Borgwarner (BWA) Operating Expenses (2009 - 2026)
Borgwarner (BWA) posted Operating Expenses of $352.0 million for Q2 2026, up 1.73% on a QoQ basis from $346.0 million in Q1 2026, and up 5.39% year-over-year from $334.0 million in Q2 2025.
Analysis
Borgwarner (BWA) Operating Expenses (2009 - 2026) Analysis & Trends
Borgwarner has reported Operating Expenses for 18 years, with the latest figure at $352.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 5.39% year-over-year to $352.0 million in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 2.37% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 1.33% from the prior year.
- Operating Expenses was $352.0 million for Q2 2026 at Borgwarner, up from $346.0 million in the prior quarter.
- The five-year high for Operating Expenses was $421.0 million in Q2 2022, with the low at $302.0 million in Q1 2023.
- Average Operating Expenses over 5 years is $356.7 million, with a median of $350.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 1114.71% in 2022, then slipped 25.06% in 2023.
- Over 5 years, Operating Expenses stood at $345.0 million in 2022, then increased by 5.51% to $364.0 million in 2023, then decreased by 4.12% to $349.0 million in 2024, then grew by 3.44% to $361.0 million in 2025, then slipped by 2.49% to $352.0 million in 2026.
- The last three Operating Expenses figures came in at $352.0 million (Q2 2026), $346.0 million (Q1 2026), and $361.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.83 Bn | 365.11 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Cummins | 73.24 Bn | 69.63 Bn | 2.47 Bn | 1.28 Bn |
| 3 | Paccar | 61.09 Bn | 52.42 Bn | 1.56 Bn | 6.23 Bn |
| 4 | Borgwarner | 12.90 Bn | 10.63 Bn | 721.00 Mn | 352.00 Mn |
| 5 | Allison Transmission Holdings | 9.67 Bn | 9.27 Bn | 515.00 Mn | 224.00 Mn |
| 6 | Oshkosh | 9.07 Bn | 8.66 Bn | 480.30 Mn | 237.10 Mn |
| 7 | Federal Signal | 6.95 Bn | 6.88 Bn | 203.80 Mn | 78.30 Mn |
| 8 | Terex | 6.75 Bn | 6.34 Bn | 444.00 Mn | 209.00 Mn |
| 9 | Dana | 3.21 Bn | 2.94 Bn | 210.00 Mn | 197.00 Mn |
| 10 | Phinia | 2.25 Bn | 1.88 Bn | 216.00 Mn | 136.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 352.00 Mn |
| Mar 31, 2026 | 346.00 Mn |
| Dec 31, 2025 | 361.00 Mn |
| Sep 30, 2025 | 364.00 Mn |
| Jun 30, 2025 | 334.00 Mn |
| Mar 31, 2025 | 346.00 Mn |
| Dec 31, 2024 | 349.00 Mn |
| Sep 30, 2024 | 361.00 Mn |
| Jun 30, 2024 | 366.00 Mn |
| Mar 31, 2024 | 348.00 Mn |
| Dec 31, 2023 | 364.00 Mn |
| Sep 30, 2023 | 386.00 Mn |
| Jun 30, 2023 | 343.00 Mn |
| Mar 31, 2023 | 302.00 Mn |
| Dec 31, 2022 | 345.00 Mn |
| Sep 30, 2022 | 330.00 Mn |
| Jun 30, 2022 | 421.00 Mn |
| Mar 31, 2022 | 403.00 Mn |
| Dec 31, 2021 | -34.00 Mn |
| Sep 30, 2021 | 394.00 Mn |