Industrial supplier PHINIA Q3 sales rise on aftermarket momentum
PHIN•PHINIA’s third-quarter net sales rose 0.4% to $912 million, missing analysts’ $930.77 million estimate, while adjusted EPS increased year over year. The company raised its 2026 sales outlook to $3.63 billion-$3.68 billion and repurchased $65 million of shares during the quarter.
1. Quarterly results
PHINIA reported third-quarter net sales of $912 million, up 0.4% but below the $930.77 million analyst consensus. Net income was $67 million, and adjusted EPS increased year over year. The company repurchased $65 million of shares during the quarter.
2. Raised 2026 outlook
PHINIA raised its 2026 net sales outlook to $3.63 billion-$3.68 billion. It expects adjusted EBITDA of $500 million-$520 million and adjusted free cash flow of $220 million-$250 million.
3. Sales drivers
Higher sales in the Americas drove growth in Aftermarket Solutions. Power Systems sales declined, which PHINIA attributed to the absence of prior-year pricing actions and the timing of tariff recovery mechanisms; favorable timing of those mechanisms contributed to higher adjusted EBITDA.
