{
  "url": "https://struct.news/briefs/borgwarners-profit-jumped-28-on-flat-sales-the-margin-story-has-a-catch",
  "title": "BorgWarner's profit jumped 28% on flat sales. The margin story has a catch",
  "summary": "Gross profit rose $81 million on essentially the same $3.6 billion of revenue, as cost actions did the heavy lifting.",
  "published_at": "2026-08-05T16:25:21.200862+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "BorgWarner Inc.",
    "ticker": "BWA",
    "cik": "908255",
    "sector": "Consumer Cyclical",
    "industry": "Auto Parts"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0000908255-26-000051",
    "url": "https://www.sec.gov/Archives/edgar/data/908255/000090825526000051/bwa-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-07-31",
    "url": "https://www.sec.gov/Archives/edgar/data/908255/000090825525000032/bwa-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 14316000000,
      "display": "$14.3B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000908255-26-000051",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 1.632826920346453,
      "display": "+1.6%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000908255-26-000051",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 3.7440625873148927,
      "display": "+3.7%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000908255-26-000051",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "BorgWarner reported lower sales from unfavorable volume, mix, and net new business, alongside an estimated 1% decline in weighted average market production.",
      "importance": "medium",
      "evidence": "Unfavorable volume, mix and net new business decreased sales by approximately $55 million, primarily due to a decrease of approximately 1% in the weighted average market production as estimated by the Company",
      "source_date": "2026-08-05"
    }
  ],
  "related_tickers": [
    "BWA"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}