BorgWarner BWA PowerDrive 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
2024 Structural Cost Plan In June 2024, the Company approved an approximately $75 million restructuring plan to address the cost structure in its PowerDrive Systems reportable segment due to electric vehicle adoption volatility across different regions, which could include realignment of the segment’s manufacturing footprint. During the three and six months ended June 30, 2026, the Company recorded $3 million and $2 million, respectively, of restructuring charges related to this plan. During the three and six months ended June 30, 2025, the Company recorded $1 million and $17 million, respectively, of restructuring costs related to this plan. Cumulatively, the Company has incurred $46 million of restructuring charges related to this plan as of June 30, 2026. The actions under this plan are expected to be completed in 2027.
Item 1. Financial Statements
FAQ
- What is BorgWarner's powerdrive systems — restructuring expense, net?
- BorgWarner (BWA) reported powerdrive systems — restructuring expense, net of $3M in Q2 2026.
- How has BorgWarner's powerdrive systems — restructuring expense, net changed year-over-year?
- BorgWarner's powerdrive systems — restructuring expense, net increased by 200.0% year-over-year, from $1M to $3M.
- What does powerdrive systems — restructuring expense, net mean?
- The net expense recognized in the income statement related to restructuring activities, including both charges and reversals. It provides a view of the recurring or non-recurring costs required to maintain the segment's operational efficiency.
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