as of 08-10-2026 3:54pm EST
Phinia Inc is engaged in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial vehicles, industrial applications, and light vehicles. Its product portfolio includes alternative fuel systems, fuel delivery modules, evaporative canisters, diesel fuel injection systems, electrical systems, hydrogen solutions, associated software, and others. The company's reportable segments are; the Fuel Systems segment, which derives key revenue, and the Aftermarket segment. Geographically, it generates maximum revenue from the United States and the rest from the United Kingdom, China, Poland, Romania, Brazil, and other regions.
| Founded: | 2023 | Country: | United States |
| Employees: | N/A | City: | AUBURN HILLS |
| Market Cap: | 2.8B | IPO Year: | 2023 |
| Target Price: | $70.00 | AVG Volume (30 days): | 334.4K |
| Analyst Decision: | Buy | Number of Analysts: | 5 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | 2.01 | EPS Growth: | 84.09 |
| 52 Week Low/High: | $50.80 - $86.94 | Next Earning Date: | 04-30-2026 |
| Revenue: | N/A | Revenue Growth: | N/A |
| Revenue Growth (this year): | 6.35% | Revenue Growth (next year): | 2.29% |
| P/E Ratio: | 37.27 | Index: | N/A |
| Free Cash Flow: | 188.0M | FCF Growth: | -7.39% |
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Vice President and Controller
Avg Cost/Share
$82.37
Shares
2,227
Total Value
$183,426.85
Owned After
6,637
SEC Form 4
VP and GM Fuel Syst. Americas
Avg Cost/Share
$80.61
Shares
1,250
Total Value
$100,762.50
Owned After
27,009
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Pombier Samantha | PHIN | Vice President and Controller | Jun 10, 2026 | Sell | $82.37 | 2,227 | $183,426.85 | 6,637 | |
| Coetzee Michael | PHIN | VP and GM Fuel Syst. Americas | Jun 10, 2026 | Sell | $80.61 | 1,250 | $100,762.50 | 27,009 |
SEC 8-K filings with transcript text
Jul 30, 2026 · 100% conf.
1D
+2.14%
$83.89
Act: +0.73%
5D
+4.81%
$86.08
20D
+5.11%
$86.33
2 q220268kex991pressrelease.htm
Document
Exhibit 99.1
Auburn Hills, Michigan, July 30, 2026 – PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today reported results for the second quarter ended June 30, 2026.
Second Quarter Highlights:
•On June 30, 2026, PHINIA entered into a definitive agreement to acquire the stoba Group, a global technology partner specialized in high-precision components, systems, and customized manufacturing solutions. The proposed transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and closing conditions.
•Net sales of $940 million, an increase of 5.6% compared with Q2 2025.
◦Excluding the impacts of foreign currency and the acquisition of Swedish Electromagnet Invest AB (SEM), increases of $21 million and $18 million, respectively, net sales increased $11 million or 1.2%, primarily driven by volumes in the Americas, partially offset by tariff recoveries.
•Net earnings of $40 million and net margin of 4.3%, representing a year-over-year decrease of $6 million and 90 basis points (bps), respectively.
•Adjusted EBITDA of $130 million, an increase of $4 million year-over-year driven primarily by net tariff refunds and the acquisition of SEM, partially offset by higher employee costs primarily attributable to variable and stock-based compensation, associated with the Company’s continued strong performance. Adjusted EBITDA margin was 13.8%, down 40 bps year-over-year, primarily due to increased employee-related costs and unfavorable product mix, which more than offset the margin benefit of tariff recoveries.
•Net earnings per diluted share of $1.05.
◦Adjusted net earnings per diluted share of $1.53 (excluding $0.48 per diluted share related to non-operating items detailed in the non-GAAP appendix below), reflecting the operational increases detailed above and a reduction in share count.
•Returned $53 million to shareholders through $42 million of share repurchases and $11 million in dividends.
Key Wins in Strategic Growth Markets:
New and incumbent business wins remained strong. Notable Q2 wins include:
•A heated-tip multi-point fuel injection system program supporting a passenger vehicle engine application, further expanding our alternative fuel portfolio.
•A 24V starter program supporting a Class 8 commercial vehicle platform, reinforcing our long-standing position in the heavy-duty on-highway market.
•A complete common rail system program, including the rail, pump, injectors, and electronic control unit, for agricultural applications, strengthening our presence in the off-highway market.
•Opened vehicle electronics distribution with a leading pan-European distributor, significantly expanding our market access across the EMEA region.
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•Expansion of our global aftermarket footprint through new customer acquisitions, branch expansion and increased distribution penetration across North Africa, Eastern Europe, North and South America, China, Southeast Asia and Oceania, increasing customer reach and product availability in strategic growth markets.
“We delivered another quarter of strong performance, with sales growth across our business and higher adjusted EBITDA year-over-year. These results reflect healthy demand in the Americas, the successful integration of SEM, and the consistent execution of our strategic priorities. As we navigate a dynamic operating environment, we remain focused on driving profitable growth and delivering long-term value for our shareholders. The planned acquisition of stoba Group marks another important milestone in that journey, expanding our manufacturing capabilities and reinforcing the resilience, control, and flexibility of our supply chain.” said Brady Ericson, President and Chief Executive Officer of PHINIA.
Balance Sheet and Cash Flow:
The Company ended the quarter with cash and cash equivalents of $370 million and $450 million of available capacity under its Revolving Credit Facility. Total debt at quarter end was $1,019 million.
Net cash generated by operating activities was $91 million, representing a year-over-year increase of $34 million. Adjusted free cash flow was $74 million, an increase of $54 million compared to the second quarter of 2025, primarily due to strong execution of inventory optimization initiatives, working capital discipline, and lower capital expenditures.
2026 Full Year Guidance:
The Company is refining its guidance and now expects 2026 net sales of $3.57 billion to $3.67 billion. This implies a year-over-year growth of 2% to 5% in 2026. The Company’s net earnings and adjusted EBITDA are projected to be $155 million to $180 million and $485 million to $515 million, respectively, with net earnings margin of 4.3% to 4.9% and adjusted EBITDA margin of 13.5% to 14.1%. The Company expect
Apr 30, 2026 · 100% conf.
1D
+2.03%
$73.61
Act: +3.04%
5D
+4.33%
$75.27
Act: +8.73%
20D
+4.87%
$75.67
Act: +6.99%
2 q120268kex991pressrelease.htm
Document
Exhibit 99.1
PHINIA REPORTS FIRST QUARTER 2026 RESULTS - STRATEGIC BUSINESS WINS ADVANCE DIVERSIFICATION ACROSS END MARKETS AND ALTERNATIVE FUELS
Auburn Hills, Michigan, April 30, 2026 – PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2026.
First Quarter Highlights:
•Net sales of $878 million, an increase of 10.3% compared with Q1 2025.
◦Excluding the impacts of foreign currency and the acquisition of SEM, increases of $39 million and $14 million, respectively, net sales increased $29 million or 3.6%, primarily driven by volumes in Asia and the Americas and tariff recoveries.
•Net earnings of $37 million and net margin of 4.2%, representing a year-over-year increase of $11 million and 90 basis points (bps), respectively.
•Adjusted EBITDA of $115 million with adjusted EBITDA margin of 13.1%, representing a year-over-year increase of $12 million and 20 bps, primarily driven by supplier savings and overhead cost control measures and net tariff recoveries.
•Net earnings per diluted share of $0.96.
◦Adjusted net earnings per diluted share of $1.29 (excluding $0.33 per diluted share related to non-operating items detailed in the non-GAAP appendix below), reflecting the operational increases detailed above and a reduction in share count.
•Returned $67 million to shareholders through $56 million of share repurchases and $11 million in dividends.
Key Wins in Strategic Growth Markets:
New and incumbent business wins remained strong, notable Q1 wins include:
•A Compressed Natural Gas Fuel Rail Assembly contract with a leading global OEM, marking our third consecutive quarter of a major alternative fuel program win in India.
•A jet fuel direct injector program for unmanned aerial drone engines with a new customer, highlighting our growing capabilities in advanced propulsion solutions.
•A direct injection fuel rail assembly contract with a major Chinese OEM, supporting a luxury SUV platform equipped with a dual‑fuel‑injection V8 engine.
•Expanding our product portfolio with a major warehouse distributor in the Americas by adding steering and suspension and vehicle electronics, broadening our existing customer relationship.
•Expanding our Aftermarket presence by adding two new customers in Europe and expanding a propulsion‑agnostic program within the Asia Pacific region.
•Renewing a starter program with a global commercial vehicle and off-highway OEM, reinforcing our long-standing presence to supply starters for severe duty and long-haul applications.
1
“I’m pleased with our first-quarter performance, which underscores our disciplined execution and continued focus on creating value for our shareholders. Adjusted earnings per diluted share increased by more than 37% compared with the first quarter of 2025. Building on the strong performance we delivered in 2025 and the confidence we shared at our 2026 Investor Day, we are seeing growing traction in attractive new markets and expanding our customer base, including new wins in alternative fuels, commercial vehicles and aerospace and defense,” said Brady Ericson, President and Chief Executive Officer of PHINIA.
Balance Sheet and Cash Flow:
The Company ended the quarter with cash and cash equivalents of $328 million and $480 million of available capacity under its Revolving Credit Facility. Total debt at quarter end was $992 million.
Net cash generated by operating activities was $53 million, representing a year-over-year increase of $13 million. Adjusted free cash flow was $42 million, a record for the first quarter since becoming a standalone company. Adjusted free cash flow increased $45 million compared to the first quarter of 2025, primarily due to higher earnings adjusted for non-cash charges, improved working capital and lower capital expenditures.
2026 Full Year Guidance:
The Company continues to expect 2026 net sales of $3.52 billion to $3.72 billion. This implies a year-over-year growth of 1% to 7% in 2026. The Company’s net earnings and adjusted EBITDA are projected to be $165 million to $195 million and $485 million to $525 million, respectively, with net earnings margin of 4.7% to 5.2% and adjusted EBITDA margin of 13.7% to 14.3%. The Company expects to generate $200 million to $240 million in adjusted free cash flow. Adjusted tax rate is expected to be in the range of 30% to 34%.
The Company will host a conference call to review first quarter 2026 results and take questions from the investment community at 8:30 a.m. ET today. This call will be webcast at PHINIA Q1 2026 Earnings Call. Additional presentation materials will be available at Investors.phinia.com.
About PHINIA
PHINIA is a diversified industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket s
Feb 12, 2026 · 100% conf.
1D
-0.75%
$73.97
Act: +1.62%
5D
-4.29%
$71.33
Act: +1.96%
20D
+4.21%
$77.67
Act: -15.32%
phin-202602120001968915FALSE00019689152026-02-122026-02-12
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 12, 2026
(Exact name of registrant as specified in its charter)
Delaware001-4170892-2483604 State or other jurisdiction ofCommission File No.(I.R.S. Employer Incorporation or organizationIdentification No.)
3000 University DriveAuburn Hills,Michigan48326 (Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (248) 732-1900 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s)Name of each exchange on which registered Common Stock, par value $0.01 per sharePHINNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02. Results of Operations and Financial Condition On February 12, 2026, PHINIA Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The earnings call presentation to which the attached press release refers is available at investors.phinia.com, but it is not incorporated herein by reference.
The information contained in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the purpose of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in any such filings.
Item 9.01. Financial Statements and Exhibits (d) Exhibits. The following exhibits are being furnished as part of this report.
Exhibit Number Description 99.1Press release regarding earnings issued by PHINIA Inc. dated February 12, 2026
104.1The cover page from this Current Report on Form 8-K, formatted as Inline XBRL
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PHINIA Inc.
Date: February 12, 2026 By:/s/ Robert Boyle Name: Robert Boyle Title: Senior Vice President, General Counsel and Secretary
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