AI brief of an SEC Form 8-K · PHINIA (PHIN)

PHINIA Q1 sales fell 7.8% to $796 million; reaffirms 2025 guidance

Negative Impact 3 of 5 earnings Written later

PHINIA reported first-quarter 2025 net sales of $796 million, down 7.8% from $863 million a year earlier, and net earnings of $26 million, down from $29 million. Adjusted EBITDA fell to $103 million from $131 million, and adjusted diluted EPS was $0.94 versus $1.08. The company reaffirmed its full-year 2025 guidance, which calls for net sales of $3.23 billion to $3.43 billion.

Key points

  • Net sales were $796 million, down 7.8%; excluding currency and ended contract manufacturing agreements, sales fell $34 million or 4.1% on lower OEM sales in all regions.
  • Adjusted EBITDA was $103 million, down $28 million, with an adjusted EBITDA margin of 12.9%, citing lower sales, a nonrecurring supplier settlement, higher stand-alone costs and tariff impacts.
  • Diluted EPS was $0.63 versus $0.62; adjusted diluted EPS was $0.94 versus $1.08 in Q1 2024.
  • Returned $111 million to shareholders, including $100 million of share repurchases; cash and equivalents ended the quarter at $373 million and total debt at $989 million.

The filing

CompanyPHINIA (PHIN)
Form8-K, current report
Filed with the SECApr 25, 2025, 7:32 AM ET
Accession number0001968915-25-000028

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 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 April 25, 2025.

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.