Garrett Motion Inc.
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
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 Statements of Equity (Deficit)
| Series APreferred Stock · Common Stock · Treasury Stock · Additional Paid-in Capital · Retained Deficit · Accumulated Other Comprehensive Income/(Loss) · Total Deficit | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares (1) · Amount · Shares · Amount | ||||||||||||
| (in millions) | ||||||||||||
| Balance at December 31, 2022 | 246 | $— | 64 | $— | $— | $— | $1,333 | $(1,485) | $36 | $(116) | ||
| Net income | — | — | — | — | — | — | — | 261 | — | 261 | ||
| Repurchases of Series A Preferred Stock | (70) | — | — | — | — | — | (366) | (201) | — | (567) | ||
| Repurchases of Common Stock | — | — | (28) | — | — | — | — | (213) | — | (213) | ||
| Excise tax on share repurchases | — | — | — | — | — | — | — | (8) | — | (8) | ||
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | — | (39) | (39) | ||
| Preferred Stock dividends | — | — | — | — | — | — | — | (42) | — | (42) | ||
| Issuance of Common Stock for preference dividends | — | — | 26 | — | — | — | 209 | (209) | — | — | ||
| Conversion of Series A Preferred Stock to Common Stock | (176) | — | 176 | — | — | — | — | (25) | — | (25) | ||
| Stock-based compensation | — | — | — | — | — | — | 14 | — | — | 14 | ||
| Balance at December 31, 2023 | — | $— | 238 | $— | $— | $— | $1,190 | $(1,922) | $(3) | $(735) | ||
| Net income | — | — | — | — | — | — | — | 282 | — | 282 | ||
| Share repurchases | — | — | — | — | 34 | (296) | — | — | — | (296) | ||
| Excise tax on share repurchases | — | — | — | — | — | (3) | — | — | — | (3) | ||
| Shares issued under stock plan, net of shares withheld for employee taxes | — | — | 3 | — | 1 | (7) | — | — | — | (7) | ||
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | — | 76 | 76 | ||
| Common Stock dividends | — | — | — | — | — | — | — | (13) | — | (13) | ||
| Stock-based compensation | — | — | — | — | — | — | 23 | — | — | 23 | ||
| Balance at December 31, 2024 | — | $— | 241 | $— | $35 | $(306) | $1,213 | $(1,653) | $73 | $(673) | ||
| Net income | — | — | — | — | — | — | — | 310 | — | 310 | ||
| Share repurchases | — | — | — | — | 17 | (208) | — | — | — | (208) | ||
| Excise tax on share repurchases | — | — | — | — | — | (2) | — | — | — | (2) | ||
| Shares issued under stock plan, net of shares withheld for employee taxes | — | — | 2 | — | — | (4) | — | — | — | (4) | ||
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | — | (211) | (211) | ||
| Common Stock dividends | — | — | — | — | — | — | — | (41) | — | (41) | ||
| Stock-based compensation | — | — | — | — | — | — | 27 | — | 27 | |||
| Balance at December 31, 2025 | — | $— | 243 | $— | 52 | $(520) | $1,240 | $(1,384) | $(138) | $(802) | ||
- Common shares issued less treasury shares equals common shares outstanding
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