PHINIA Q2 sales rise 5.6% to $940.0M, but net income falls 13% to $40.0M on higher costs

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 24, 2025 · ~1 min read

Key Changes

• high

  Net income fell 13% to $40.0M and diluted EPS declined 7.9% to $1.05, despite a 5.6% revenue increase to $940.0M, as restructuring and employee costs rose.

  MD&A: Results verify on EDGAR →
• high

  PHINIA completed the $46M acquisition of Swedish Electromagnet Invest AB (SEM) and agreed to acquire stoba Group for ~$150M, expected to close in Q4 2026.

  MD&A: Acquisitions verify on EDGAR →
• high

  The company expects to receive tariff reimbursements from the federal government related to IEEPA and court rulings, with some reimbursements already received but timing uncertain.

  MD&A: Tariffs verify on EDGAR →