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AI brief of an SEC Form 8-K · Garrett Motion Inc. (GTX)

Garrett Motion Q3 net income rises to $97 million on 3% sales growth to $930 million

Positive Impact 4 of 5 earnings Written later

Garrett Motion reported third-quarter 2026 net sales of $930 million, up 3% from $902 million, and net income of $97 million, up from $77 million. The company reaffirmed the mid-point of its full-year 2026 outlook and approved a $250 million share repurchase program for 2027.

Key points

  • Q3 net income was $97 million versus $77 million a year earlier; diluted EPS was $0.51 versus $0.38.
  • Full-year 2026 outlook narrowed: adjusted EBIT $570 million to $590 million, versus a prior $560 million to $600 million; company reaffirmed the mid-point.
  • Board approved up to $250 million in share repurchases starting January 1, 2027, and a $0.08 per share dividend payable December 15, 2026.

The filing

CompanyGarrett Motion Inc. (GTX)
Form8-K, current report
Filed with the SECOct 29, 2026, 6:57 AM ET
Accession number0001735707-26-000033

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.