Garrett Motion Q3 net income rises 26% to $97 million; Q3 net sales climb to $930 million

Bitget2026/10/29 10:56

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Garrett Motion’s third-quarter 2026 net income jumped 26% year over year to $97 million.
Net sales rose to $930 million, while net cash provided by operating activities climbed 35% to $135 million.
A new share repurchase program authorizes up to $250 million of common stock buybacks for calendar 2027.
E-Powertrain and E-Cooling compressor remain on track to start production in 2027.
Full-year 2026 guidance projects net income of $337 million-$352 million and net sales of $3.75 billion-$3.85 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Garrett Motion Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290655PRIMZONEFULLFEED9855755) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Garrett Motion Q3 net income rises 26% to $97 million; Q3 net sales climb to $930 million

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