Garrett Motion beats second quarter estimates with $976M revenue and raises its full-year 2026 outlook.

Garrett Motion reported second quarter revenue of $976 million and diluted EPS of $0.53, beating consensus estimates of $964.4 million and $0.46, respectively. Following the strong results, the company raised the low end of its full-year 2026 guidance.

Key Highlights

• Revenue grew 7% year-over-year to $976 million (5% on a constant currency basis), driven by market share gains and strong demand in commercial and industrial vehicles.
• Adjusted EBIT margin expanded by 200 basis points year-over-year to 15.6%, which the company attributed to disciplined operational execution.
• Garrett Motion raised its full-year 2026 net sales outlook to a range of $3.7 billion to $3.9 billion, up from a previous range of $3.6 billion to $3.9 billion.