Oct 29, 7:32 AM ET
PHINIA reported third-quarter 2026 results with net sales of $912 million, up 0.4%, and diluted earnings per share of $1.80 versus $0.33 a year earlier. The company raised its full-year 2026 guidance for net sales, net earnings, and Adjusted EBITDA, which matters to shareholders because the higher outlook reflects improved profitability and continued share repurchases.
- Q3 2026 net earnings were $67 million, or $1.80 per diluted share, compared with $13 million, or $0.33, in Q3 2025.
- Adjusted EBITDA rose $2 million to $135 million, and Adjusted EBITDA margin was 14.8%, up 20 basis points.
- Full-year 2026 net earnings guidance was raised to $160 million to $182 million from $155 million to $180 million; net sales guidance was raised to $3,625 million to $3,675 million.
- Operating cash flow fell $32 million to $87 million in Q3, and the company repurchased $65 million of common equity during the quarter.
Read the filing on SEC.gov ↗
Aug 12, 4:31 PM ET
PHINIA Inc. said its Board approved moving Pedro Abreu from Vice President and Chief Strategy Officer to President, Power Systems, effective September 1, 2026. The Fuel Systems segment will be renamed Power Systems and the Aftermarket segment will be renamed Aftermarket Solutions, with Daniel Griffin as its President. The filing reports leadership and naming changes only, with no financial results.
- Pedro Abreu moves from Vice President and Chief Strategy Officer to President, Power Systems, effective September 1, 2026
- Fuel Systems segment renamed Power Systems; Aftermarket segment renamed Aftermarket Solutions
- Daniel Griffin to serve as President, Aftermarket Solutions, effective September 1, 2026
- Board approved the changes on August 6, 2026; no financial figures were disclosed
Read the filing on SEC.gov ↗
Jul 30, 7:33 AM ET
PHINIA reported second-quarter 2026 results with net sales up 5.6% to $940 million, while net earnings fell to $40 million and diluted EPS fell to $1.05 from $1.14. Adjusted EBITDA rose to $130 million, and the company refined its full-year 2026 guidance, which it expects to yield net earnings of $155 million to $180 million. The company also agreed on June 30, 2026 to acquire the stoba Group, with closing expected in the fourth quarter of 2026.
- Net sales were $940 million, up from $890 million a year earlier; excluding currency and the SEM acquisition, sales rose 1.2%.
- Diluted EPS was $1.05 versus $1.14 a year earlier; adjusted diluted EPS was $1.53 versus $1.27.
- Adjusted EBITDA was $130 million, up $4 million, with adjusted EBITDA margin at 13.8%, down 40 basis points.
- 2026 guidance: net sales of $3.57 billion to $3.67 billion, net earnings of $155 million to $180 million, adjusted EBITDA of $485 million to $515 million.
Read the filing on SEC.gov ↗
Apr 30, 7:32 AM ET
PHINIA reported first-quarter 2026 results with net sales up 10.3% to $878 million and net earnings of $37 million, compared with $26 million a year earlier. The company kept its full-year 2026 guidance unchanged, which means shareholders should expect the same outlook as before the report.
- Net earnings per diluted share were $0.96, up from $0.63, and adjusted net earnings per diluted share were $1.29, up from $0.94.
- Adjusted EBITDA rose to $115 million from $103 million, with an adjusted EBITDA margin of 13.1%.
- Full-year 2026 guidance was reaffirmed: net sales of $3.52 billion to $3.72 billion and net earnings of $165 million to $195 million.
- The company returned $67 million to shareholders in the quarter, including $56 million of share repurchases and $11 million in dividends.
Read the filing on SEC.gov ↗
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