BorgWarner Q2 2026 Results Overview
BorgWarner Inc. (NYSE:BWA) reported second‑quarter 2026 adjusted earnings per share of $1.42, surpassing the consensus estimate of $1.27. The beat prompted a 4.70 % rise in the stock during pre‑market trading.
Revenue for the quarter was $3.65 billion, exceeding the $3.57 billion consensus and representing a 0.3 % year‑over‑year increase from $3.64 billion in Q2 2025. Organic net sales declined 1.2 % YoY; however, when the $60 million decline in the Battery Energy Systems segment is excluded, organic net sales showed a modest increase.
Adjusted operating margin improved to 11.3 %, up 100 basis points from the same quarter last year. The company repurchased approximately $100 million of its own shares and paid a $34 million cash dividend during the quarter.
Guidance for the full year 2026 was raised: adjusted EPS is now projected between $5.05 and $5.30, up from the prior $5.00‑$5.20 range, with the midpoint of $5.18 matching analyst consensus. Net sales for 2026 are expected to lie between $14.0 billion and $14.3 billion, compared with 2025 net sales of $14.3 billion. Adjusted operating margin for the year is forecast at 10.7 %‑10.9 %, and free cash flow is projected between $900 million and $1.1 billion.
The company also announced an increase of $1 billion to its share‑repurchase authorization, bringing total authorization to approximately $1.35 billion through 2029.