BORGWARNER INC
For the period ended Dec 31, 2025. Filed Feb 11, 2026.
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FY2025 · Filed Feb 11, 2026
BWA$51.44+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions, except per share amounts) | 2025 | 2024 | 2023 |
| Net sales | $14,316 | $14,086 | $14,198 |
| Cost of sales | 11,642 | 11,438 | 11,630 |
| Gross profit | 2,674 | 2,648 | 2,568 |
| Selling, general and administrative expenses | 1,304 | 1,350 | 1,316 |
| Restructuring expense | 101 | 74 | 79 |
| Other operating expense (income), net | 109 | 32 | (16) |
| Impairment charges | 624 | 646 | 29 |
| Operating income | 536 | 546 | 1,160 |
| Equity in affiliates’ earnings, net of tax | (35) | (27) | (30) |
| Unrealized and realized (gain) loss on equity and debt securities | (3) | 1 | 174 |
| Interest expense, net | 39 | 20 | 10 |
| Other postretirement expense | 11 | 13 | 15 |
| Earnings from continuing operations before income taxes and noncontrolling interest | 524 | 539 | 991 |
| Provision for income taxes | 189 | 111 | 289 |
| Net earnings from continuing operations | 335 | 428 | 702 |
| Net loss from discontinued operations | — | (29) | (7) |
| Net earnings | 335 | 399 | 695 |
| Net earnings from continuing operations attributable to the noncontrolling interest, net of tax | 58 | 61 | 70 |
| Net earnings attributable to BorgWarner Inc. | $277 | $338 | $625 |
| Amounts attributable to BorgWarner Inc.: | |||
| Net earnings from continuing operations | $277 | $367 | $632 |
| Net loss from discontinued operations | — | (29) | (7) |
| Net earnings attributable to BorgWarner Inc. | $277 | $338 | $625 |
| Earnings per share from continuing operations — basic | $1.29 | $1.64 | $2.71 |
| Loss per share from discontinued operations — basic | — | (0.13) | (0.03) |
| Earnings per share attributable to BorgWarner Inc. — basic | $1.29 | $1.51 | $2.68 |
| Earnings per share from continuing operations — diluted | $1.28 | $1.63 | $2.70 |
| Loss per share from discontinued operations — diluted | — | (0.13) | (0.03) |
| Earnings per share attributable to BorgWarner Inc. — diluted | $1.28 | $1.50 | $2.67 |
| Weighted average shares outstanding: | |||
| Basic | 214.2 | 223.5 | 232.8 |
| Diluted | 216.4 | 224.8 | 234.4 |
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