Garrett Motion reports Q1 EPS 49c, consensus 43c

Reports Q1 revenue $985M, consensus $912.88M. “Garrett had a strong start to 2026, delivering 6% organic growth,” said Olivier Rabiller, President and CEO of Garrett. “Net sales increased to $985 million, Adjusted EBIT margin expanded to 15.3% and we generated $49M of Adjusted Free Cash Flow, reflecting disciplined execution and strong volume conversion. During the quarter, we repurchased $87M of common shares and returned more than $100M to shareholders including dividends. We also continued to secure new business across both our turbo and zero-emission technology portfolios. This included an additional commercial vehicle award for our high-speed E-Powertrain, alongside growing industrial engagement for our oil-free E-Cooling compressor, supporting our strategy to scale our differentiated electrification and industrial offerings.”