Garrett Motion Inc.
For the period ended Sep 30, 2025. Filed Oct 23, 2025.
View on SEC.govAbout this filing
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.
Sep 30, 2025 · Filed Oct 23, 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 Operations (Unaudited)
CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| (Dollars in millions, except per share amounts) | ||||
| Net sales (Note 3) | $902 | $826 | $2,693 | $2,631 |
| Cost of goods sold | 716 | 660 | 2,147 | 2,108 |
| Gross profit | 186 | 166 | 546 | 523 |
| Selling, general and administrative expenses | 57 | 53 | 175 | 178 |
| Other expense, net | 1 | 1 | 9 | 5 |
| Interest expense | 29 | 37 | 83 | 130 |
| Gain on sale of equity investment (Note 22) | — | — | — | (27) |
| Non-operating income, net | (3) | (1) | (10) | (7) |
| Income before taxes | 102 | 76 | 289 | 244 |
| Tax expense (Note 5) | 25 | 24 | 63 | 62 |
| Net income | $77 | $52 | $226 | $182 |
| Earnings per common share | ||||
| Basic | $0.39 | $0.24 | $1.12 | $0.80 |
| Diluted | 0.38 | 0.24 | 1.10 | 0.80 |
| Weighted average common shares outstanding | ||||
| Basic | 198,668,143 | 217,283,749 | 202,127,953 | 226,057,803 |
| Diluted | 202,194,334 | 218,403,681 | 205,130,616 | 227,649,747 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.