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BorgWarner BWA PowerDrive Systems — Restructuring expense, net of cash paid

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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 powerdrive systems — restructuring expense, net of cash paid?
BorgWarner (BWA) reported powerdrive systems — restructuring expense, net of cash paid of $3M in Q2 2026.
How has BorgWarner's powerdrive systems — restructuring expense, net of cash paid changed year-over-year?
BorgWarner's powerdrive systems — restructuring expense, net of cash paid increased by 200.0% year-over-year, from $1M to $3M.
What is the long-term trend for BorgWarner's powerdrive systems — restructuring expense, net of cash paid?
Over 2 years (2022 to 2025), BorgWarner's powerdrive systems — restructuring expense, net of cash paid has grown at a 456.8% compound annual growth rate (CAGR), from $1M to $31M.
What does powerdrive systems — restructuring expense, net of cash paid mean?
Measures the net impact of restructuring activities within the segment after accounting for cash outflows related to those initiatives. It highlights the efficiency of the company's efforts to optimize its cost structure and operational footprint.

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