The auto supplier reaffirmed its 2026 guidance despite battery-segment weakness, citing cost controls and new business wins.
BorgWarner posted first-quarter sales of about $3.5 billion, up from the prior year, with adjusted operating margin rising to 10.5% from 10.0%. Adjusted earnings per share climbed 12%, supported by $650 million in share repurchases over the last four quarters and disciplined cost management.
The company maintained its 2026 outlook, projecting sales between $14.0 billion and $14.3 billion and adjusted EPS of $5.00 to $5.20. Management acknowledged ongoing weakness in its battery business and softer end markets but expects foreign-exchange benefits and cost discipline to offset headwinds.
BorgWarner secured 12 new business awards in the quarter, expanding into electrification, data centers, and industrial power generation. It anticipates turbine generators and energy storage systems to reach production in 2027.