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BorgWarner BWA Drivetrain & Morse Systems — Segment Adjusted Operating Income (Loss)

Other segment segments

Turbos & Thermal Technologies
$225M-0.9%
PowerDrive Systems
-$29M+12.1%
Battery Energy Systems
-$2M+83.3%

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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+57.7%
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:OperatingIncomeLoss.

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
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)
Six Months Ended June 30, 2026
(in millions)Turbos & Thermal TechnologiesDrivetrain & Morse SystemsPowerDrive SystemsBattery Energy SystemsInter-segment eliminationsTotal
Net sales - customers$2,872$2,868$1,239$202$7,181
Net sales - inter-segment3913(25)

Item 1. Financial Statements

FAQ

What is BorgWarner's drivetrain & morse systems — segment adjusted operating income (loss)?
BorgWarner (BWA) reported drivetrain & morse systems — segment adjusted operating income (loss) of $277M in Q2 2026.
How has BorgWarner's drivetrain & morse systems — segment adjusted operating income (loss) changed year-over-year?
BorgWarner's drivetrain & morse systems — segment adjusted operating income (loss) increased by 6.5% year-over-year, from $260M to $277M.
What is the long-term trend for BorgWarner's drivetrain & morse systems — segment adjusted operating income (loss)?
Over 3 years (2022 to 2025), BorgWarner's drivetrain & morse systems — segment adjusted operating income (loss) has grown at a 10.0% compound annual growth rate (CAGR), from $783M to $1.04B.
What does drivetrain & morse systems — segment adjusted operating income (loss) mean?
Measures the core profitability of the segment after excluding non-recurring or non-operational charges. It provides a normalized view of how effectively the segment converts sales into profit. This is a primary indicator of the segment's underlying operational health.

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