Skip to content

Phinia PHIN Fuel Systems — Net R&D costs

Other segment segments

Aftermarket
$3M0.0%

Similar metrics at other companies

General Electric logo
GEDefense & Propulsion Technologies — R&D
$86M+19.4%
Cummins logo
CMIEngine — Research and Development Expense
$164M+5.8%
Boeing logo
BAGlobal Services — Research and development expense, net
$22M-24.1%
Teledyne Technologies logo
TDYEngineered Systems — R&D
$200K
Boeing logo
BADefense, Space & Security — Research and development expense, net
$174M-12.6%
Brunswick logo
BCPropulsion — Research and Development Expense
$24.4M+31.9%

Other financials

Income statement

See full
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%

Balance sheet

See full
Cash & equivalents$328.0M-12.1%
Total debt$1.0B-0.4%
Total equity$1.5B+0.8%
Total assets$3.8B+1.4%

Cash flow

See full
Operating cash flow$53.0M+32.5%
CapEx$32.0M-8.6%
Free cash flow$21.0M+320%

Valuation

See full
Market cap$2.98B+49.8%
Enterprise value$3.69B+37.6%
P/E21.1×-5.0×
P/S0.8×+0.2×

Profitability

See full
Gross margin21.8%-0.2pp
Operating margin7.3%-0.2pp
Net margin4%+1.7pp
FCF margin5.7%-0.9pp

Returns & leverage

See full
Return on equity9.1%+4.7pp
Debt / equity0.7×0.0×
Current ratio1.8×0.0×

Where this comes from

Reported directly by Phinia in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

Ask your AI about Phinia's fuel systems — net r&d costs.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Phinia's fuel systems — net R&D costs?
Phinia (PHIN) reported fuel systems — net R&D costs of $26M in Q1 2026.
How has Phinia's fuel systems — net R&D costs changed year-over-year?
Phinia's fuel systems — net R&D costs increased by 4.0% year-over-year, from $25M to $26M.
What is the long-term trend for Phinia's fuel systems — net R&D costs?
Over 3 years (2022 to 2025), Phinia's fuel systems — net R&D costs has grown at a 0.7% compound annual growth rate (CAGR), from $92M to $94M.
What does fuel systems — net R&D costs mean?
Represents the expenditures dedicated to research and development for fuel system technologies, net of any reimbursements or credits. This metric is a key indicator of the segment's commitment to innovation and its ability to maintain a competitive edge in propulsion efficiency.