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BorgWarner BWA Battery Energy Systems — Cost of Sales

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Other financials

Income statement

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Revenue$3.6B+0.3%
Gross profit$721.0M+12.7%
Operating income$370.0M+28.0%
Net income$277.0M+23.7%
EPS (diluted)$1.34+30.1%

Balance sheet

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Cash & equivalents$2.3B+10.5%
Total debt$4.1B-0.3%
Total equity$5.6B-5.1%
Total assets$13.9B-3.2%

Cash flow

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Operating cash flow$586.0M+1.2%
CapEx$96.0M+24.7%
Free cash flow$490.0M-2.4%

Valuation

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Market cap$12.93B+66.4%
P/E14.4×-6.0×
P/S0.9×+0.3×

Profitability

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Gross margin19.5%+1.0pp
Operating margin8.1%-0.1pp
Net margin6.3%+1.1pp
FCF margin8.5%0.0pp

Returns & leverage

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Return on equity15%+3.5pp
Debt / equity0.7×0.0×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by BorgWarner in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: BorgWarner’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000908255-26-000051
(in millions)Turbos & Thermal TechnologiesDrivetrain & Morse SystemsPower Drive SystemsBattery Energy SystemsInter-segment eliminationsTotal
Net sales - customers$1,440$1,450$658$100$3,648
Net sales - inter-segment257(14)
Net sales$1,442$1,455$665$100$(14)$3,648
Cost of sales1,1371,13458684
Selling, general and administrative expenses - R&D, net4832829
Selling, general and administrative expenses - Other3211259
Other segment items111
Segment Adjusted Operating Income (Loss)$225$277$(29)$(2)

Item 1. Financial Statements

FAQ

What is BorgWarner's battery energy systems — cost of sales?
BorgWarner (BWA) reported battery energy systems — cost of sales of $84M in Q2 2026.
How has BorgWarner's battery energy systems — cost of sales changed year-over-year?
BorgWarner's battery energy systems — cost of sales decreased by 44.4% year-over-year, from $151M to $84M.
What is the long-term trend for BorgWarner's battery energy systems — cost of sales?
Over 3 years (2022 to 2025), BorgWarner's battery energy systems — cost of sales has grown at a 19.3% compound annual growth rate (CAGR), from $327M to $555M.
What does battery energy systems — cost of sales mean?
This represents the direct costs attributable to the production and delivery of battery and charging system products within the segment. It includes raw materials, direct labor, and manufacturing overheads required to generate segment revenue. Monitoring this helps assess the direct manufacturing efficiency and gross margin potential of the electrification business.

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