Garrett Motion Inc.
For the period ended Jun 30, 2025. Filed Jul 24, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 24, 2025
GTX$20.68-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Interim Statements of Equity (Deficit) (Unaudited)
CONSOLIDATED INTERIM STATEMENTS OF EQUITY (DEFICIT)
| Common Stock · Treasury Stock · AdditionalPaid-in Capital · Retained Deficit · Accumulated Other Comprehensive Income / (Loss) · Total Deficit | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares (1) · Amount · Shares · Amount | ||||||||
| (in millions) | ||||||||
| Balance at December 31, 2024 | 241 | $— | 35 | $(306) | $1,213 | $(1,653) | $73 | $(673) |
| Net income | — | — | — | — | — | 62 | — | 62 |
| Share repurchases | — | — | 3 | (30) | — | — | — | (30) |
| Shares issued under stock plan, net of shares withheld for employee taxes | 1 | — | — | (3) | — | — | — | (3) |
| Other comprehensive loss, net of tax | — | — | — | — | — | — | (62) | (62) |
| Stock-based compensation | — | — | — | — | 6 | — | — | 6 |
| Balance at March 31, 2025 | 242 | $— | 38 | $(339) | $1,219 | $(1,591) | $11 | $(700) |
| Net income | — | — | — | — | — | 87 | — | 87 |
| Share repurchases | — | — | 3 | (22) | — | — | — | (22) |
| Shares issued under stock plan, net of shares withheld for employee taxes | — | — | — | (1) | — | — | — | (1) |
| Other comprehensive loss, net of tax | — | — | — | — | — | — | (170) | (170) |
| Dividends | — | — | — | — | — | (13) | — | (13) |
| Stock-based compensation | — | — | — | — | 7 | — | — | 7 |
| Balance at June 30, 2025 | 242 | $— | 41 | $(362) | $1,226 | $(1,517) | $(159) | $(812) |
| Common Stock · Treasury Stock · AdditionalPaid-in Capital · Retained Deficit · Accumulated Other Comprehensive (Loss) / Income · Total Deficit | ||||||||
| Shares (1) · Amount · Shares · Amount | ||||||||
| (in millions) | ||||||||
| Balance at December 31, 2023 | 238 | $— | — | $— | $1,190 | $(1,922) | $(3) | $(735) |
| Net income | — | — | — | — | — | 66 | — | 66 |
| Share repurchases | — | — | 12 | (109) | — | — | — | (109) |
| Excise tax on share repurchases | — | — | — | (1) | — | — | — | (1) |
| Shares issued under stock plan, net of shares withheld for employee taxes | 2 | — | 1 | (5) | — | — | — | (5) |
| Other comprehensive income, net of tax | — | — | — | — | — | — | 41 | 41 |
| Stock-based compensation | — | — | — | — | 8 | — | — | 8 |
| Balance at March 31, 2024 | 240 | $— | 13 | $(115) | $1,198 | $(1,856) | $38 | $(735) |
| Net income | — | — | — | — | — | 64 | — | 64 |
| Share repurchases | — | — | 7 | (65) | — | — | — | (65) |
| Excise tax on share repurchases | — | — | — | (1) | — | — | — | (1) |
| Shares issued under stock plan, net of shares withheld for employee taxes | 1 | — | — | (1) | — | — | — | (1) |
| Other comprehensive income, net of tax | — | — | — | — | — | — | 8 | 8 |
| Stock-based compensation | — | — | — | — | 5 | — | — | 5 |
| Balance at June 30, 2024 | 241 | $— | 20 | $(182) | $1,203 | $(1,792) | $46 | $(725) |
1)Common shares issued less treasury shares equals common shares outstanding
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