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Phinia PHIN Aftermarket — Cost of Sales

Other segment segments

Fuel Systems
$499M+2.5%

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Other financials

Income statement

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

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
Line itemFuel SystemsAftermarketInter-segment EliminationsConsolidated
Inter-segment eliminations$26$(26)
Net Sales$610$356$(26)$940
Less:
Cost of sales499252
Selling, general and administrative expenses (excluding Net R&D costs shown separately below)12139
Net R&D costs303
Other segment items2(4)1
Segment AOI$64$61

Item 1. Financial Statements

FAQ

What is Phinia's aftermarket — cost of sales?
Phinia (PHIN) reported aftermarket — cost of sales of $252M in Q2 2026.
How has Phinia's aftermarket — cost of sales changed year-over-year?
Phinia's aftermarket — cost of sales decreased by 3.4% year-over-year, from $261M to $252M.
What is the long-term trend for Phinia's aftermarket — cost of sales?
Over 3 years (2022 to 2025), Phinia's aftermarket — cost of sales has grown at a -1.0% compound annual growth rate (CAGR), from $972M to $943M.
What does aftermarket — cost of sales mean?
Includes the direct costs attributable to the production and procurement of goods sold within the aftermarket segment, such as raw materials, direct labor, and manufacturing overhead. Monitoring this metric is essential for evaluating the segment's gross margin efficiency and cost control capabilities.

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