BorgWarner Inc. (BWA)

BorgWarner beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reported on Aug. 5, as revenue of about $3.6 billion topped the $3.58 billion consensus by +1.8% and adjusted EPS of $1.42 beat the $1.28 estimate by +10.9%, up 17% from $1.21 a year ago. Revenue rose about 0% to about $3.6 billion from about $3.6 billion a year earlier, with Foundational products driving the quarter at about $3.0 billion, up ~0% year over year, while gross margin was near 20% and operating margin about 10%, backed by operating income of about $370 million. Net income climbed 24% to about $277 million from $224 million a year earlier, operating cash flow was about $738 million, and BorgWarner repurchased $250 million of stock while paying $69 million in dividends. Next-period consensus calls for EPS of $1.28 on revenue of $3.53 billion.