Garrett Motion, Inc. (GTX)
NASDAQ:GTX
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.47Last Year’s EPS
0.43Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive operational and financial performance: solid Q1 revenue growth (12% reported, 6% constant currency), improved adjusted EBIT and margin (15.3%), positive adjusted free cash flow ($49M), multiple strategic technology wins (E-Powertrain and industrial cooling compressors) and active capital returns. Management increased the midpoint/high end of the 2026 outlook while retaining the low end due to macro and geopolitical uncertainty. Near-term headwinds include muted industry light-vehicle production, temporary working capital use, tariff pass-throughs and early-stage timing impacts from productivity actions, but liquidity and leverage remain healthy and management expects operating performance to improve through the year.Company Guidance
Top-line Growth
Net sales of $985 million in Q1, up $107 million year-over-year (12% reported, 6% at constant currency), driven by double-digit growth in commercial vehicle, industrial and aftermarket, plus gasoline share gains.
Improved Profitability
Adjusted EBIT of $151 million with a margin of 15.3%, representing a $20 million increase versus prior year and a 40 basis point year-over-year margin improvement (20 bps attributable to favorable FX).
Positive Free Cash Flow
Generated $49 million of adjusted free cash flow in Q1, aligned with management's full-year expectations, with working capital use driven by strong sales expected to be recovered through the year.
Strengthened 2026 Outlook
Raised the high end and midpoints of the full-year 2026 outlook: midpoint net sales of $3.75 billion (≈2% constant currency growth), adjusted EBIT midpoint $560 million (14.9% margin) and adjusted free cash flow midpoint $415 million; low end retained due to macro uncertainty.
Commercial and Industrial Technology Wins
Secured multiple turbo awards (including VNT turbo for hybrids and range-extended EVs), a second commercial vehicle high-speed E-Powertrain series production award in China (start of production planned for 2027), and a major industrial cooling compressor production award with TONFY for battery energy storage systems in China.
Progress on New Industrial Compressor
Oil-free compressor test units to be shipped in coming weeks with production targeted for 2027; management reports broad inbound interest and additional non-Trane customer engagements ahead of the Investor Day.
Capital Return and Liquidity
Returned over $100 million to shareholders in Q1 via $87 million of share repurchases and $16 million of dividends; ended quarter with $772 million liquidity (undrawn RCF $630 million and $142 million unrestricted cash) and net leverage of 1.92x.
GTX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GTX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $20.49 | $25.61 | +24.99% |
Feb 19, 2026 | $20.51 | $19.20 | -6.39% |
Oct 23, 2025 | $12.40 | $14.80 | +19.35% |
Jul 24, 2025 | $11.63 | $12.03 | +3.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Garrett Motion, Inc. (GTX) report earnings?
Garrett Motion, Inc. (GTX) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is Garrett Motion, Inc. (GTX) earnings time?
Garrett Motion, Inc. (GTX) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GTX EPS forecast?
GTX EPS forecast for the fiscal quarter 2026 (Q2) is 0.47.