BorgWarner quarterly profit rises on powertrain demand, cost-saving measures

Reuters
Feb 11
BorgWarner quarterly profit rises on powertrain demand, cost-saving measures

Feb 11 (Reuters) - Auto parts supplier BorgWarner BWA.N on Wednesday reported a higher fourth-quarter adjusted profit and revenue, helped by demand for its electrified powertrains and cost-saving measures.

Demand for electric vehicles has been lower with automakers reconsidering their costly pivots after facing stiff competition from Chinese rivals and the Trump administration's move to roll back on EV tax credits.

BorgWarner has leaned on its traditional products such as turbochargers and powertrain systems including their hybrid systems to offset that hit.

Although some industrial firms have realigned their goals to focus on energy storage and capitalize on the AI-led boom in data centers, BorgWarner is also pushing into the space as operators look for reliable, high-power alternatives to strained grids.

The company on Wednesday said it signed a supply agreement for a turbine generator system aimed at AI-driven data centers and other microgrid applications, with production expected in early 2027.

For full-year 2026, BorgWarner expects net sales between $14.0 billion and $14.3 billion, compared with analysts' estimates of about $14.7 billion, according to data compiled by LSEG.

BorgWarner's adjusted operating margin rose to 12.0% compared with 10.2% a year ago.

On an adjusted basis it earned a profit per share of $1.35 for the quarter ended December 31, compared with $1.01 a year earlier. Analysts on average expected $1.19 per share.

Its quarterly revenue rose by nearly 4% to $3.57 billion from $3.44 billion a year earlier.

(Reporting by Nathan Gomes in Bengaluru; Editing by Shailesh Kuber)

((Nathan.Gomes@thomsonreuters.com;))

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