Garrett Motion Inc. (GTX) — Financial statements
Income statement, balance sheet, and cash flow for Garrett Motion Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,584↑3.1% | 3,475↓10.6% | 3,886↑7.9% | 3,603↓0.8% | 3,633 | |
| Cost of Revenue | 2,706↑4.6% | 2,586↓13.2% | 2,978↑7.8% | 2,763↓0.4% | 2,774 | |
| Gross Profit | 878↓1.2% | 889↓2.1% | 908↑8.1% | 840↓2.2% | 859 | |
| Operating Expenses | ||||||
| R&D Expenses | 151↓19.3% | 187↑6.9% | 175↑14.4% | 153↑12.5% | 136 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 234↓2.1% | 239↓3.2% | 247↑14.4% | 216↑0.0% | 216 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 385↓9.6% | 426↑0.9% | 422↑14.4% | 369↑4.8% | 352 | |
| Total Costs & Expenses | 3,091↑2.6% | 3,012↓11.4% | 3,400↑8.6% | 3,132↑0.2% | 3,126 | |
| Operating Results | ||||||
| Operating Income | 493↑6.5% | 463↓4.7% | 486↑3.2% | 471↓7.1% | 507 | |
| Depreciation & Amortization | 99↑10.0% | 90↑0.0% | 90↑7.1% | 84↓8.7% | 92 | |
| EBITDA | 592↑0.3% | 590↓1.2% | 597↓10.1% | 664↓8.3% | 724 | |
| EBIT | 493↓1.4% | 500↓1.4% | 507↓12.6% | 580↓8.2% | 632 | |
| Interest & Other Income | ||||||
| Net Interest Income | -101↑34.4% | -154↓0.7% | -153↓1812.5% | -8↑90.4% | -83 | |
| Interest Income | 4↑33.3% | 3↓57.1% | 7↓90.8% | 76↑590.9% | 11 | |
| Interest Expense | 105↓33.1% | 157↓1.9% | 160↑90.5% | 84↓10.6% | 94 | |
| Non-Operating Income | 0.00↑100.0% | -37↓76.2% | -21↑80.7% | -109↑12.8% | -125 | |
| Other Income / Expenses | -101↑15.8% | -120↑13.7% | -139↓656.0% | 25↓19.4% | 31 | |
| Income Before Tax | 392↑14.3% | 343↓1.2% | 347↓30.0% | 496↓7.8% | 538 | |
| Income Tax Expense | 82↑34.4% | 61↓29.1% | 86↓18.9% | 106↑146.5% | 43 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 310↑9.9% | 282↑8.0% | 261↓33.1% | 390↓21.2% | 495 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 310↑9.9% | 282↑8.0% | 261↓33.1% | 390↓21.2% | 495 | |
| Bottom-Line Net Income | 310↑9.9% | 282↑652.9% | -51↓204.1% | 49↓58.5% | 118 | |
| EPS (Basic) | 1.55↑22.0% | 1.27↑509.7% | -0.31↓105.1% | 6.03↓15.1% | 7.10 | |
| EPS (Diluted) | 1.52↑20.6% | 1.26↑506.5% | -0.31↓105.2% | 5.99↑284.0% | 1.56 | |
| Weighted Average Shares | 200↓10.1% | 222↑33.4% | 167↑157.5% | 65↓7.2% | 70 | |
| Weighted Average Diluted Shares | 204↓9.1% | 224↑34.5% | 167↑156.0% | 65↓6.6% | 70 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.