PHINIA Inc. (PHIN)
NYSE: PHIN · Motor Vehicle Parts & Accessories · Auburn Hills, MI · filing with the SEC since 2023
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Feb 12, 2026 | Feb 13, 2025 | Feb 28, 2024 | · | · |
| Revenue | 3,483 | 3,403 | 3,500 | 3,348 | 3,227 |
| For lenders | |||||
| Net interest income | 59 | 34 | 26 | 13 | · |
| Cost of revenue | 2,721 | 2,647 | 2,776 | 2,627 | 2,551 |
| Gross profit | 762 | 756 | 724 | 721 | 676 |
| Research and development | 105 | 112 | 108 | 104 | 132 |
| Selling, general and administrative | 445 | 442 | 413 | 407 | 460 |
| Operating income | 254 | 259 | 241 | 318 | 174 |
| Interest and investment income | 14 | 16 | 13 | 6 | 1 |
| Share of profit of equity-method investments | 15 | 11 | 10 | 11 | 7 |
| Income before income taxes | 198 | 187 | 206 | 347 | 186 |
| Income tax expense | 68 | 108 | 104 | 85 | 33 |
| Net income including non-controlling interests | 130 | 79 | 102 | 262 | 153 |
| Net income to non-controlling interests | · | · | 0 | 0 | 1 |
| Net income | 130 | 79 | 102 | 262 | 152 |
| Earnings per share, basic | 3.31 | 1.80 | 2.17 | 5.57 | 3.23 |
| Earnings per share, diluted | 3.24 | 1.76 | 2.17 | 5.57 | 3.23 |
| Weighted average shares, basic | 39.3 | 44.0 | 46.9 | 47.0 | 47.0 |
| Weighted average shares, diluted | 40.1 | 44.8 | 47.0 | 47.0 | 47.0 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding