BorgWarner Q1 net income rises sharply and it reiterates 2026 guidance
Updated
Updated · MarketWatch · May 6
BorgWarner Q1 net income rises sharply and it reiterates 2026 guidance
11 articles · Updated · MarketWatch · May 6
The Auburn Hills, Michigan, auto-parts maker posted net income of $242 million, or $1.16 a share, on sales up 1% to $3.53 billion, beating analyst estimates.
Adjusted earnings were $1.24 a share versus a $1.17 consensus, while drivetrain and PowerDrive growth offset weaker categories and supported full-year adjusted EPS guidance of $5 to $5.20.
BorgWarner still expects $14 billion to $14.3 billion in 2026 sales despite a projected organic decline, partly due to battery energy systems weakness, while expanding battery offerings to data centres.
Is BorgWarner's pivot to AI data centers a genius move or a sign its EV strategy is faltering?
With AI and EVs straining the grid, can this auto supplier's new tech become the surprising solution?