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BorgWarner — May 6, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000908255-26-000023
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Showing in the filing
Adjusted operating margin
“10.7% to 10.9%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Weighted light vehicle markets for FY2026
“down 3% to approximately flat”
Net sales for FY2026
“$14.0 billion to $14.3 billion”
Organic net sales change (implied by) for FY2026
“down 3.5% to down 1.5%”
Battery Energy Systems segment year-over-yea… for FY2026
“approximately $210 million”
Battery Energy Systems headwind to organic g… for FY2026
“approximately a 1.5% headwind”
Foreign currencies impact on sales for FY2026
“a year-over-year increase in sales of approximately $200 million”
Operating margin for FY2026
“9.7% to 9.9%”
U.S. GAAP operating margin for FY2026
“9.7% to 9.9%”
Adjusted operating margin for FY2026
“10.7% to 10.9%”
U.S. GAAP net earnings per diluted share for FY2026
“$4.70 to $4.87”
Adjusted net earnings per diluted share for FY2026
“$5.00 to $5.20”
Operating cash flow for FY2026
“$1,600 million to $1,700 million”
Free cash flow for FY2026
“$900 million to $1,100 million”
Estimated year-over-year change in light veh… for FY2026
“(3)% to 0%”
Estimated year-over-year change in light veh… for FY2026
“(4)% to (1.5)%”
Estimated year-over-year change in light veh… for FY2026
“(3)% to (1)%”
Exhibit 99.1 · the passage around this item
… earlier in the release
GAAP operating margin is expected to be in the range of 9.7% to 9.9% in 2026. Excluding the impact of non-comparable items and the add back of intangible asset amortization expense, adjusted operating margin is expected to be in the range of 10.7% to 10.9%. U.S. GAAP net earnings are expected to be within the range of $4.70 to $4.87 per diluted share. Excluding the impact of non-comparable items, adjusted net earnings are expected to increase and be in the range of $5.00 to $5.20 per diluted share. Full-year operating cash flow is expected to be in the range of $1,600 million to $1,700 million, while free cash flow is expected to be in the range of $900 million to $1,100 million. At 9:30 a.m. ET today, a brief conference call concerning first quarter 2026 results and guidance will be webcast at: https://www.borgwarner.com/investors. Additionally, an earnings call presentation will be available at https://www.borgwarner.com/investors. For more than 130 years, BorgWarner has been a transformative global product leader bringing successful mobility innovation to market. With a focus on sustainability, we’re helping to build a cleaner, healthier, safer future for all. # # # Forward Looking Statements: This release may contain fo r ward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management’s current outlook, expectations, estimates and projections. Words such as “anticipates,”
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other guidance in this release
Text is the filed exhibit, verbatim.