Garrett Motion reported solid financial results for 2025, characterized by revenue growth, margin expansion, and healthy free cash flow, alongside strategic wins in zero-emission and industrial technologies. The company is well-positioned for 2026 with a focus on execution and converting its pipeline into new awards.
Full Year 2025 Net sales increased 3% on a reported basis to $3,584 million, up 1% at constant currency.
positiveFull Year 2025 Adjusted EBIT margin expanded to 14.2% from 14.0% in the prior year.
positiveFull Year 2025 Adjusted EBITDA margin improved to 17.7% from 17.2% in the prior year.
positiveSecured multiple commercial vehicle & industrial awards, including first high-speed E-powertrain and E-cooling compressor awards for production starting in 2027.
positiveQ4 2025 Net sales growth was 6% reported but only 1% at constant currency, indicating a significant impact from foreign currency translation ($34 million or 4%).
attentionQ4 2025 Gross profit margin decreased to 20.8% from 21.6% in the prior year, impacted by unfavorable mix and price pass-through.
attentionQ4 2025 SG&A expenses increased to $65 million from $62 million, driven by higher bad debt expense.
attentionQ4 2025 Net income decreased to $84 million from $100 million, primarily due to $20 million of higher tax expense.
negativeQ4 2025 Net cash provided by operating activities decreased to $99 million from $131 million in the prior year.
negativeFull Year 2025 Repurchases of common stock totaled $208 million, but the share repurchase program expired as of December 31, 2025.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
In 2025, we delivered solid growth, stronger margins and healthy free cash flow while expanding our product offerings.
Our turbo business continued to win globally, and we accelerated in zero emission technologies, securing our first production wins for our E‑Powertrain and E‑Cooling technologies.
With a disciplined capital allocation framework and a flexible balance sheet, we enter 2026 focused on maintaining flawless execution and converting our growing pipeline into new awards.
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Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.