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BorgWarner BWA Contract Liabilities

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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:ContractWithCustomerLiabilityNoncurrent.

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 limited instances, the Company has received consideration related to unsatisfied or partially unsatisfied performance obligations resulting in deferred recognition of revenue and reflected as a contract liability. As of June 30, 2026, these contract liabilities are reflected as Other current liabilities and Other non- current liabilities in the Condensed Consolidated Balance Sheets and were $24 million and $2 million, respectively. As of December 31, 2025, Other current liabilities and Other non-current liabilities were each $1 million. These amounts are reflected as revenue over the term of the arrangement (typically three to seven years) as the underlying products are shipped and represent the Company’s remaining performance obligations as of the end of the period.

Item 1. Financial Statements

FAQ

What is BorgWarner's contract liabilities?
BorgWarner (BWA) reported contract liabilities of $2M in Q2 2026.
What is the long-term trend for BorgWarner's contract liabilities?
Over 2 years (2021 to 2025), BorgWarner's contract liabilities has grown at a -87.9% compound annual growth rate (CAGR), from $68M to $1M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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