Short answer
Garrett Motion Inc. (GTX) filed an 8-K current report with the SEC on April 30, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results for three months ended March 31, 2026.
Garrett Motion Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results for three months ended March 31, 2026
- Press release issued April 30, 2026
- Detailed financial results available in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q1 net sales $985M, up 12% reported and 6% constant currency, led by commercial vehicle, industrial, and aftermarket demand
- Adjusted EBIT $151M, margin 15.3% versus 14.9%; net income $95M versus $62M, with margin rising to 9.6%
- Operating cash flow $98M and adjusted free cash flow $49M, supporting $87M share repurchases and $0.08-per-share dividend
- 2026 outlook raised: net sales $3.6B-$3.9B, adjusted EBIT $520M-$600M, adjusted free cash flow $355M-$475M
- Electrification pipeline strengthened through E-Powertrain and E-Cooling awards, including battery energy storage and range-extended EV applications
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