What is Phinia's due from former parent?

Phinia (PHIN) reported due from former parent of $49M in Q1 2026.

How has Phinia's due from former parent changed year-over-year?

Phinia's due from former parent decreased by 30.0% year-over-year, from $70M to $49M.

Over 2 years (2023 to 2025), Phinia's due from former parent has grown at a -43.4% compound annual growth rate (CAGR), from $159M to $51M.

Revenue$878.0M+10.3%

Gross profit$188.0M+9.3%

Operating income$69.0M+11.3%

Net income$37.0M+42.3%

EPS (diluted)$0.96+52.4%

Cash & equivalents$328.0M-12.1%

Total debt$1.0B-0.4%

Total equity$1.5B+0.8%

Total assets$3.8B+1.4%

Operating cash flow$53.0M+32.5%

CapEx$32.0M-8.6%

Free cash flow$21.0M+320%

Market cap$3.09B+49.8%

Gross margin21.8%-0.2pp

Operating margin7.3%-0.2pp

Net margin4%+1.7pp

FCF margin5.7%-0.9pp

Return on equity9.1%+4.7pp

Debt / equity0.7×0.0×

Current ratio1.8×0.0×

Reported directly by Phinia in its filing.

Tagged under the XBRL concept phin:ReceivablesDueFromFormerParent.

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

What is Phinia's due from former parent?: Phinia (PHIN) reported due from former parent of $49M in Q1 2026.
How has Phinia's due from former parent changed year-over-year?: Phinia's due from former parent decreased by 30.0% year-over-year, from $70M to $49M.
What is the long-term trend for Phinia's due from former parent?: Over 2 years (2023 to 2025), Phinia's due from former parent has grown at a -43.4% compound annual growth rate (CAGR), from $159M to $51M.