PHINIA (PHIN) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and PHINIA published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. PHINIA reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Effective September 1, 2026, PHINIA renamed its Fuel Systems segment Power Systems and its Aftermarket segment Aftermarket Solutions. In the fourth quarter of 2025 it also moved most of its original equipment service business from Aftermarket to Fuel Systems and recast prior periods, so the year-ago segment figures here differ from those in the Q3 2025 release.
• Q3 2025 GAAP results included $53 million of separation-related costs tied to PHINIA's 2023 spin-off from BorgWarner, which is why GAAP EPS rose from $0.33 to $1.80.

Source: PHINIA Q3 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How PHINIA splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• PHINIA's Power Systems revenue was $561 million in Q3 2026, down 2% from $571 million in Q3 2025, 62% of total revenue.
• PHINIA's Aftermarket Solutions revenue was $351 million in Q3 2026, up 4% from $337 million in Q3 2025, 38% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

PHINIA gives its outlook as a table in the release. Revised full-year 2026 guidance: net sales of $3,625 to $3,675 million (prior $3,565 to $3,665 million), net earnings of $160 to $182 million, adjusted EBITDA of $500 to $520 million, adjusted EBITDA margin of 13.7% to 14.1%, adjusted free cash flow of $220 to $250 million and an adjusted tax rate of 28% to 30%.

In its Q3 2026 release, PHINIA said:

“The following forward-looking guidance reflects PHINIA'S current expectations and beliefs as of October 29, 2026, and is subject to change.”

“Updated guidance includes the expected fourth-quarter contribution from the recent acquisition of the stoba Group, which closed on October 1, 2026.”

Source: PHINIA Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the PHIN forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for PHINIA's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 29, 2026

PHINIA's net sales rose 0.4% to $912 million in Q3 2026, from $908 million. Foreign currency added $4 million, so sales were flat excluding currency. PHINIA says tariff recovery mechanisms distorted both quarters: Q3 2025 benefitted from tariff cost recoveries, while Q3 2026 included reductions for tariff cost refunds owed to customers. Excluding that, it says core business sales rose $21 million. (PHINIA Q3 2026 release, Oct 29, 2026)

Power Systems, the renamed fuel systems business that sells fuel injection systems, pumps, sensors, ignition systems and engine control modules to vehicle and equipment makers, had external sales of $561 million, down 1.8%. PHINIA attributes the decline to the non-recurrence of favorable customer pricing actions from the prior year and the timing of tariff recoveries. Aftermarket Solutions sales rose 4.2% to $351 million on higher sales in the Americas. (PHINIA Q3 2026 release, Oct 29, 2026; PHINIA Form 10-Q, Q3 2026, Oct 29, 2026)

By region, PHINIA sold $393 million in the Americas, $373 million in Europe and $146 million in Asia in the quarter. Asia fell from $159 million a year earlier, all of it in Power Systems, which sold $125 million there against $141 million. (PHINIA Form 10-Q, Q3 2026, Oct 29, 2026)

PHINIA's sales are concentrated among vehicle makers. General Motors accounted for 18% of 2025 net sales and the top five customers for 37%. Gasoline fuel systems for light passenger vehicles were about 16% of 2025 sales and diesel fuel systems for medium and heavy duty commercial vehicles 12%. (PHINIA Form 10-K, 2025, Feb 12, 2026)

PHINIA's GAAP diluted EPS rose to $1.80 from $0.33, while adjusted EPS rose to $1.83 from $1.59. The year-ago GAAP figure carried $53 million of separation-related costs, $1.34 per share, mainly indemnities under the Tax Matters Agreement with BorgWarner, PHINIA's former parent. Adjusted EPS also excludes amortization of acquisition-related intangibles ($0.22 per share this quarter) and restructuring expense ($0.13). (PHINIA Q3 2026 release, Oct 29, 2026)

The effective tax rate was 4% in Q3 2026 against 32% a year earlier, which PHINIA attributes to favorable provision to return adjustments for tax returns filed in the period and a reduction in U.S. tax on foreign earnings. Provision for income taxes was $3 million on pre-tax earnings of $70 million. (PHINIA Form 10-Q, Q3 2026, Oct 29, 2026; PHINIA Q3 2026 release, Oct 29, 2026)

Buybacks cut the diluted share count to 37.1 million from 39.6 million. PHINIA repurchased $65 million of stock in the quarter and paid $11 million in dividends; by September 30, 2026 it had used $599 million of its $750 million repurchase authorization. (PHINIA Q3 2026 release, Oct 29, 2026; PHINIA Form 10-Q, Q3 2026, Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

PHINIA raised its full-year 2026 outlook in the Q3 release. It now guides net sales of $3,625 to $3,675 million, against $3,565 to $3,665 million before, and adjusted EBITDA of $500 to $520 million, against $485 to $515 million. The adjusted tax rate guide fell to 28% to 30% from 30% to 33%. (PHINIA Q3 2026 release, Oct 29, 2026)

The updated guidance includes a fourth-quarter contribution from the stoba Group, a maker of high-precision components that PHINIA bought for $136 million, closing on October 1, 2026. (PHINIA Q3 2026 release, Oct 29, 2026; PHINIA Form 10-Q, Q3 2026, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover PHINIA, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones PHINIA's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning PHIN is on is PHIN a buy or a sell?, what analysts expect next is on the PHIN forecast, and what the company does is on the PHINIA (PHIN) stock page.

Every number on this page can be traced to a document PHINIA published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.