PHINIA Inc. (PHIN) — Financial statements
Income statement, balance sheet, and cash flow for PHINIA Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,483↑2.4% | 3,403↓2.8% | 3,500↑4.5% | 3,348↑3.7% | 3,227 | |
| Cost of Revenue | 2,756↑3.0% | 2,677↓4.7% | 2,808↑6.9% | 2,626↑2.9% | 2,552 | |
| Gross Profit | 727↑0.1% | 726↑4.9% | 692↓4.2% | 722↑7.0% | 675 | |
| Operating Expenses | ||||||
| R&D Expenses | 105↓6.3% | 112↑3.7% | 108↑3.8% | 104↓21.2% | 132 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 342↑4.0% | 329↑58.2% | 208↓31.4% | 303↓7.6% | 328 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 447↑1.4% | 441↑39.6% | 316↓22.4% | 407↓11.5% | 460 | |
| Total Costs & Expenses | 3,203↑2.7% | 3,118↓0.2% | 3,124↑3.0% | 3,033↑0.7% | 3,012 | |
| Operating Results | ||||||
| Operating Income | 280↓1.8% | 285↓24.2% | 376↑19.4% | 315↑46.5% | 215 | |
| Depreciation & Amortization | 157↓1.9% | 160↓6.4% | 171↑0.6% | 170↓16.7% | 204 | |
| EBITDA | 437↓2.0% | 446↑3.0% | 433↓20.6% | 545↑28.5% | 424 | |
| EBIT | 280↓2.1% | 286↑9.2% | 262↓30.1% | 375↑70.5% | 220 | |
| Interest & Other Income | ||||||
| Net Interest Income | -67↑19.3% | -83↓93.0% | -43↓207.1% | -14↑58.8% | -34 | |
| Interest Income | 14↓12.5% | 16↑23.1% | 13↓7.1% | 14 | 0.00 | |
| Interest Expense | 81↓18.2% | 99↑76.8% | 56↑100.0% | 28↓17.6% | 34 | |
| Non-Operating Income | 0.00↑100.0% | -1↓100.9% | 114↑290.0% | -60↓1100.0% | -5 | |
| Other Income / Expenses | -82↑16.3% | -98↑42.4% | -170↓631.3% | 32↑210.3% | -29 | |
| Income Before Tax | 198↑5.9% | 187↓9.2% | 206↓40.6% | 347↑86.6% | 186 | |
| Income Tax Expense | 68↓37.0% | 108↑3.8% | 104↑22.4% | 85↑157.6% | 33 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 130↑64.6% | 79↓22.5% | 102↓61.1% | 262↑71.2% | 153 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 130↑64.6% | 79↓22.5% | 102↓61.1% | 262↑72.4% | 152 | |
| Bottom-Line Net Income | 130↑64.6% | 79↓22.5% | 102↓61.1% | 262↑72.4% | 152 | |
| EPS (Basic) | 3.31↑83.9% | 1.80↓17.1% | 2.17↓61.0% | 5.57↑72.4% | 3.23 | |
| EPS (Diluted) | 3.24↑84.1% | 1.76↓18.9% | 2.17↓61.0% | 5.57↑72.4% | 3.23 | |
| Weighted Average Shares | 39↓10.7% | 44↓6.2% | 47↓0.2% | 47↑0.0% | 47 | |
| Weighted Average Diluted Shares | 40↓10.5% | 45↓4.7% | 47↓0.0% | 47↑0.0% | 47 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.