Phinia (PHIN) Gross Margin (2022 - 2026)
Phinia's (PHIN) quarterly Gross Margin came in at 22.98% in Q2 2026, up 84.0% year-over-year from 12.49% in Q2 2025, and up 7.32% quarter-over-quarter from 21.41% in Q1 2026.
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Phinia (PHIN) Gross Margin (2022 - 2026) Analysis & Trends
Phinia has disclosed Gross Margin across 5 years of filings, most recently posting 22.98% for Q2 2026.
- In Q2 2026, Gross Margin rose 84.0% year-over-year to 22.98%; the TTM figure through Jun 2026 stood at 22.05% (down 14.0% YoY), while the FY2025 annual figure was 21.88%, down 34.0% from the prior year.
- Gross Margin came in at 22.98% for Q2 2026 at Phinia, up from 21.41% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 23.4% in Q3 2022 to a low of 19.75% in Q3 2023.
- Average Gross Margin over 5 years is 21.7%, with a median of 21.71% recorded in 2025.
- Year-over-year, Gross Margin tumbled 364 bps in 2023 and soared 253 bps in 2024.
- Over 5 years, Gross Margin stood at 22.09% in 2022, then declined by 5 bps to 21.09% in 2023, then grew by 8 bps to 22.69% in 2024, then declined by 4 bps to 21.71% in 2025, then climbed by 6 bps to 22.98% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 22.98% in Q2 2026, 21.41% in Q1 2026, and 21.71% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 368.35 Bn | 361.64 Bn | 7.76 Bn | 37.78% |
| 2 | Cummins | 75.57 Bn | 70.90 Bn | 2.47 Bn | 26.07% |
| 3 | Paccar | 64.52 Bn | 55.86 Bn | 1.56 Bn | 20.64% |
| 4 | Borgwarner | 13.19 Bn | 10.74 Bn | 721.00 Mn | 19.76% |
| 5 | Allison Transmission Holdings | 10.31 Bn | 9.91 Bn | 515.00 Mn | 32.89% |
| 6 | Oshkosh | 9.29 Bn | 8.88 Bn | 480.30 Mn | 16.48% |
| 7 | Federal Signal | 7.04 Bn | 6.98 Bn | 203.80 Mn | 30.41% |
| 8 | Terex | 6.83 Bn | 6.42 Bn | 444.00 Mn | 19.84% |
| 9 | Dana | 3.25 Bn | 2.92 Bn | 210.00 Mn | 10.45% |
| 10 | Phinia | 2.44 Bn | 2.07 Bn | 216.00 Mn | 22.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.98% |
| Mar 31, 2026 | 21.41% |
| Dec 31, 2025 | 21.71% |
| Sep 30, 2025 | 22.03% |
| Jun 30, 2025 | 22.13% |
| Mar 31, 2025 | 21.61% |
| Dec 31, 2024 | 22.69% |
| Sep 30, 2024 | 22.29% |
| Jun 30, 2024 | 21.66% |
| Mar 31, 2024 | 22.25% |
| Dec 31, 2023 | 21.09% |
| Sep 30, 2023 | 19.75% |
| Jun 30, 2023 | 21.31% |
| Mar 31, 2023 | 20.60% |
| Dec 31, 2022 | 22.09% |
| Sep 30, 2022 | 23.40% |
| Jun 30, 2022 | 19.85% |