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Garrett Motion Inc. GTX Work in process

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Other financials

Income statement

Revenue$985.0M+12.2%

Gross profit$196.0M+9.5%

Net income$95.0M+53.2%

EPS (diluted)$0.49+63.3%

Balance sheet

Cash & equivalents$142.0M+9.2%

Total debt$1.5B-3.5%

Total equity-$781.0M-11.6%

Total assets$2.4B+4.3%

Cash flow

Operating cash flow$98.0M+75.0%

CapEx$29.0M+11.5%

Free cash flow$69.0M+130%

Valuation

Market cap$6.42B+101%

Enterprise value$7.75B+53.8%

P/E18.7×+7.2×

P/S1.7×+0.8×

Profitability

Gross margin20.3%-0.4pp

Net margin9.3%+1.2pp

FCF margin10.3%+1.7pp

Returns & leverage

Return on equity-46.3%—

Debt / equity-1.9×—

Current ratio1×0.0×

Where this comes from

Reported directly by Garrett Motion Inc. in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: Garrett Motion Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Garrett Motion Inc.'s work in process?: Garrett Motion Inc. (GTX) reported work in process of $19M in Q1 2026.
How has Garrett Motion Inc.'s work in process changed year-over-year?: Garrett Motion Inc.'s work in process decreased by 17.4% year-over-year, from $23M to $19M.
What is the long-term trend for Garrett Motion Inc.'s work in process?: Over 5 years (2020 to 2025), Garrett Motion Inc.'s work in process has grown at a 1.0% compound annual growth rate (CAGR), from $19M to $20M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.