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BorgWarner BWA Restructuring Charges

Discontinued — last reported Q2 '26

Restructuring Charges at other companies

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$366K-45.6%
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$17.06M+498%
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$5.96M+183%
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$3.9M-18.8%
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$37.1M-50.4%
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$19.72M+290%

Segments

By segment

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Battery Energy Systems$12M+140%
Turbos & Thermal Technologies$4M-60.0%
PowerDrive Systems$3M+200%
Drivetrain & Morse Systems$2M+100%

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: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
(in millions, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of sales2,9272,9985,7835,874
Gross profit7216401,3981,279
Selling, general and administrative expenses331317659632
Restructuring expense21173948
Other operating (income) expense, net(1)14(6)31
Impairment charges342
Operating income370289706526
Equity in affiliates’ earnings, net of tax(10)(8)(16)(18)

Item 1. Financial Statements

FAQ

What is BorgWarner's restructuring charges?
BorgWarner (BWA) reported restructuring charges of $21M in Q2 2026.
How has BorgWarner's restructuring charges changed year-over-year?
BorgWarner's restructuring charges increased by 23.5% year-over-year, from $17M to $21M.
What is the long-term trend for BorgWarner's restructuring charges?
Over 3 years (2022 to 2025), BorgWarner's restructuring charges has grown at a 24.0% compound annual growth rate (CAGR), from $53M to $101M.
What does restructuring charges mean?
One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

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