Garrett Motion Quarterly Income Statement
NASDAQ: GTXConsumer DiscretionaryAuto Parts:O.E.M.USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Garrett Motion revenue and earnings
In the quarter ended Mar 31, 2026, Garrett Motion generated $985.0 million in revenue, up 12.2% from the same quarter a year earlier. Net income was $95.0 million (+53.2% year over year), for a net margin of 9.6% versus a median of 9.4% in the prior 5 quarters. Gross margin was 19.9% (down from 20.4%).
Diluted earnings per share came in at $0.49, up from $0.30.
Summary generated from market data by MetaCap's automated system. Methodology
Garrett Motion income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 985.00M | 891.00M | 902.00M | 913.00M | 878.00M | 844.00M | 826.00M | 890.00M | 915.00M | 945.00M | 960.00M | 1.01B |
| Revenue growth (YoY) | +12.19% | +5.57% | +9.20% | +2.58% | -4.04% | -10.69% | -13.96% | -11.97% | -5.67% | +5.23% | +1.59% | +17.69% |
| Cost of Revenue | 789.00M | 706.00M | 716.00M | 732.00M | 699.00M | 662.00M | 660.00M | 705.00M | 743.00M | 756.00M | 784.00M | 809.00M |
| Gross Profit | 196.00M | 185.00M | 186.00M | 181.00M | 179.00M | 182.00M | 166.00M | 185.00M | 172.00M | 189.00M | 176.00M | 202.00M |
| Selling, General & Admin | 58.00M | 65.00M | 57.00M | 59.00M | 59.00M | 62.00M | 53.00M | 61.00M | 64.00M | 69.00M | 59.00M | 63.00M |
| Interest Expense | 27.00M | 25.00M | 29.00M | 25.00M | 29.00M | 26.00M | 37.00M | 62.00M | 31.00M | 51.00M | 50.00M | 30.00M |
| Other Income (Expense) | 8.00M | 9.00M | 3.00M | 6.00M | 1.00M | 6.00M | 1.00M | 1.00M | 5.00M | 1.00M | 4.00M | -7.00M |
| Pretax Income | 118.00M | 103.00M | 102.00M | 102.00M | 85.00M | 99.00M | 76.00M | 87.00M | 81.00M | 68.00M | 70.00M | 101.00M |
| Income Tax | 23.00M | 19.00M | 25.00M | 15.00M | 23.00M | -1.00M | 24.00M | 23.00M | 15.00M | 16.00M | 13.00M | 30.00M |
| Net Income | 95.00M | 84.00M | 77.00M | 87.00M | 62.00M | 100.00M | 52.00M | 64.00M | 66.00M | 52.00M | 57.00M | 71.00M |
| Net Income growth (YoY) | +53.23% | -16.00% | +48.08% | +35.94% | -6.06% | +92.31% | -8.77% | -9.86% | -18.52% | -53.57% | -45.71% | -16.47% |
| EPS (Basic) | 0.50 | 0.43 | 0.39 | 0.43 | 0.30 | 0.47 | 0.24 | 0.29 | 0.28 | 0.22 | 0.23 | -1.88 |
| EPS (Diluted) | 0.49 | 0.42 | 0.38 | 0.42 | 0.30 | 0.47 | 0.24 | 0.28 | 0.28 | 0.22 | 0.23 | -1.88 |
| Shares Outstanding (Basic) | 189.25M | — | 198.67M | 202.67M | 205.11M | — | 217.28M | 224.32M | 236.66M | — | 250.89M | 107.41M |
| Shares Outstanding (Diluted) | 193.20M | — | 202.19M | 205.26M | 207.57M | — | 218.40M | 225.90M | 238.99M | — | 252.38M | 107.41M |
| Gross Margin | 19.90% | 20.76% | 20.62% | 19.82% | 20.39% | 21.56% | 20.10% | 20.79% | 18.80% | 20.00% | 18.33% | 19.98% |
| Net Margin | 9.64% | 9.43% | 8.54% | 9.53% | 7.06% | 11.85% | 6.30% | 7.19% | 7.21% | 5.50% | 5.94% | 7.02% |
This table shows 12 quarterly periods of Garrett Motion's income statement, from Q1 2026 back to Q2 2023, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow GTX's reporting calendar. What is a income statement?