UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q QUARTERLY REPORT (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 1-12162 BORGWARNER INC. ________________________________________________ (Exact name of registrant as specified in ...

BorgWarner (BWA) Q1 2025 Earnings Call May 07, 2025 09:30 AM ET Company Participants Patrick Nolan - Vice President, Investor RelationsJoseph Fadool - President & CEOCraig Aaron - Executive VP & CFOJohn Murphy - Managing DirectorJoseph Spak - Managing DirectorWinnie Dong - Director, Equity Research Conference Call Participants Colin Langan - Automotive & Mobility AnalystJames Picariello - Director & Sr. Automotive AnalystDan Levy - Senior Equity Research AnalystMark Delaney - AnalystEmmanuel Rosner - Managi ...

BorgWarner (BWA) Q1 2025 Earnings Call May 07, 2025 09:30 AM ET Speaker0 Good morning. My name is Wyatt, and I will be your conference specialist. At this time, I would like to welcome everyone to the BorgWarner twenty twenty five First Quarter Results Conference Call. All participants will be in listen only mode. I would now like to turn the call over to Patrick Nolan, Vice President of Investor Relations. Mr. Nolan, you may begin your conference. Speaker1 Thank you, Wyatt. Good morning, everyone. Thank yo ...

BorgWarner (BWA) reported adjusted earnings of $1.11 per share for the first quarter of 2025, which surpassed the Zacks Consensus Estimate of 98 cents and increased from $1.03 recorded in the prior-year quarter. Better-than-expected adjusted operating income from the Turbos & Thermal Technologies unit drove the outperformance.The automotive equipment supplier reported net sales of $3.52 billion, which topped the Zacks Consensus Estimate of $3.39 billion. The top line, however, declined 2% year over year.BWA ...

BorgWarner (BWA) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.27%. A quarter ago, it was expected that this auto parts supplier would post earnings of $0.92 per share when it actually produced earnings of $1.01, delivering a surprise of 9.78%.Over the last four quarters, the com ...

Exhibit 99.1 Immediate Release Contact: Patrick Nolan 248.754.0884 BorgWarner Reports Strong First Quarter 2025 Results Announces Exit of Charging Business Secures New Business Across Portfolio to Support Future Growth Auburn Hills, Michigan, May 7, 2025 – BorgWarner Inc. (NYSE: BWA) today reported first quarter results. First Quarter Results and Business Update New Business Awards Across Portfolio The Company secured multiple new business awards that are expected to support its future long-term profitable ...

Q1 2025 Non-GAAP Financial Measures Investor Presentation This presentation may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "projec ...

Core Insights - The company reported a decrease in U.S. GAAP net sales of approximately 2% for the first quarter of 2025 compared to the same period in 2024, with net sales totaling $3,515 million [5][6][14] - Adjusted earnings per diluted share increased by approximately 8% to $1.11 in Q1 2025, up from $1.03 in Q1 2024, despite a decline in net earnings per diluted share from $0.93 to $0.72 [4][6] - The company has provided full-year 2025 guidance, expecting net sales between $13.6 billion and $14.2 billion, reflecting slight growth from 2024 sales of approximately $14.1 billion [7][8] Financial Performance - U.S. GAAP net earnings for Q1 2025 were $157 million, down from $213 million in Q1 2024, while adjusted net earnings were $1.11 per diluted share, an increase from $1.03 [6][14] - The company achieved an adjusted operating margin of 10.0% in Q1 2025, compared to a U.S. GAAP operating margin of 6.7%, reflecting a 60 basis point improvement year-over-year [5][6] - The company reported net cash provided by operating activities of $82 million for Q1 2025, a significant improvement from a net cash used of $(118) million in Q1 2024 [17] Business Developments - The company secured multiple new business awards, including a high-volume hybrid eMotor award and a high-voltage coolant heater award, which are expected to support long-term profitable growth [2][5] - The company plans to exit its Charging business, which is anticipated to eliminate approximately $30 million in annualized adjusted operating losses [5][6] - The company is consolidating its North American Battery Systems business, aiming for annual cost savings of approximately $20 million by 2026 [5] Market Outlook - The company expects its weighted light and commercial vehicle markets to decline by 4% to 2% in 2025, a revision from the previous estimate of down 3% to down 1% [7][8] - The sales guidance implies a year-over-year change in organic sales of down 2% to up 2%, with an estimated outgrowth above market production of approximately 200 to 400 basis points [7][8] - The company anticipates operating margins in the range of 8.1% to 8.6% for 2025, with adjusted operating margins expected to be between 9.6% and 10.2% [8]

Core Viewpoint - Wall Street anticipates a year-over-year decline in BorgWarner's earnings and revenues for the quarter ended March 2025, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - BorgWarner is expected to report quarterly earnings of $0.98 per share, reflecting a year-over-year decrease of 4.9% [3]. - Revenues are projected to be $3.39 billion, down 5.6% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.04% lower in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +1.39% suggests analysts have recently become more optimistic about BorgWarner's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically produced positive surprises nearly 70% of the time [8]. Historical Performance - BorgWarner has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +9.78% in the last reported quarter [12][13]. Industry Context - In the Zacks Automotive - Original Equipment industry, Lear is expected to report earnings of $2.64 per share, down 17% year-over-year, with revenues of $5.56 billion, a decrease of 7.3% [17]. - Lear's consensus EPS estimate has been revised 5.6% lower, but a higher Most Accurate Estimate results in an Earnings ESP of 3.44%, combined with a Zacks Rank of 4, making predictions of an earnings beat uncertain [18].

Core Insights - BorgWarner will present its latest inverter technology at the 46th Vienna Motor Symposium from May 14-16, 2025, including a double-sided cooled (DSC) 800V SiC power module and a next-generation multi-level traction inverter [1][2] Group 1: Technology Advancements - The DSC power module is designed to maximize efficiency and enable smaller, high-performance inverters for battery electric vehicles (BEVs) [1][2] - The innovative design of the DSC power module improves thermal management and power conversion efficiency, allowing for more compact and sustainable solutions in vehicle electrification [2] - The power module enhances thermal performance by extracting heat from both sides of the silicon carbide power switch, leading to lower junction temperatures or higher current densities [2] Group 2: Market Context - The growing adoption of BEVs and hybrids necessitates advancements in efficiency and power density for vehicle electrification [2] - BorgWarner's technology supports high-power applications and compact designs, contributing to the future of sustainable mobility [2][3]