Garrett Motion Inc. has recently released its 10-Q report, providing insights into the company's financial condition and results of operations for the three and nine months ended September 30, 2025. The company, based in Rolle, Switzerland, specializes in designing, manufacturing, and selling turbocharging, air and fluid compression, and high-speed electric motor technologies for original equipment manufacturers and distributors globally, catering to light vehicles, commercial vehicles, and industrial applications.
In the third quarter of 2025, Garrett Motion faced macro-economic challenges but managed to deliver a net income of $77 million and adjusted EBIT of $133 million. The company continued to win business in both turbo and zero-emission offerings, securing light vehicle turbo awards in the US, India, and Brazil, and expanding strategic collaborations with OEMs for E-Powertrain proof-of-concept initiatives. Additionally, it received favorable feedback related to the efficiency gains for its E-Cooling oil-free compressor.
During the same period, Garrett Motion repurchased $84 million of common stock under its share repurchase program and declared a cash dividend of $0.06 per share of Common Stock, resulting in a total amount of dividends paid on September 16, 2025, amounting to $11 million.
The 10-Q report also provides a breakdown of the company's revenue by geographic region and product line. In the three months ended September 30, 2025, net sales increased by 9.2% compared to the prior period, primarily driven by favorable foreign currency impacts and higher demand in gasoline and diesel. However, aftermarket sales experienced a decrease due to softer demand for off-highway replacement parts in North America.
Furthermore, the report details the cost of goods sold and gross profit, as well as selling, general and administrative expenses, other expenses, interest expenses, non-operating income, and tax expenses for the same period, providing a comprehensive overview of Garrett Motion's financial performance. Today the company's shares have moved -0.08% to a price of $12.51. For the full picture, make sure to review Garrett Motion's 10-Q report.
