) | [295](/filings/0000908255-25-000019.md) | [297](/filings/0000908255-25-000032.md) | [270](/filings/0000908255-25-000042.md) | [(316) d](/filings/0000908255-26-000011.md) | [237](/filings/0000908255-26-000027.md) | [289](/filings/0000908255-26-000051.md) | [248](/filings/0000908255-26-000062.md) | [(238) d](/filings/0000908255-26-000011.md) | [336](/filings/0000908255-26-000027.md) | [370](/filings/0000908255-26-000051.md) | [302](/filings/0000908255-26-000062.md) |
| Income tax | $m | [59.0 d](/filings/0000908255-26-000011.md) | [62.0](/filings/0000908255-25-000019.md) | [(31.0)](/filings/0000908255-25-000032.md) | [13.0](/filings/0000908255-25-000042.md) | [67.0 d](/filings/0000908255-26-000011.md) | [61.0](/filings/0000908255-26-000027.md) | [52.0](/filings/0000908255-26-000051.md) | [75.0](/filings/0000908255-26-000062.md) | [1.0 d](/filings/0000908255-26-000011.md) | [73.0](/filings/0000908255-26-000027.md) | [81.0](/filings/0000908255-26-000051.md) | [65.0](/filings/0000908255-26-000062.md) |
| Net income | $m | [154](/filings/0000908255-24-000007.md) | [206](/filings/0000908255-25-000019.md) | [303](/filings/0000908255-25-000032.md) | [234](/filings/0000908255-25-000042.md) | [(405) d](/filings/0000908255-26-000011.md) | [157](/filings/0000908255-26-000027.md) | [224](/filings/0000908255-26-000051.md) | [158](/filings/0000908255-26-000062.md) | [(262) d](/filings/0000908255-26-000011.md) | [242](/filings/0000908255-26-000027.md) | [277](/filings/0000908255-26-000051.md) | [221](/filings/0000908255-26-000062.md) |
| Diluted EPS | $ per share | not reported | [0.90](/filings/0000908255-25-000019.md) | [1.34](/filings/0000908255-25-000032.md) | [1.04](/filings/0000908255-25-000042.md) | not reported | [0.72](/filings/0000908255-26-000027.md) | [1.03](/filings/0000908255-26-000051.md) | [0.73](/filings/0000908255-26-000062.md) | not reported | [1.16](/filings/0000908255-26-000027.md) | [1.34](/filings/0000908255-26-000051.md) | [1.08](/filings/0000908255-26-000062.md) |
| Basic EPS | $ per share | not reported | [0.91](/filings/0000908255-25-000019.md) | [1.34](/filings/0000908255-25-000032.md) | [1.04](/filings/0000908255-25-000042.md) | not reported | [0.72](/filings/0000908255-26-000027.md) | [1.04](/filings/0000908255-26-000051.md) | [0.74](/filings/0000908255-26-000062.md) | not reported | [1.18](/filings/0000908255-26-000027.md) | [1.36](/filings/0000908255-26-000051.md) | [1.10](/filings/0000908255-26-000062.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Research and development: us-gaap:ResearchAndDevelopmentExpense
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Current assets | $bn | [6.2](/filings/0000908255-25-000007.md) | [6.0](/filings/0000908255-24-000023.md) | [6.0](/filings/0000908255-24-000036.md) | [6.9](/filings/0000908255-24-000043.md) | [6.5](/filings/0000908255-26-000011.md) | [6.4](/filings/0000908255-25-000019.md) | [6.8](/filings/0000908255-25-000032.md) | [7.0](/filings/0000908255-25-000042.md) | [6.8](/filings/0000908255-26-000062.md) | [6.7](/filings/0000908255-26-000027.md) | [7.1](/filings/0000908255-26-000051.md) | [6.3](/filings/0000908255-26-000062.md) |
| Total assets | $bn | [14.5](/filings/0000908255-26-000011.md) | [14.1](/filings/0000908255-24-000023.md) | [14.1](/filings/0000908255-24-000036.md) | [15.1](/filings/0000908255-24-000043.md) | [14.0](/filings/0000908255-26-000011.md) | [13.8](/filings/0000908255-25-000019.md) | [14.4](/filings/0000908255-25-000032.md) | [14.5](/filings/0000908255-25-000042.md) | [13.8](/filings/0000908255-26-000062.md) | [13.7](/filings/0000908255-26-000027.md) | [13.9](/filings/0000908255-26-000051.md) | [13.2](/filings/0000908255-26-000062.md) |
| Current liabilities | $bn | [3.8](/filings/0000908255-25-000007.md) | [3.9](/filings/0000908255-24-000023.md) | [3.7](/filings/0000908255-24-000036.md) | [3.7](/filings/0000908255-24-000043.md) | [3.6](/filings/0000908255-26-000011.md) | [3.2](/filings/0000908255-25-000019.md) | [3.4](/filings/0000908255-25-000032.md) | [3.4](/filings/0000908255-25-000042.md) | [3.3](/filings/0000908255-26-000062.md) | [3.2](/filings/0000908255-26-000027.md) | [3.3](/filings/0000908255-26-000051.md) | [4.5](/filings/0000908255-26-000062.md) |
| Total liabilities | $bn | [8.4](/filings/0000908255-25-000007.md) | [8.1](/filings/0000908255-24-000023.md) | [7.8](/filings/0000908255-24-000036.md) | [8.8](/filings/0000908255-24-000043.md) | [8.3](/filings/0000908255-26-000011.md) | [7.9](/filings/0000908255-25-000019.md) | [8.3](/filings/0000908255-25-000032.md) | [8.3](/filings/0000908255-25-000042.md) | [8.2](/filings/0000908255-26-000062.md) | [8.0](/filings/0000908255-26-000027.md) | [8.1](/filings/0000908255-26-000051.md) | [7.4](/filings/0000908255-26-000062.md) |
| Long-term debt | $bn | [3.7](/filings/0000908255-25-000007.md) | [3.3](/filings/0000908255-24-000023.md) | [3.3](/filings/0000908255-24-000036.md) | [4.2](/filings/0000908255-24-000043.md) | [3.8](/filings/0000908255-26-000011.md) | [3.8](/filings/0000908255-25-000019.md) | [3.9](/filings/0000908255-25-000032.md) | [3.9](/filings/0000908255-25-000042.md) | [3.9](/filings/0000908255-26-000062.md) | [3.9](/filings/0000908255-26-000027.md) | [3.9](/filings/0000908255-26-000051.md) | [1.9](/filings/0000908255-26-000062.md) |
| Current portion of debt | $bn | [0.0](/filings/0000908255-25-000007.md) | [0.4](/filings/0000908255-24-000023.md) | [0.4](/filings/0000908255-24-000036.md) | [0.3](/filings/0000908255-24-000043.md) | [0.3](/filings/0000908255-26-000011.md) | [0.0](/filings/0000908255-25-000019.md) | [0.0](/filings/0000908255-25-000032.md) | [0.0](/filings/0000908255-25-000042.md) | [0.0](/filings/0000908255-26-000062.md) | [0.0](/filings/0000908255-26-000027.md) | [0.0](/filings/0000908255-26-000051.md) | [1.1](/filings/0000908255-26-000062.md) |
| Short-term borrowings | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Shareholders' equity | $bn | [5.8](/filings/0000908255-25-000007.md) | [5.8](/filings/0000908255-24-000023.md) | [6.1](/filings/0000908255-24-000036.md) | [6.2](/filings/0000908255-24-000043.md) | [5.5](/filings/0000908255-26-000011.md) | [5.7](/filings/0000908255-25-000019.md) | [5.9](/filings/0000908255-25-000032.md) | [6.0](/filings/0000908255-25-000042.md) | [5.4](/filings/0000908255-26-000062.md) | [5.5](/filings/0000908255-26-000027.md) | [5.6](/filings/0000908255-26-000051.md) | [5.7](/filings/0000908255-26-000062.md) |

- Cash and equivalents: not reported
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: not reported
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [887 d](/filings/0000908255-26-000011.md) | [(118)](/filings/0000908255-25-000019.md) | [462 d](/filings/0000908255-25-000032.md) | [356 d](/filings/0000908255-25-000042.md) | [682 d](/filings/0000908255-26-000011.md) | [82.0](/filings/0000908255-26-000027.md) | [579 d](/filings/0000908255-26-000051.md) | [368 d](/filings/0000908255-26-000062.md) | [619 d](/filings/0000908255-26-000011.md) | [152](/filings/0000908255-26-000027.md) | [586 d](/filings/0000908255-26-000051.md) | [320 d](/filings/0000908255-26-000062.md) |
| Capital expenditure | $m | [208 d](/filings/0000908255-26-000011.md) | [190](/filings/0000908255-25-000019.md) | [165](/filings/0000908255-25-000032.md) | [155](/filings/0000908255-25-000042.md) | [161 d](/filings/0000908255-26-000011.md) | [119](/filings/0000908255-26-000027.md) | [77.0](/filings/0000908255-25-000032.md) | [111](/filings/0000908255-25-000042.md) | [162 d](/filings/0000908255-26-000011.md) | [143](/filings/0000908255-26-000027.md) | [96.0 d](/filings/0000908255-26-000051.md) | [125 d](/filings/0000908255-26-000062.md) |
| Dividends paid | $m | [25.0 d](/filings/0000908255-26-000011.md) | [25.0](/filings/0000908255-25-000019.md) | [25.0 d](/filings/0000908255-25-000032.md) | [24.0 d](/filings/0000908255-25-000042.md) | [24.0 d](/filings/0000908255-26-000011.md) | [24.0](/filings/0000908255-26-000027.md) | [24.0 d](/filings/0000908255-26-000051.md) | [36.0 d](/filings/0000908255-26-000062.md) | [35.0 d](/filings/0000908255-26-000011.md) | [35.0](/filings/0000908255-26-000027.md) | [34.0 d](/filings/0000908255-26-000051.md) | [35.0 d](/filings/0000908255-26-000062.md) |
| Share repurchases | $m | [177 d](/filings/0000908255-26-000011.md) | [100](/filings/0000908255-25-000019.md) | [0.0 d](/filings/0000908255-25-000032.md) | [301 d](/filings/0000908255-25-000042.md) | [1.0 d](/filings/0000908255-26-000011.md) | [0.0](/filings/0000908255-26-000027.md) | [108 d](/filings/0000908255-26-000051.md) | [102 d](/filings/0000908255-26-000062.md) | [298 d](/filings/0000908255-26-000011.md) | [150](/filings/0000908255-26-000027.md) | [100 d](/filings/0000908255-26-000051.md) | [175 d](/filings/0000908255-26-000062.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [234](/filings/0000908255-24-000023.md) | [234](/filings/0000908255-24-000036.md) | [235](/filings/0000908255-24-000043.md) | [228](/filings/0000908255-25-000019.md) | [227](/filings/0000908255-25-000032.md) | [225](/filings/0000908255-25-000042.md) | [218](/filings/0000908255-26-000027.md) | [218](/filings/0000908255-26-000051.md) | [217](/filings/0000908255-26-000062.md) | [208](/filings/0000908255-26-000027.md) | [206](/filings/0000908255-26-000051.md) | [205](/filings/0000908255-26-000062.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 200,814,060 at 2026-10-23, from the cover of the [10-Q filed 2026-10-29](/filings/0000908255-26-000062.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 29, 2026, 12:44 ET. No prices; not investment advice.