Garrett Motion Inc. (GTX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 891M | 902M | 913M | 878M | 844M | 826M | 890M | 915M | 945M | 960M | 1.01B | 970M | 898M | 945M | 859M | 901M | 862M | 839M | 935M |
| Revenue Growth % | -100% | 5.57% | 9.2% | 2.58% | -4.04% | -10.69% | -13.96% | -11.97% | -5.67% | 5.23% | 1.59% | 17.7% | 7.66% | 4.18% | 12.63% | -8.13% | -9.63% | -14.48% | 4.35% | 96.02% |
| Cost of Goods Sold | 0 | 678M | 682M | 687M | 659M | 603M | 616M | 666M | 701M | 724M | 739M | 767M | 742M | 709M | 723M | 648M | 683M | 684M | 635M | 701M |
| COGS % of Revenue | - | 76.09% | 75.61% | 75.25% | 75.06% | 71.45% | 74.58% | 74.83% | 76.61% | 76.61% | 76.98% | 75.87% | 76.49% | 78.95% | 76.51% | 75.44% | 75.8% | 79.35% | 75.69% | 74.97% |
| Gross Profit | 196M | 213M | 220M | 226M | 219M | 241M | 210M | 224M | 214M | 221M | 221M | 244M | 228M | 189M | 222M | 211M | 218M | 178M | 204M | 234M |
| Gross Margin % | - | 23.91% | 24.39% | 24.75% | 24.94% | 28.55% | 25.42% | 25.17% | 23.39% | 23.39% | 23.02% | 24.13% | 23.51% | 21.05% | 23.49% | 24.56% | 24.2% | 20.65% | 24.31% | 25.03% |
| Gross Profit Growth % | -10.5% | -11.62% | 4.76% | 0.89% | 2.34% | 9.05% | -4.98% | -8.2% | -6.14% | 16.93% | -0.45% | 15.64% | 4.59% | 6.18% | 8.82% | -9.83% | -10.29% | -16.04% | 11.48% | 107.08% |
| Operating Expenses | 58M | 98M | 87M | 103M | 89M | 121M | 96M | 101M | 108M | 124M | 96M | 105M | 95M | 80M | 99M | 95M | 95M | 71M | 98M | 89M |
| OpEx % of Revenue | - | 11% | 9.65% | 11.28% | 10.14% | 14.34% | 11.62% | 11.35% | 11.8% | 13.12% | 10% | 10.39% | 9.79% | 8.91% | 10.48% | 11.06% | 10.54% | 8.24% | 11.68% | 9.52% |
| Selling, General & Admin | 58M | 65M | 54M | 58M | 49M | 62M | 53M | 60M | 64M | 69M | 57M | 63M | 56M | 52M | 57M | 54M | 53M | 50M | 60M | 51M |
| SG&A % of Revenue | - | 7.3% | 5.99% | 6.35% | 5.58% | 7.35% | 6.42% | 6.74% | 6.99% | 7.3% | 5.94% | 6.23% | 5.77% | 5.79% | 6.03% | 6.29% | 5.88% | 5.8% | 7.15% | 5.45% |
| Research & Development | 0 | 33M | 33M | 45M | 40M | 59M | 43M | 41M | 44M | 55M | 39M | 42M | 39M | 28M | 42M | 41M | 42M | 21M | 38M | 38M |
| R&D % of Revenue | - | 3.7% | 3.66% | 4.93% | 4.56% | 6.99% | 5.21% | 4.61% | 4.81% | 5.82% | 4.06% | 4.15% | 4.02% | 3.12% | 4.44% | 4.77% | 4.66% | 2.44% | 4.53% | 4.06% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -8M | 115M | 133M | 123M | 130M | 120M | 114M | 123M | 106M | 97M | 125M | 139M | 133M | 109M | 123M | 116M | 123M | 107M | 106M | 145M |
| Operating Margin % | - | 12.91% | 14.74% | 13.47% | 14.81% | 14.22% | 13.8% | 13.82% | 11.58% | 10.26% | 13.02% | 13.75% | 13.71% | 12.14% | 13.02% | 13.5% | 13.65% | 12.41% | 12.63% | 15.51% |
| Operating Income Growth % | -106.15% | -4.17% | 16.67% | 0% | 22.64% | 23.71% | -8.8% | -11.51% | -20.3% | -11.01% | 1.63% | 19.83% | 8.13% | 1.87% | 16.04% | -20% | -17.45% | -9.32% | 107.84% | 339.39% |
| EBITDA | -8M | 144M | 158M | 146M | 152M | 143M | 137M | 145M | 128M | 121M | 148M | 161M | 154M | 129M | 144M | 137M | 145M | 129M | 129M | 169M |
| EBITDA Margin % | - | 16.16% | 17.52% | 15.99% | 17.31% | 16.94% | 16.59% | 16.29% | 13.99% | 12.8% | 15.42% | 15.92% | 15.88% | 14.37% | 15.24% | 15.95% | 16.09% | 14.97% | 15.38% | 18.07% |
| EBITDA Growth % | -105.26% | 0.7% | 15.33% | 0.69% | 18.75% | 18.18% | -7.43% | -9.94% | -16.88% | -6.2% | 2.78% | 17.52% | 6.21% | 0% | 11.63% | -18.93% | -15.7% | -10.42% | 74.32% | 231.37% |
| D&A (Non-Cash Add-back) | 0 | 29M | 25M | 23M | 22M | 23M | 23M | 22M | 22M | 24M | 23M | 22M | 21M | 20M | 21M | 21M | 22M | 22M | 23M | 24M |
| EBIT | 0 | 115M | 133M | 123M | 130M | 125M | 114M | 150M | 112M | 123M | 120M | 131M | 136M | 156M | 149M | 125M | 148M | 112M | 116M | 463M |
| Net Interest Income | 0 | -26M | -29M | -21M | -29M | -26M | -38M | -63M | -31M | -55M | -50M | -30M | -28M | -21M | -18M | -20M | -23M | -23M | -25M | -24M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 27M | 26M | 29M | 21M | 29M | 26M | 38M | 63M | 31M | 55M | 50M | 30M | 28M | 21M | 18M | 20M | 23M | 23M | 25M | 24M |
| Other Income/Expense | 126M | -12M | -31M | -21M | -45M | -21M | -38M | -36M | -25M | -29M | -55M | -38M | -25M | 26M | 8M | -11M | 2M | -18M | -15M | 294M |
| Pretax Income | 118M | 103M | 102M | 102M | 85M | 99M | 76M | 87M | 81M | 68M | 70M | 101M | 108M | 135M | 131M | 105M | 125M | 89M | 91M | 439M |
| Pretax Margin % | - | 11.56% | 11.31% | 11.17% | 9.68% | 11.73% | 9.2% | 9.78% | 8.85% | 7.2% | 7.29% | 9.99% | 11.13% | 15.03% | 13.86% | 12.22% | 13.87% | 10.32% | 10.85% | 46.95% |
| Income Tax | 23M | 19M | 25M | 15M | 23M | -1M | 24M | 23M | 15M | 16M | 13M | 30M | 27M | 23M | 26M | 20M | 37M | -39M | 28M | 30M |
| Effective Tax Rate % | 19.49% | 18.45% | 24.51% | 14.71% | 27.06% | -1.01% | 31.58% | 26.44% | 18.52% | 23.53% | 18.57% | 29.7% | 25% | 17.04% | 19.85% | 19.05% | 29.6% | -43.82% | 30.77% | 6.83% |
| Net Income | 95M | 84M | 77M | 87M | 62M | 100M | 52M | 64M | 66M | 52M | 57M | 71M | 81M | 112M | 105M | 85M | 88M | 128M | 63M | 409M |
| Net Margin % | - | 9.43% | 8.54% | 9.53% | 7.06% | 11.85% | 6.3% | 7.19% | 7.21% | 5.5% | 5.94% | 7.02% | 8.35% | 12.47% | 11.11% | 9.9% | 9.77% | 14.85% | 7.51% | 43.74% |
| Net Income Growth % | 53.23% | -16% | 48.08% | 35.94% | -6.06% | 92.31% | -8.77% | -9.86% | -18.52% | -53.57% | -45.71% | -16.47% | -7.95% | -12.5% | 66.67% | -79.22% | 183.81% | 392.31% | 472.73% | 4644.44% |
| Net Income (Continuing) | 95M | 84M | 77M | 87M | 62M | 100M | 52M | 64M | 66M | 52M | 57M | 71M | 81M | 112M | 105M | 85M | 88M | 128M | 63M | 409M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.49 | 0.43 | 0.38 | 0.42 | 0.30 | 0.47 | 0.24 | 0.28 | 0.28 | 0.21 | 0.23 | 0.66 | 1.23 | 0.23 | 1.61 | 1.31 | 1.36 | 0.29 | 0.97 | 5.80 |
| EPS Growth % | 63.33% | -8.43% | 58.33% | 50% | 7.14% | 123.61% | 4.35% | -57.58% | -77.24% | -8.7% | -85.71% | -49.62% | -9.56% | -20.69% | 65.98% | -77.41% | 198.55% | -14.71% | 592.86% | 4933.33% |
| EPS (Basic) | 0.50 | 0.44 | 0.39 | 0.43 | 0.30 | 0.47 | 0.24 | 0.29 | 0.28 | 0.22 | 0.23 | 0.66 | 1.25 | 0.23 | 1.62 | 1.31 | 1.36 | 0.29 | 0.97 | 5.87 |
| Diluted Shares Outstanding | 193.2M | 197.51M | 202.19M | 205.26M | 207.57M | 212.96M | 218.4M | 225.9M | 238.99M | 242.29M | 252.38M | 107.41M | 65.97M | 65.46M | 65.25M | 65.1M | 64.73M | 64.92M | 65.08M | 70.49M |
| Basic Shares Outstanding | 189.25M | 192.73M | 198.67M | 202.67M | 205.11M | 211.17M | 217.28M | 224.32M | 236.66M | 240.33M | 250.89M | 107.41M | 64.9M | 64.83M | 64.82M | 64.84M | 64.54M | 64.82M | 65.06M | 69.67M |
| Dividend Payout Ratio | - | 19.05% | 14.29% | 14.94% | 19.35% | - | - | - | - | - | - | - | 51.85% | 36.61% | 40% | - | - | - | - | - |