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Phinia PHIN Operating Income

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Segments

By segment

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Fuel Systems$64M+3.2%
Aftermarket$61M+7.0%

Other financials

Income statement

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Revenue$940.0M+5.6%
Gross profit$216.0M+9.6%
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:OperatingIncomeLoss.

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
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)
Interest income(2)(4)(4)(8)
Interest expense21214140
Other postretirement (income) expense, net(2)1(3)2

Item 1. Financial Statements

FAQ

What is Phinia's operating income?
Phinia (PHIN) reported operating income of $80M in Q2 2026.
How has Phinia's operating income changed year-over-year?
Phinia's operating income decreased by 10.1% year-over-year, from $89M to $80M.
What is the long-term trend for Phinia's operating income?
Over 4 years (2021 to 2025), Phinia's operating income has grown at a 9.9% compound annual growth rate (CAGR), from $174M to $254M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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