Garrett Motion Reports Q1 2025 Financial Results

Garrett Motion, Inc. ( (GTX) ) has released its Q1 earnings. Here is a breakdown of the information Garrett Motion, Inc. presented to its investors.

Garrett Motion, Inc. is a leading automotive technology provider specializing in turbocharging and zero-emission vehicle technologies, with operations spanning over 20 countries. In its first quarter of 2025, Garrett Motion reported net sales of $878 million, a 4% decrease from the previous year, primarily due to lower diesel sales and aftermarket softness in North America. Despite the sales decline, the company achieved a net income of $62 million, with a net income margin of 7.1%. The company also secured its first major series production award for electric motors, marking a significant milestone in its zero-emission technology efforts. Garrett Motion’s first quarter results highlighted strong operational performance with an adjusted EBIT of $131 million, reflecting a margin improvement to 14.9% from 13.2% the previous year. The company also declared a cash dividend and repurchased $30 million of common stock, demonstrating its commitment to returning capital to shareholders. Looking ahead, Garrett Motion reiterates its full-year 2025 outlook, expecting net sales between $3.3 billion and $3.5 billion, with a focus on expanding its zero-emission technologies and maintaining strong operational performance.