BorgWarner Inc. (BWA) Financial Statements
BorgWarner financial statements at a glance
BorgWarner reported revenue of $14.32 billion for fiscal year 2025 (ended December 31, 2025), up 1.6% from fiscal year 2024. Net income was $277.00 million, a net margin of 1.9%, and diluted earnings per share were $1.28.
At the end of fiscal year 2025 it had total assets of $13.77 billion, total liabilities of $8.16 billion and shareholders' equity of $5.44 billion, with cash and short-term investments of $2.31 billion and total debt of $4.06 billion.
Its operations brought in $1.65 billion of cash; capital spending was $440.00 million, leaving free cash flow of $1.21 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
BorgWarner Inc.
Income Statement
Annual • USD
BorgWarner key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $14.3B | $14.1B | $14.2B | $12.6B | $11.8B |
| Gross profit | $2.7B | $2.6B | $2.6B | $2.4B | $2.2B |
| Operating income | $1.3B | $556.0M | $1.2B | $1.0B | $1.1B |
| Net income | $277.0M | $338.0M | $625.0M | $944.0M | $537.0M |
| Diluted EPS | $1.28 | – | – | – | $2.24 |
| Total assets | $13.8B | $14.0B | $14.5B | $17.0B | $16.6B |
| Total liabilities | $8.2B | $8.5B | $8.6B | $9.8B | $9.3B |
| Shareholders' equity | $5.4B | $5.5B | $5.8B | $7.2B | $6.9B |
| Cash and short-term investments | $2.3B | – | – | – | $1.8B |
| Total debt | $4.1B | $4.2B | $3.8B | $4.2B | $4.5B |
| Operating cash flow | $1.6B | $1.4B | $1.3B | $1.6B | $1.2B |
| Capital spending | $440.0M | – | – | – | $516.0M |
| Free cash flow | $1.2B | – | – | – | $694.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was BorgWarner's revenue in fiscal year 2025?
$14.32 billion, up 1.6% from $14.09 billion in fiscal year 2024.
How much profit does BorgWarner make?
BorgWarner reported net income of $277.00 million for fiscal year 2025 (1.9% of revenue); operating income was $1.32 billion.
How much cash and debt does BorgWarner have?
At the end of fiscal year 2025: cash and short-term investments of $2.31 billion and total debt of $4.06 billion.
What is BorgWarner's free cash flow?
$1.21 billion in fiscal year 2025 (operating cash flow of $1.65 billion minus capital spending of $440.00 million).
