Earnings ·
PHINIA reports Q3 adjusted EPS of $1.83, raises full-year Adjusted EBITDA guidance to $500M-$520M
PHINPhinia Inc.
PHINIA Inc. reported third-quarter 2026 net earnings of $67 million, or $1.80 per diluted share, and adjusted net earnings of $68 million, or $1.83 per adjusted diluted share. Net sales increased 0.4% to $912 million, while Adjusted EBITDA rose $2 million to $135 million with a margin expansion of 20 basis points to 14.8%. The company returned $76 million in capital to shareholders through $65 million in share repurchases and $11 million in dividends. PHINIA updated its full-year 2026 guidance, raising the Adjusted EBITDA range to $500 million–$520 million from $485 million–$515 million, citing strong new award activity and the expected contribution from the recently acquired stoba Group. The company operates as a diversified industrial supplier and global leader in fuel systems, electrical systems, and aftermarket solutions.