PHINIA Inc. Q3 2025 Earnings Release

PHINIA Inc. reported its financial results for the third quarter ended September 30, 2025. The company achieved net sales of $908 million, an 8.2% increase compared to Q3 2024, driven by customer pricing, tariff recoveries, and increased volumes in Asia and the Americas. Net earnings were $13 million, with a net margin of 1.4%, impacted by a one-time loss related to separation-related claims. Adjusted EBITDA was $133 million, with a margin of 14.6%, reflecting operational improvements. The company also completed the acquisition of Swedish Electromagnet Invest AB (SEM) for approximately $47 million, enhancing its position in alternative fuel ignition systems. PHINIA returned $41 million to shareholders through share repurchases and dividends. The company updated its full-year 2025 guidance, projecting net sales between $3.39 billion and $3.45 billion, and adjusted EBITDA between $465 million and $480 million.