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BorgWarner BWA Battery Energy Systems — Restructuring expense, net of cash paid

Other segment segments

Turbos & Thermal Technologies
$4M-60.0%
PowerDrive Systems
$3M+200%
Drivetrain & Morse Systems
$2M+100%

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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$13.7B+66.4%
P/E15.2×-6.4×
P/S+0.4×

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:RestructuringCosts.

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 SystemsCorporateTotal
Employee termination benefits$4$1$3$11$19
Other112
Total restructuring expense$4$2$3$12$21
Three Months Ended June 30, 2025
(in millions)Turbos & Thermal TechnologiesDrivetrain & Morse SystemsPowerDrive SystemsBattery Energy SystemsCorporateTotal
Employee termination benefits$8$1$1$3$13
Other224
Total restructuring expense$10$1$1$5$17

Item 1. Financial Statements

FAQ

What is BorgWarner's battery energy systems — restructuring expense, net of cash paid?
BorgWarner (BWA) reported battery energy systems — restructuring expense, net of cash paid of $12M in Q2 2026.
How has BorgWarner's battery energy systems — restructuring expense, net of cash paid changed year-over-year?
BorgWarner's battery energy systems — restructuring expense, net of cash paid increased by 140.0% year-over-year, from $5M to $12M.
What does battery energy systems — restructuring expense, net of cash paid mean?
The net accounting expense related to organizational restructuring within the battery segment, adjusted for the actual cash outflows associated with these activities. This highlights the non-cash portion of restructuring efforts, such as accruals for future severance or asset write-downs. It helps investors distinguish between immediate cash impact and long-term accounting adjustments.

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