
• Reported GAAP EPS of $0.96 up 50.00% YoY • Reported revenue of $878M up 10.30% YoY • PHINIA continues to expect 2026 net sales of $3.52 billion to $3.72 billion, with net earnings projected from $165 million to $195 million and adjusted EBITDA from $485 million to $525 million.
Bullish
PHINIA secured strategic wins, including its third consecutive alternative fuel program in India and a jet fuel direct injector program for drones. The company also expanded its Aftermarket presence with new customers in Europe and Asia Pacific.
Bearish
PHINIA faces risks from adverse economic conditions, including recessions and geopolitical tensions. The company also contends with challenges in adapting to evolving emissions regulations and elevated inflation and volatile commodity costs.