Garrett Motion Q2 FY26 net income rises 16% to $101 million; net sales climb 7% to $976 million - GTX News | RalliesGarrett Motion Q2 FY26 net income rises 16% to $101 million; net sales climb 7% to $976 million
G
GTX• Q2 FY26 results
- Garrett Motion posted Q2 net sales of $976 million, up 7% from a year earlier.
- Net income rose 16.09% to $101 million, lifting net income margin 0.8 percentage points to 10.3%.
- Non-GAAP adjusted EBIT climbed 22.58% to $152 million, widening adjusted EBIT margin 2 percentage points to 15.6%.
- Operating cash flow slipped 8.23% to $145 million on unfavorable working-capital changes; non-GAAP adjusted free cash flow edged up to $122 million.
Dividend and outlook
- The board declared a $0.08 per-share dividend.
- Garrett Motion raised its 2026 outlook for GAAP net sales to $3.7 billion-$3.9 billion.