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Phinia PHIN Gross Profit

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Other financials

Income statement

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Revenue$940.0M+5.6%
Operating income$80.0M-10.1%
Net income$40.0M-13.0%
EPS (diluted)$1.05-7.9%

Balance sheet

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Cash & equivalents$370.0M+6.6%
Total debt$1.1B+1.8%
Total equity$1.5B-5.3%
Total assets$3.8B-1.3%

Cash flow

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Operating cash flow$91.0M+59.6%
CapEx$22.0M-35.3%
Free cash flow$69.0M+200%

Valuation

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Market cap$2.74B+39.4%
Enterprise value$3.44B+28.9%
P/E20.3×+2.1×
P/S0.8×+0.2×

Profitability

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Gross margin22%-0.1pp
Operating margin7%-1.0pp
Net margin3.7%+0.5pp
FCF margin6.9%+2.4pp

Returns & leverage

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Return on equity8.5%+2.1pp
Debt / equity0.7×0.0×
Current ratio1.8×-0.1×

Where this comes from

Reported directly by Phinia in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Phinia’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 10:52 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001968915-26-000111
(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
Net sales$940$890$1,818$1,686
Cost of sales7246931,4141,317
Gross profit216197404369
Selling, general and administrative expenses128112243219
Restructuring expense82117
Other operating (income) expense, net(6)1(8)
Operating income8089149151
Equity in affiliates’ earnings, net of tax(4)(4)(9)(8)

Item 1. Financial Statements

FAQ

What is Phinia's gross profit?
Phinia (PHIN) reported gross profit of $216M in Q2 2026.
How has Phinia's gross profit changed year-over-year?
Phinia's gross profit increased by 9.6% year-over-year, from $197M to $216M.
What is the long-term trend for Phinia's gross profit?
Over 4 years (2021 to 2025), Phinia's gross profit has grown at a 3.0% compound annual growth rate (CAGR), from $676M to $762M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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