Garrett Motion announced strong Q3 2026 results with net sales of $930 million, a 3% increase year-over-year, and net income of $97 million, reflecting improved profitability and cash flow. The company secured multiple new turbo and industrial product wins and reaffirmed its 2026 full-year outlook despite currency challenges. Garrett also declared a $0.08 per share dividend and approved a $250 million share repurchase program for 2027, signaling confidence in its growth and financial health. Additionally, it made an early $50 million debt repayment, supporting its balance sheet strength.
Garrett Motion's stock trades at USD 22.42 on Pluang as of Oct 29, 2026 18:11 WIB, showing a modest 0.40% gain in the past day. The company’s market cap stands at $4.17 billion, reflecting solid investor interest following its strong Q3 results and announcement of a $250 million share repurchase program for 2027. These figures highlight continued confidence in Garrett Motion’s financial health and growth prospects.
