The financials
BorgWarner Inc. by the numbers
BorgWarner Inc. (BWA) reported revenue of $3.65B in Q2 2026 (quarter ended June 30, 2026), up 0.3% from the same quarter a year earlier. That came with a gross margin of 20% and net income of $277M (7.6% of revenue). For the full year FY2025, revenue was $14.3B (+1.6% year on year) and net income $277M. Its largest segment in 2026-Q2 was Drivetrain Morse Systems at $578M, 54% of the disclosed total, just ahead of Turbos Thermal Technologies at 33%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $3.65B | $3.64B | +0.3% |
| Gross profit | $721M | $640M | +13% |
| Operating income | $370M | $289M | +28% |
| Net income | $277M | $224M | +24% |
| Diluted EPS | $1.34 | $1.03 | +30% |
| Operating | Revenue | Share |
|---|---|---|
| Drivetrain Morse Systems | $578M | 54% |
| Turbos Thermal Technologies | $354M | 33% |
| Power Drive Systems | $89M | 8.4% |
| Battery Charging Systems | $40M | 3.8% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.06B (+4.9%)
Power Drive Systems grew +31% year on yearBattery Charging Systems -15% year on year
Segment Latestquarter on quarteryear on year
- Drivetrain Morse Systems$578.0M$578.0MQoQ +6.4%year on year +8.9%+6.4%+8.9%
- Turbos Thermal Technologies$354.0M$354.0MQoQ +2.9%year on year -0.56%+2.9%-0.56%
- Power Drive Systems$89.0M$89.0MQoQ +11%year on year +31%+11%+31%
- Battery Charging Systems$40.0M$40.0MQoQ -9.1%year on year -15%-9.1%-15%