PHINIA Inc. (PHIN) Income Statement
PHIN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPHIN revenue and net income
Where PHIN's revenue goes
2025Each bar shows an amount and its share of revenue. PHIN kept 3.7% of revenue as net income.
PHIN profit margins
PHIN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.4% | +1.3% | +27.5% | — |
| Gross profit | +0.1% | +0.2% | +33.0% | — |
| Operating income | −1.8% | −3.9% | +58.5% | — |
| Net income | +64.6% | −20.8% | — | — |
| EPS (diluted) | +29.7% | −3.7% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PHIN quarterly EPS vs estimates
PHINIA beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 29, 2026 (estimate $1.75).
PHIN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $3.48B | $3.40B | $3.50B | $3.35B | $3.23B | $1.03B |
| Cost of revenue | $2.76B | $2.68B | $2.81B | $2.63B | $2.55B | $859.0M |
| Gross profit | $727.0M | $726.0M | $692.0M | $722.0M | $675.0M | $175.0M |
| Research & development | $105.0M | $112.0M | $108.0M | $104.0M | $132.0M | $46.0M |
| Sales, general & admin | $445.0M | $442.0M | $415.0M | $375.0M | $421.0M | $147.0M |
| Total operating expenses | $447.0M | $441.0M | $316.0M | $407.0M | $460.0M | $147.0M |
| Operating income | $280.0M | $285.0M | $376.0M | $315.0M | $215.0M | $28.0M |
| Interest income | $14.0M | $16.0M | $13.0M | $6.0M | $5.0M | $1.0M |
| Interest expense | $81.0M | $99.0M | $56.0M | $28.0M | $34.0M | $16.0M |
| Income before taxes | $198.0M | $187.0M | $206.0M | $347.0M | $186.0M | −$105.0M |
| Income taxes | $68.0M | $108.0M | $104.0M | $85.0M | $33.0M | $19.0M |
| Net income | $130.0M | $79.0M | $102.0M | $262.0M | $152.0M | −$124.0M |
| EBITDA | $436.0M | $446.0M | $433.0M | $545.0M | $424.0M | −$27.0M |
| EPS (diluted) | $4.98 | $3.84 | $2.42 | $5.57 | $3.23 | — |
| Gross margin | 20.9% | 21.3% | 19.8% | 21.6% | 20.9% | 16.9% |
| Operating margin | 8.0% | 8.4% | 10.7% | 9.4% | 6.7% | 2.7% |
| Net margin | 3.7% | 2.3% | 2.9% | 7.8% | 4.7% | −12.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $940.0M | $878.0M | $889.0M | $908.0M | $890.0M | $796.0M | $833.0M | $839.0M | $868.0M | $863.0M | $882.0M | $896.0M |
| Cost of revenue | $724.0M | $690.0M | $704.0M | $708.0M | $693.0M | $631.0M | $651.0M | $659.0M | $680.0M | $662.0M | $703.0M | $726.0M |
| Gross profit | $216.0M | $188.0M | $185.0M | $200.0M | $197.0M | $165.0M | $182.0M | $180.0M | $188.0M | $201.0M | $179.0M | $170.0M |
| Research & development | $33.0M | $29.0M | $27.0M | $20.0M | $30.0M | $28.0M | $29.0M | $26.0M | $30.0M | $27.0M | $27.0M | $24.0M |
| Sales, general & admin | $87.0M | $78.0M | $221.0M | $77.0M | $75.0M | $107.0M | $113.0M | $108.0M | $113.0M | $104.0M | $109.0M | $104.0M |
| Total operating expenses | $128.0M | $116.0M | $116.0M | $107.0M | $110.0M | $101.0M | $110.0M | $101.0M | $112.0M | $113.0M | $103.0M | $97.0M |
| Operating income | $88.0M | $72.0M | $69.0M | $93.0M | $87.0M | $64.0M | $72.0M | $79.0M | $76.0M | $88.0M | $76.0M | $73.0M |
| Interest income | $2.0M | $2.0M | $3.0M | $3.0M | $4.0M | $4.0M | $4.0M | $4.0M | $4.0M | $4.0M | $4.0M | $4.0M |
| Interest expense | $21.0M | $20.0M | $21.0M | $20.0M | $21.0M | $19.0M | $18.0M | $20.0M | $39.0M | $22.0M | $22.0M | $22.0M |
| Income before taxes | $67.0M | $57.0M | $54.0M | $19.0M | $75.0M | $50.0M | $41.0M | $53.0M | $37.0M | $56.0M | $62.0M | $30.0M |
| Income taxes | $27.0M | $20.0M | $9.0M | $6.0M | $29.0M | $24.0M | $36.0M | $22.0M | $23.0M | $27.0M | $29.0M | $31.0M |
| Net income | $40.0M | $37.0M | $45.0M | $13.0M | $46.0M | $26.0M | $5.0M | $31.0M | $14.0M | $29.0M | $33.0M | −$1.0M |
| EBITDA | $129.0M | $117.0M | $116.0M | $79.0M | $135.0M | $106.0M | $98.0M | $113.0M | $116.0M | $119.0M | $129.0M | $94.0M |
| EPS (diluted) | $1.53 | $1.29 | $1.18 | $1.59 | $1.27 | $0.94 | $0.71 | $1.17 | $0.88 | $1.08 | $0.70 | $0.53 |
| Gross margin | 23.0% | 21.4% | 20.8% | 22.0% | 22.1% | 20.7% | 21.8% | 21.5% | 21.7% | 23.3% | 20.3% | 19.0% |
| Operating margin | 9.4% | 8.2% | 7.8% | 10.2% | 9.8% | 8.0% | 8.6% | 9.4% | 8.8% | 10.2% | 8.6% | 8.1% |
| Net margin | 4.3% | 4.2% | 5.1% | 1.4% | 5.2% | 3.3% | 0.6% | 3.7% | 1.6% | 3.4% | 3.7% | −0.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PHIN's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PHIN financial results
In fiscal year 2025 (ended December 31, 2025), PHINIA reported revenue of $3.5 billion, up 2.4% from the year before. It had net income of $130.0 million (up 64.6%), a net profit margin of 3.7%. Diluted earnings per share came to $4.98. Over five years revenue grew at an average rate of 27.5% a year.
See the PHIN stock overview for the latest quote and news, or the PHIN chart for price history and technical indicators.
PHIN income statement FAQ
What is PHINIA's annual revenue?
PHINIA reported total revenue of $3.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 2.4% from $3.4 billion the previous year.
Is PHINIA profitable?
Yes. PHINIA reported net income of $130.0 million in fiscal 2025, a net profit margin of 3.7%; its operating margin was 8.0%.
What is PHINIA's gross margin?
PHINIA's gross margin was 20.9% in fiscal 2025: for every $100 of revenue, PHINIA kept $21 after the direct cost of its products and services.
How much does PHINIA spend on research and development?
PHINIA spent $105.0 million on research and development in fiscal 2025, 3.0% of revenue.
How fast is PHINIA growing?
Revenue grew 27.5% a year on average over the last five fiscal years, from $1.0 billion to $3.5 billion.
What are PHINIA's earnings per share?
PHINIA earned $4.98 per diluted share in fiscal 2025, compared with $3.84 a year earlier.
When will PHINIA report its next earnings?
PHINIA is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does PHINIA's fiscal year end?
PHINIA's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.