# Garrett Motion Inc.: financial statements, quarterly

GTX · Nasdaq · CIK 1735707 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/gtx.md) · [Financials](/companies/gtx/financials.md) · [Filings](/companies/gtx/filings.md) · [Insiders](/companies/gtx/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/gtx/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 | [945](/filings/0001735707-25-000013.md) | [915](/filings/0001735707-24-000025.md) | [890](/filings/0001735707-24-000044.md) | [826](/filings/0001735707-24-000057.md) | [844](/filings/0001735707-26-000009.md) | [878](/filings/0001735707-26-000019.md) | [913](/filings/0001735707-26-000027.md) | [902](/filings/0001735707-26-000034.md) | [891](/filings/0001735707-26-000009.md) | [985](/filings/0001735707-26-000019.md) | [976](/filings/0001735707-26-000027.md) | [930](/filings/0001735707-26-000034.md) |
| Cost of revenue | $m | [756 d](/filings/0001735707-26-000009.md) | [743](/filings/0001735707-25-000023.md) | [705](/filings/0001735707-25-000033.md) | [660](/filings/0001735707-25-000047.md) | [662 d](/filings/0001735707-26-000009.md) | [699](/filings/0001735707-26-000019.md) | [732](/filings/0001735707-26-000027.md) | [716](/filings/0001735707-26-000034.md) | [706 d](/filings/0001735707-26-000009.md) | [789](/filings/0001735707-26-000019.md) | [764](/filings/0001735707-26-000027.md) | [724](/filings/0001735707-26-000034.md) |
| Gross profit | $m | [189](/filings/0001735707-25-000013.md) | [172](/filings/0001735707-26-000009.md) | [185](/filings/0001735707-26-000009.md) | [166](/filings/0001735707-26-000009.md) | [182](/filings/0001735707-26-000009.md) | [179](/filings/0001735707-26-000019.md) | [181](/filings/0001735707-26-000027.md) | [186](/filings/0001735707-26-000034.md) | [185](/filings/0001735707-26-000009.md) | [196](/filings/0001735707-26-000019.md) | [212](/filings/0001735707-26-000027.md) | [206](/filings/0001735707-26-000034.md) |
| Selling, general and administrative | $m | [69.0 d](/filings/0001735707-26-000009.md) | [64.0](/filings/0001735707-25-000023.md) | [61.0](/filings/0001735707-25-000033.md) | [53.0](/filings/0001735707-25-000047.md) | [62.0 d](/filings/0001735707-26-000009.md) | [59.0](/filings/0001735707-26-000019.md) | [59.0](/filings/0001735707-26-000027.md) | [57.0](/filings/0001735707-26-000034.md) | [65.0 d](/filings/0001735707-26-000009.md) | [58.0](/filings/0001735707-26-000019.md) | [63.0](/filings/0001735707-26-000027.md) | [58.0](/filings/0001735707-26-000034.md) |
| Interest expense | $m | [51.0 d](/filings/0001735707-24-000012.md) | [31.0](/filings/0001735707-24-000025.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [16.0 d](/filings/0001735707-26-000009.md) | [15.0](/filings/0001735707-25-000023.md) | [23.0](/filings/0001735707-25-000033.md) | [24.0](/filings/0001735707-25-000047.md) | [(1.0) d](/filings/0001735707-26-000009.md) | [23.0](/filings/0001735707-26-000019.md) | [15.0](/filings/0001735707-26-000027.md) | [25.0](/filings/0001735707-26-000034.md) | [19.0 d](/filings/0001735707-26-000009.md) | [23.0](/filings/0001735707-26-000019.md) | [25.0](/filings/0001735707-26-000027.md) | [22.0](/filings/0001735707-26-000034.md) |
| Net income | $m | [52.0](/filings/0001735707-25-000013.md) | [66.0](/filings/0001735707-26-000009.md) | [64.0](/filings/0001735707-26-000009.md) | [52.0](/filings/0001735707-26-000009.md) | [100](/filings/0001735707-26-000009.md) | [62.0](/filings/0001735707-26-000034.md) | [87.0](/filings/0001735707-26-000034.md) | [77.0](/filings/0001735707-26-000034.md) | [84.0](/filings/0001735707-26-000009.md) | [95.0](/filings/0001735707-26-000034.md) | [101](/filings/0001735707-26-000034.md) | [97.0](/filings/0001735707-26-000034.md) |
| Diluted EPS | $ per share | [0.22](/filings/0001735707-25-000013.md) | [0.28](/filings/0001735707-26-000009.md) | [0.28](/filings/0001735707-26-000009.md) | [0.24](/filings/0001735707-26-000009.md) | [0.47](/filings/0001735707-26-000009.md) | [0.30](/filings/0001735707-26-000019.md) | [0.42](/filings/0001735707-26-000027.md) | [0.38](/filings/0001735707-26-000034.md) | [0.42](/filings/0001735707-26-000009.md) | [0.49](/filings/0001735707-26-000019.md) | [0.53](/filings/0001735707-26-000027.md) | [0.51](/filings/0001735707-26-000034.md) |
| Basic EPS | $ per share | [0.22](/filings/0001735707-25-000013.md) | [0.28](/filings/0001735707-26-000009.md) | [0.29](/filings/0001735707-26-000009.md) | [0.24](/filings/0001735707-26-000009.md) | [0.47](/filings/0001735707-26-000009.md) | [0.30](/filings/0001735707-26-000019.md) | [0.43](/filings/0001735707-26-000027.md) | [0.39](/filings/0001735707-26-000034.md) | [0.43](/filings/0001735707-26-000009.md) | [0.50](/filings/0001735707-26-000019.md) | [0.54](/filings/0001735707-26-000027.md) | [0.52](/filings/0001735707-26-000034.md) |

- Revenue: us-gaap:Revenues, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Interest expense: us-gaap:InterestExpense
- 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 | $m | [259](/filings/0001735707-25-000013.md) | [196](/filings/0001735707-24-000025.md) | [98.0](/filings/0001735707-24-000044.md) | [96.0](/filings/0001735707-24-000057.md) | [125](/filings/0001735707-26-000009.md) | [130](/filings/0001735707-25-000023.md) | [232](/filings/0001735707-25-000033.md) | [230](/filings/0001735707-25-000047.md) | [177](/filings/0001735707-26-000034.md) | [142](/filings/0001735707-26-000019.md) | [158](/filings/0001735707-26-000027.md) | [211](/filings/0001735707-26-000034.md) |
| Current assets | $m | [1,406](/filings/0001735707-25-000013.md) | [1,338](/filings/0001735707-24-000025.md) | [1,192](/filings/0001735707-24-000044.md) | [1,143](/filings/0001735707-24-000057.md) | [1,193](/filings/0001735707-26-000009.md) | [1,248](/filings/0001735707-25-000023.md) | [1,363](/filings/0001735707-25-000033.md) | [1,380](/filings/0001735707-25-000047.md) | [1,319](/filings/0001735707-26-000034.md) | [1,375](/filings/0001735707-26-000019.md) | [1,470](/filings/0001735707-26-000027.md) | [1,528](/filings/0001735707-26-000034.md) |
| Total assets | $m | [2,527](/filings/0001735707-25-000013.md) | [2,448](/filings/0001735707-24-000025.md) | [2,229](/filings/0001735707-24-000044.md) | [2,155](/filings/0001735707-24-000057.md) | [2,276](/filings/0001735707-26-000009.md) | [2,275](/filings/0001735707-25-000023.md) | [2,403](/filings/0001735707-25-000033.md) | [2,436](/filings/0001735707-25-000047.md) | [2,367](/filings/0001735707-26-000034.md) | [2,373](/filings/0001735707-26-000019.md) | [2,473](/filings/0001735707-26-000027.md) | [2,532](/filings/0001735707-26-000034.md) |
| Current liabilities | $m | [1,374](/filings/0001735707-25-000013.md) | [1,319](/filings/0001735707-24-000025.md) | [1,274](/filings/0001735707-24-000044.md) | [1,222](/filings/0001735707-24-000057.md) | [1,278](/filings/0001735707-26-000009.md) | [1,269](/filings/0001735707-25-000023.md) | [1,319](/filings/0001735707-25-000033.md) | [1,359](/filings/0001735707-25-000047.md) | [1,363](/filings/0001735707-26-000034.md) | [1,406](/filings/0001735707-26-000019.md) | [1,467](/filings/0001735707-26-000027.md) | [1,470](/filings/0001735707-26-000034.md) |
| Total liabilities | $m | [3,262](/filings/0001735707-25-000013.md) | [3,183](/filings/0001735707-24-000025.md) | [2,954](/filings/0001735707-24-000044.md) | [2,933](/filings/0001735707-24-000057.md) | [2,949](/filings/0001735707-26-000009.md) | [2,975](/filings/0001735707-25-000023.md) | [3,215](/filings/0001735707-25-000033.md) | [3,249](/filings/0001735707-25-000047.md) | [3,169](/filings/0001735707-26-000034.md) | [3,154](/filings/0001735707-26-000019.md) | [3,148](/filings/0001735707-26-000027.md) | [3,150](/filings/0001735707-26-000034.md) |
| Long-term debt | $m | [1,643](/filings/0001735707-25-000013.md) | [1,633](/filings/0001735707-24-000025.md) | [1,465](/filings/0001735707-24-000044.md) | [1,464](/filings/0001735707-24-000057.md) | [1,464](/filings/0001735707-26-000009.md) | [1,462](/filings/0001735707-25-000023.md) | [1,460](/filings/0001735707-25-000033.md) | [1,460](/filings/0001735707-25-000047.md) | [1,411](/filings/0001735707-26-000034.md) | [1,410](/filings/0001735707-26-000019.md) | [1,360](/filings/0001735707-26-000027.md) | [1,359](/filings/0001735707-26-000034.md) |
| Current portion of debt | $m | [7.0](/filings/0001735707-25-000013.md) | [7.0](/filings/0001735707-24-000025.md) | [7.0](/filings/0001735707-24-000044.md) | [7.0](/filings/0001735707-24-000057.md) | [7.0](/filings/0001735707-26-000009.md) | [7.0](/filings/0001735707-25-000023.md) | [7.0](/filings/0001735707-25-000033.md) | [7.0](/filings/0001735707-25-000047.md) | [7.0](/filings/0001735707-26-000034.md) | [7.0](/filings/0001735707-26-000019.md) | [7.0](/filings/0001735707-26-000027.md) | [7.0](/filings/0001735707-26-000034.md) |
| Shareholders' equity | $m | [(735)](/filings/0001735707-26-000009.md) | [(735)](/filings/0001735707-25-000047.md) | [(725)](/filings/0001735707-25-000047.md) | [(778)](/filings/0001735707-25-000047.md) | [(673)](/filings/0001735707-26-000034.md) | [(700)](/filings/0001735707-26-000034.md) | [(812)](/filings/0001735707-26-000034.md) | [(813)](/filings/0001735707-26-000034.md) | [(802)](/filings/0001735707-26-000034.md) | [(781)](/filings/0001735707-26-000034.md) | [(675)](/filings/0001735707-26-000034.md) | [(618)](/filings/0001735707-26-000034.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- 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
- 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 | [135 d](/filings/0001735707-26-000009.md) | [84.0](/filings/0001735707-25-000023.md) | [126 d](/filings/0001735707-25-000033.md) | [67.0 d](/filings/0001735707-25-000047.md) | [131 d](/filings/0001735707-26-000009.md) | [56.0](/filings/0001735707-26-000019.md) | [158 d](/filings/0001735707-26-000027.md) | [100 d](/filings/0001735707-26-000034.md) | [99.0 d](/filings/0001735707-26-000009.md) | [98.0](/filings/0001735707-26-000019.md) | [145 d](/filings/0001735707-26-000027.md) | [135 d](/filings/0001735707-26-000034.md) |
| Capital expenditure | $m | [26.0 d](/filings/0001735707-26-000009.md) | [32.0](/filings/0001735707-25-000023.md) | [17.0](/filings/0001735707-25-000033.md) | [20.0](/filings/0001735707-25-000047.md) | [22.0 d](/filings/0001735707-26-000009.md) | [26.0](/filings/0001735707-26-000019.md) | [15.0](/filings/0001735707-26-000027.md) | [10.0](/filings/0001735707-26-000034.md) | [21.0 d](/filings/0001735707-26-000009.md) | [29.0](/filings/0001735707-26-000019.md) | [17.0](/filings/0001735707-26-000027.md) | [15.0](/filings/0001735707-26-000034.md) |
| Dividends paid | $m | [0.0 d](/filings/0001735707-26-000009.md) | [0.0](/filings/0001735707-25-000023.md) | [0.0 d](/filings/0001735707-25-000033.md) | [0.0 d](/filings/0001735707-25-000047.md) | [0.0 d](/filings/0001735707-26-000009.md) | [12.0](/filings/0001735707-26-000034.md) | [13.0](/filings/0001735707-26-000034.md) | [11.0](/filings/0001735707-26-000034.md) | [16.0](/filings/0001735707-26-000009.md) | [16.0](/filings/0001735707-26-000034.md) | [15.0](/filings/0001735707-26-000034.md) | [15.0](/filings/0001735707-26-000034.md) |
| Share repurchases | $m | [35.0 d](/filings/0001735707-26-000009.md) | [107](/filings/0001735707-25-000023.md) | [66.0 d](/filings/0001735707-25-000033.md) | [53.0 d](/filings/0001735707-25-000047.md) | [70.0 d](/filings/0001735707-26-000009.md) | [30.0](/filings/0001735707-26-000019.md) | [22.0 d](/filings/0001735707-26-000027.md) | [84.0 d](/filings/0001735707-26-000034.md) | [72.0 d](/filings/0001735707-26-000009.md) | [87.0](/filings/0001735707-26-000019.md) | [28.0 d](/filings/0001735707-26-000027.md) | [57.0 d](/filings/0001735707-26-000034.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividends, 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 | [66.0](/filings/0001735707-24-000025.md) | [107](/filings/0001735707-24-000044.md) | [252](/filings/0001735707-24-000057.md) | [239](/filings/0001735707-25-000023.md) | [226](/filings/0001735707-25-000033.md) | [218](/filings/0001735707-25-000047.md) | [208](/filings/0001735707-26-000019.md) | [205](/filings/0001735707-26-000027.md) | [202](/filings/0001735707-26-000034.md) | [193](/filings/0001735707-26-000019.md) | [191](/filings/0001735707-26-000027.md) | [189](/filings/0001735707-26-000034.md) |

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

Shares outstanding: 184,605,654 at 2026-10-23, from the cover of the [10-Q filed 2026-10-29](/filings/0001735707-26-000034.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 29, 2026, 07:25 ET. No prices; not investment advice.