Phinia Inc. income statement
In fiscal 2025, Phinia Inc. reported revenue of $3.48bn, up 2.4% on the year before, operating income of $254m (a 7.3% margin) and net income of $130m, or $3.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|
| Revenue | 3,227 | 3,348 | 3,500 | 3,403 | 3,483 | 3,619 |
| Cost of revenue | 2,551 | 2,627 | 2,776 | 2,647 | 2,721 | 2,818 |
| Gross profit | 676 | 721 | 724 | 756 | 762 | 801 |
| Research and development | 132 | 104 | 108 | 112 | 105 | 114 |
| Selling, general and administrative | 460 | 407 | 413 | 442 | 445 | 475 |
| Operating income | 174 | 318 | 241 | 259 | 254 | 302 |
| Net interest income | — | 13 | 26 | 34 | 59 | 65 |
| Income before tax | 186 | 347 | 206 | 187 | 198 | 248 |
| Income tax | 33 | 85 | 104 | 108 | 68 | 59 |
| Net income | 152 | 262 | 102 | 79 | 130 | 189 |
| Diluted EPS | $3.23 | $5.57 | $2.17 | $1.76 | $3.24 | $4.94 |
| Diluted shares (average) | 47m | 47m | 47m | 45m | 40m | 38m |
| EBITDA | 378 | 488 | 411 | 419 | 411 | 465 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 833 | 796 | 890 | 908 | 889 | 878 | 940 | 912 |
| Cost of revenue | 644 | 624 | 693 | 708 | 696 | 690 | 724 | 708 |
| Gross profit | 189 | 172 | 197 | 200 | 193 | 188 | 216 | 204 |
| Research and development | 29 | 28 | 30 | 20 | 27 | 29 | 33 | 25 |
| Selling, general and administrative | 118 | 107 | 112 | 105 | 121 | 115 | 128 | 111 |
| Operating income | 51 | 62 | 89 | 34 | 69 | 69 | 80 | 84 |
| Net interest income | 14 | −3 | 32 | −2 | 32 | −1 | 34 | 0 |
| Income before tax | 41 | 50 | 75 | 19 | 54 | 57 | 67 | 70 |
| Income tax | 36 | 24 | 29 | 6 | 9 | 20 | 27 | 3 |
| Net income | 5 | 26 | 46 | 13 | 45 | 37 | 40 | 67 |
| Diluted EPS | $0.13 | $0.63 | $1.14 | $0.33 | $1.14 | $0.96 | $1.05 | $1.80 |
| EBITDA | 90 | 99 | 128 | 74 | 110 | 109 | 121 | 125 |
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