PHINIA Inc. (PHIN) SEC Filings & Earnings Calls

Tariff and trade policy uncertainty

“evolving trade restrictions, including export controls, and increases in tariffs could have a material impact on our business, financial condition, or results of operations, including increasing our input costs and decreasing the demand for our products.” · word for word

OE market softening

“light vehicle (LV) volumes, which are expected to decline by mid-single digit percentages in our key markets. Commercial vehicle (CV) volumes are now expected to decline by low-single digit percentages in our key markets.” · word for word

Elevated inflation and supply chain constraints

“elevated inflation, supply chain constraints, market volatility, higher tariffs (particularly in Mexico and China), evolving trade restrictions” · word for word

Margin pressure from higher employee costs and unfavorable product mix

“Adjusted EBITDA margin was 13.8%, down 40 bps year-over-year, primarily due to increased employee-related costs and unfavorable product mix” · word for word

Tariff exposure and recovery uncertainty

“partially offset by tariff recoveries... net tariff refunds” · word for word

Integration risk from stoba Group acquisition

“The proposed transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and closing conditions.” · word for word

Exposure to tariff input cost pressure; reliance on tariff recoveries for margin.

“Net sales increase driven by tariff recoveries; adjusted EBITDA driven by net tariff recoveries”

Tariff and trade restriction exposure

“evolving trade restrictions, including export controls, and increases in tariffs could have a material impact on our business, financial condition, or results of operations, including increasing our input costs and decreasing the demand for our products.” · word for word

Light vehicle market softening

“light vehicle (LV) volumes, which are expected to decline by mid-single percentages in our key markets.” · word for word

Geopolitical and macroeconomic uncertainty

“Continued economic and geopolitical uncertainty is expected to continue to impact light vehicle (LV) volumes” · word for word

Geopolitical and Market Uncertainty

“Under the leadership of Brady Ericson, PHINIA's President and Chief Executive Officer, our employees successfully navigated market headwinds, geopolitical uncertainty, and rapid industry transformation.” · word for word

Dependence on Internal Combustion Engine (ICE) Technology

“Mr. Ericson's conviction that internal combustion engine technologies will be key to lower carbon mobility and other transportation and industrial solutions in the future is a driving force behind the establishment of PHINIA.” · word for word

Concentration in Automotive Industry

“The company is diversifying into aerospace and defense, but remains heavily exposed to the automotive and commercial vehicle sectors.”

Tariff Cost Pressure

“Tariff cost and recovery 38 40 (2)” · word for word

Customer Concentration

“For the year ended December 31, 2025, our top five customers accounted for approximately 37% of our net sales, with General Motors Company representing 18%.” · word for word

Commodity Cost Inflation

“Prices for commodities remain volatile, and since the beginning of 2024, the Company has experienced price increases for energy and base metals (such as steel, aluminum and copper).” · word for word

Demand Decline in Key Markets

“In our key markets for 2026, LV and CV volumes are expected to decline by mid-single and low-single digit percentages, respectively.” · word for word

Emissions Investigation

“German authorities announced a diesel defeat device investigation in 2022, which we believe is focused on engines sold by two of our light vehicle OEM customers prior to 2020” · word for word

Tariff exposure remains a key risk; tariff recoveries partially offset but create margin dilution.

“Adjusted EBITDA margin lower by 40 bps, primarily due to the dilutive effect of tariff recoveries.”

Europe volumes declined, partially offset by Asia and Americas growth.

“Net sales increased $19 million or 2.3%, primarily driven by tariff recoveries and increased volumes in Asia and Americas, partially offset by reduced volumes in Europe.” · word for word

Auditor change; no disagreements or reportable events; remediated material weakness from FY2023.

“except for the material weakness in the Company’s internal control over financial reporting... remediated during the fiscal year 2023.” · word for word

One-time loss from settlement of separation-related claims impacted net earnings.

“primarily driven by a one-time loss in connection with the settlement of separation-related claims” · word for word

External headwinds and tariff dynamics remain uncertain.

“Despite external headwinds” · word for word

Tariff cost pressure

“Tariff cost and recovery: $14 million in net sales, $13 million in cost of sales for Q3 2025.”

Separation-related litigation settlement

“$39 million loss in connection with the settlement of separation-related claims with the Former Parent.” · word for word

OEM market softening

“We expect earnings and cash generation in 2025 to be challenged as we expect a softening of the original equipment markets to outpace our ability to drive operational efficiencies.” · word for word