BorgWarner Inc. Revenue in 2025

BorgWarner Inc. reported $14.3B in revenue for fiscal year 2025. This represents a growth of 1.6% compared to the 2024 figure of $14.1B.

BorgWarner's revenue has held near $14 billion for three consecutive years — $14.2 billion in 2023, $14.1 billion in 2024, $14.3 billion in 2025 — while the underlying mix has shifted considerably. EProducts grew from 14% of revenue in 2023 to 18% in 2025, not because combustion-related revenue collapsed but because electrification products grew faster than the overall company. Net income of $335 million in 2025 was depressed by $646 million in goodwill and asset impairments, largely tied to the charging infrastructure business the company exited. Strip out those charges, and the underlying profitability picture looks considerably different. The company achieved 2% revenue growth despite essentially flat global automotive production rates — meaning it gained content per vehicle, which is the key metric for any supplier trying to grow through electrification. The market capitalization of $14.9 billion places BorgWarner at roughly 1x revenue, a valuation that reflects ongoing uncertainty about the pace of EV adoption and its impact on the combustion business. The company generated enough free cash flow in 2025 to fund $646 million in impairments and still deliver net income. That is not a company in financial distress; it is a company managing a technology transition at scale. Voluntary employee turnover of 10.2% in 2025 — 7.4% for salaried staff, 11.8% for hourly workers — reflects the competitive labor market for automotive engineering talent. Every percentage point of turnover in engineering represents institutional knowledge that takes years to rebuild, a cost that does not appear directly in the income statement but shapes execution quality over time.