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BorgWarner BWA Battery Energy Systems — Restructuring expense, net
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Where this comes from
Reported directly by BorgWarner in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
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
- During the three and six months ended June 30, 2026, the segment recorded $12 million and $16 million, respectively, of individually approved restructuring costs. For the six months ended June 30, 2026, these costs were primarily comprised of $15 million of employee termination benefits associated with an overhead cost reduction initiative in Europe and $1 million of professional fees for facilities in Europe.
- During the three and six months ended June 30, 2025, the segment recorded $5 million and $11 million, respectively, of individually approved restructuring costs. For the six months ended June 30, 2025, these costs were primarily comprised of $9 million of employee termination benefits for facilities in the U.S. and China, including the consolidation of the Company’s North American battery systems business footprint and the exit of its charging business. Refer to Note 3, “Acquisitions and Dispositions” for more information.
Item 1. Financial Statements
FAQ
- What is BorgWarner's battery energy systems — restructuring expense, net?
- BorgWarner (BWA) reported battery energy systems — restructuring expense, net of $12M in Q2 2026.
- How has BorgWarner's battery energy systems — restructuring expense, net changed year-over-year?
- BorgWarner's battery energy systems — restructuring expense, net increased by 140.0% year-over-year, from $5M to $12M.
- What does battery energy systems — restructuring expense, net mean?
- The total net cost associated with reorganizing, downsizing, or streamlining operations within the battery and charging systems segment. This includes severance, facility closure costs, and other related expenses, offset by any related gains. It reflects the cost of management's efforts to improve segment profitability and operational focus.
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