The financials
Garrett Motion Inc. by the numbers
Garrett Motion Inc. (GTX) reported revenue of $985M in Q1 2026 (quarter ended March 31, 2026), up 12% from the same quarter a year earlier. That came with a gross margin of 20% and net income of $95M (9.6% of revenue). For the full year FY2025, revenue was $3.58B (+3.1% year on year) and net income $310M. Its largest region in 2026-Q1 was Rest Of Europe at $410M, 42% of the disclosed total, just ahead of US at 18%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $985M | $878M | +12% |
| Gross profit | $196M | $179M | +9.5% |
| Net income | $95M | $62M | +53% |
| Diluted EPS | $0.49 | $0.30 | +63% |
| Geographic | Revenue | Share |
|---|---|---|
| Rest Of Europe | $410M | 42% |
| US | $179M | 18% |
| CN | $167M | 17% |
| Rest Of Asia | $110M | 11% |
| DE | $93M | 9.4% |
| Other International | $26M | 2.6% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $985.0M (+9.2%)
Other International grew +30% year on yearUS +1.7% year on year
Segment Latestquarter on quarteryear on year
- Rest Of Europe$410.0M$410.0MQoQ +21%year on year +22%+21%+22%
- US$179.0M$179.0MQoQ +5.3%year on year +1.7%+5.3%+1.7%
- CN$167.0M$167.0MQoQ 0.00%year on year +9.2%0.00%+9.2%
- Rest Of Asia$110.0M$110.0MQoQ +13%year on year +5.8%+13%+5.8%
- DE$93.0M$93.0MQoQ -3.1%year on year +4.5%-3.1%+4.5%
- Other International$26.0M$26.0MQoQ -24%year on year +30%-24%+30%