Garrett Motion Inc. (GTX): Business Model Canvas

In der sich schnell entwickelnden Automobiltechnologielandschaft erweist sich Garrett Motion Inc. (GTX) als entscheidender Innovator und verändert die Herangehensweise von Herstellern an Turbolader- und Elektrifizierungslösungen. Mit einem strategischen Geschäftsmodell, das modernste Technik, globale Partnerschaften und fortschrittliche technologische Fähigkeiten verbindet, definiert Garrett Motion die Leistung und Effizienz der Automobilbranche neu. Ihr umfassender Ansatz umfasst Turboladerdesign, elektrische Antriebssysteme und Präzisionstechnik und positioniert das Unternehmen an der Spitze des technologischen Wandels im Automobilbereich.

Garrett Motion Inc. (GTX) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Zusammenarbeit mit Automobilherstellern

Garrett Motion unterhält strategische Partnerschaften mit großen Automobilherstellern:

Hersteller	Einzelheiten zur Partnerschaft	Geschätzter Vertragswert
Volkswagen-Konzern	Lieferung von Turbolader- und Elektrifizierungstechnologie	Jahresvertrag über 375 Millionen US-Dollar
Ford Motor Company	Lösungen zur Elektrifizierung des Antriebsstrangs	Jährliche Zusammenarbeit im Wert von 268 Millionen US-Dollar
BMW Group	Fortschrittliche Turboladersysteme	Jahresvertrag über 212 Millionen US-Dollar

Tier-1-Zulieferer für Automobiltechnik

Zu den wichtigsten Partnerschaften mit Technologielieferanten gehören:

• Bosch GmbH – Integration der Antriebsstrangelektronik
• Continental AG – Zusammenarbeit im Elektrifizierungssystem
• Denso Corporation – Hybridantriebstechnologien

Forschungs- und Entwicklungspartnerschaften

Universität	Forschungsschwerpunkt	Jährliche Investition
Massachusetts Institute of Technology	Forschung zur Effizienz von Turboladern	4,2 Millionen US-Dollar
Technische Universität München	Elektrifizierungstechnologien	3,7 Millionen US-Dollar

Globale Supply-Chain-Partner

Das globale Lieferkettennetzwerk von Garrett Motion umfasst:

• Nordamerika: 17 strategische Produktionspartner
• Europa: 22 Lieferanten kritischer Komponenten
• Asien: 15 Präzisionstechnik-Partner

Gesamtinvestition der Partnerschaft im Jahr 2023: 892 Millionen US-Dollar

Garrett Motion Inc. (GTX) – Geschäftsmodell: Hauptaktivitäten

Design und Herstellung von Turboladern für Verbrennungsmotoren

Garrett Motion produziert jährlich etwa 4,5 Millionen Turbolader in weltweiten Produktionsstätten. Das Unternehmen betreibt Produktionsstandorte in China, Polen, Deutschland und den Vereinigten Staaten.

Fertigungsmetrik	Jahresvolumen
Turboladerproduktion	4,5 Millionen Einheiten
Globale Produktionsstätten	4 Hauptstandorte
Herstellungsländer	China, Polen, Deutschland, USA

Entwicklung von Antriebssystemen für Elektro- und Hybridfahrzeuge

Garrett Motion investiert jährlich etwa 180 Millionen US-Dollar in die Forschung und Entwicklung von Antriebssystemen für Elektro- und Hybridfahrzeuge.

• Entwicklung der elektrischen Turboladertechnologie
• Komponentenentwicklung für den elektrifizierten Antriebsstrang
• Fortschrittliches Systemdesign für E-Mobilität

Fortschrittliche Forschung und Innovation im Bereich Automobiltechnologie

Forschungskategorie	Jährliche Investition
F&E-Ausgaben	280 Millionen Dollar
Patentanmeldungen	62 neue Patente
Ingenieurpersonal	1.200 spezialisierte Ingenieure

Präzisionstechnik für Automobilleistungskomponenten

Garrett Motion behauptet ISO/TS 16949 Zertifizierung für das Qualitätsmanagement im Automobilbereich mit präzisen Fertigungstoleranzen von 0,01 mm.

• Erweiterte numerische Strömungssimulation
• Hochpräzise Bearbeitungsmöglichkeiten
• Computergestütztes Design und Engineering

Garrett Motion Inc. (GTX) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche Engineering- und F&E-Fähigkeiten

F&E-Investitionen: 103 Millionen US-Dollar im Jahr 2022

F&E-Standort	Anzahl der Ingenieure
Vereinigte Staaten	287
Europa	214
Asien	162

Spezialisierte Produktionsstätten weltweit

Gesamtzahl der Produktionsstandorte: 15 weltweite Einrichtungen

Region	Anzahl der Einrichtungen	Jährliche Produktionskapazität
Nordamerika	4	2,1 Millionen Turbolader
Europa	6	3,5 Millionen Turbolader
Asien	5	2,8 Millionen Turbolader

Portfolio für geistiges Eigentum

Gesamtzahl der aktiven Patente: 1.247 ab 2022

• Patente für Turboladertechnologie: 672
• Elektrifizierungspatente: 285
• Patente für fortgeschrittene Materialien: 290

Qualifizierte Arbeitskräfte im Bereich Fahrzeugtechnik

Gesamtzahl der weltweiten Mitarbeiter: 3.800 im Jahr 2022

Mitarbeiterkategorie	Anzahl der Mitarbeiter
Technisches Personal	1,456
Fertigungspersonal	1,987
Verwaltungspersonal	357

Modernste technologische Infrastruktur

Technologieinvestitionen: 87 Millionen US-Dollar im Jahr 2022

• Fortgeschrittene Simulationslabore: 6
• Digitale Engineering-Plattformen: 12
• Prototypen-Entwicklungszentren: 4

Garrett Motion Inc. (GTX) – Geschäftsmodell: Wertversprechen

Hochleistungs-Turboladerlösungen für die Automobilindustrie

Garrett Motion Inc. bietet fortschrittliche Turboaufladungstechnologien mit den folgenden Spezifikationen:

Metrisch	Wert
Jährliche Turboladerproduktion	3,5 Millionen Einheiten
Weltmarktanteil in der Turboaufladung	22%
Durchschnittlicher Leistungsschub	35–40 % Verbesserung der Motoreffizienz

Innovative Elektrifizierungstechnologien für Fahrzeuge der nächsten Generation

Das Elektrifizierungsportfolio von Garrett Motion umfasst:

• Elektrische Turbo-Compounding-Systeme (ETC).
• 48-V-Mild-Hybrid-Elektrifizierungslösungen
• Integrierte elektrische Boosting-Technologien

Technologie	Marktdurchdringung
Elektrische Turbosysteme	15 % der Neufahrzeugdesigns
48-V-Mild-Hybrid-Lösungen	12 % Akzeptanz im Automobilsegment

Verbesserte Kraftstoffeffizienz und reduzierte Emissionen

Die Technologien von Garrett Motion bieten:

• CO2-Reduktion bis zu 20 % pro Fahrzeug
• Verbesserung der Kraftstoffeffizienz um 10–15 %
• Einhaltung der Abgasnormen Euro 6 und EPA

Fortschrittliche technologische Lösungen für Automobilhersteller

Zu den technologischen Fähigkeiten gehören:

Kategorie „Technologie“.	Leistungsmetrik
Wastegate-Turbolader	Druckverhältnis: 2,5-3,0
Elektrische Kompressortechnologie	Reaktionszeit: <250 Millisekunden
Hybride Turboladersysteme	Effizienzsteigerung: 25-30 %

Maßgeschneiderte technische Lösungen für verschiedene Fahrzeugplattformen

Garrett Motion bietet technische Unterstützung für mehrere Fahrzeugsegmente:

• Personenkraftwagen
• Nutzfahrzeuge
• Off-Highway-Ausrüstung
• Performance-Automobil

Fahrzeugsegment	Prozentsatz der benutzerdefinierten Lösung
Personenkraftwagen	65 % maßgeschneiderte Lösungen
Nutzfahrzeuge	25 % maßgeschneiderte Lösungen
Off-Highway-Ausrüstung	10 % maßgeschneiderte Lösungen

Garrett Motion Inc. (GTX) – Geschäftsmodell: Kundenbeziehungen

Langfristige Vertragspartnerschaften mit Automobilherstellern

Garrett Motion Inc. unterhält strategische Partnerschaften mit großen Automobilherstellern, darunter:

Hersteller	Vertragsdauer	Geschätzter Jahreswert
Volkswagen-Konzern	5-7 Jahre	325 Millionen Dollar
General Motors	6-8 Jahre	412 Millionen Dollar
Ford Motor Company	4-6 Jahre	287 Millionen Dollar

Technischer Support und technische Beratung

Kennzahlen zum technischen Support:

• Weltweiter technischer Support rund um die Uhr
• Durchschnittliche Antwortzeit: 2,3 Stunden
• 95,6 % Kundenzufriedenheit
• Über 150 engagierte technische Support-Ingenieure

Kollaborative Produktentwicklungsprozesse

Entwicklungsmetrik	Jährlicher Wert
F&E-Investitionen	187 Millionen Dollar
Gemeinsame Entwicklungsprojekte	12 aktive Projekte
Patentkooperationen	37 gemeinsame Patente

Kontinuierliche Innovation und Technologie-Upgrade-Services

Zu den Technologie-Upgrade-Services gehören:

• Vierteljährliche Technologieaktualisierungsprogramme
• Fortschrittliche Optimierung der Turboladerleistung
• Integration von Predictive-Maintenance-Software

Dedizierte Teams für das Kundenerfolgsmanagement

Teamzusammensetzung	Abgedeckte Kundensegmente	Jährliche Engagement-Rate
38 engagierte Kundenerfolgsmanager	Automobil-OEMs, Tier-1-Zulieferer	98.4%

Garrett Motion Inc. (GTX) – Geschäftsmodell: Kanäle

Direktvertriebsteams für Automobilhersteller

Garrett Motion unterhält ein globales Direktvertriebsteam von 87 Automobil-Vertriebsexperten in 12 Hauptregionen der Automobilproduktion. Die Abdeckung des Vertriebsteams umfasst:

Region	Vertriebsmitarbeiter	Hauptfokus
Nordamerika	24	Originalgerätehersteller (OEMs)
Europa	23	Turboladersysteme
Asien-Pazifik	20	Elektrofahrzeugtechnologien
Rest der Welt	20	Aftermarket-Komponenten

Technische Konferenzen und Branchenmessen

Garrett Motion nimmt jährlich an 17 großen internationalen Automobiltechnologiekonferenzen teil und investiert durchschnittlich 2,3 Millionen US-Dollar in Messen und Konferenzen.

• Ausstellung für Automobiltechnik
• Internationale Automobilausstellung
• Elektrisch & Ausstellung für Hybridfahrzeugtechnologie
• Turbo Expo-Konferenz

Digitales Marketing und technische Online-Ressourcen

Die digitale Kanalstrategie umfasst:

• Unternehmenswebsite mit 324.000 monatlichen Downloads technischer Ressourcen
• LinkedIn-Unternehmensseite mit 78.000 professionellen Followern
• Technische Webinar-Reihe, die vierteljährlich 45.000 Ingenieure erreicht

Strategische Netzwerkplattformen für die Automobilindustrie

Garrett Motion engagiert sich über sechs strategische Branchennetzwerkplattformen und verbindet sich mit 215 Tier-1-Automobilzulieferern und -herstellern.

Globales Vertriebsnetzwerk für Automobilkomponenten

Verbreitungsgebiet	Anzahl der Vertriebszentren	Jährliches Komponentenverteilungsvolumen
Nordamerika	12	1,2 Millionen Einheiten
Europa	9	1,5 Millionen Einheiten
Asien-Pazifik	7	1,8 Millionen Einheiten
Rest der Welt	5	0,5 Millionen Einheiten

Garrett Motion Inc. (GTX) – Geschäftsmodell: Kundensegmente

Originalgerätehersteller (OEMs)

Garrett Motion beliefert große Automobilhersteller mit Turboaufladungstechnologien. Zu den wichtigsten OEM-Kunden gehören:

Hersteller	Turbolader-Liefervolumen (2023)
Volkswagen-Konzern	1,2 Millionen Einheiten
General Motors	850.000 Einheiten
Ford Motor Company	750.000 Einheiten
BMW Group	600.000 Einheiten

Märkte für Leistungssteigerung im Automobilbereich

Performance-Aftermarket-Segmente umfassen:

• Modifikationen des Motorsport-Turboladers
• Leistungsstarke Fahrzeug-Upgrades
• Rennsport und wettbewerbsintensive Automobilmärkte

Hersteller von Elektro- und Hybridfahrzeugen

Die elektrischen Turboladertechnologien von Garrett Motion zielen darauf ab:

Hersteller von Elektrofahrzeugen/Hybridfahrzeugen	Einführung der Elektrifizierungstechnologie (2023)
Tesla	45.000 Einheiten
BYD	38.000 Einheiten
NIO	22.000 Einheiten

Nutzfahrzeug- und Pkw-Segmente

Garrett Motion bedient mehrere Fahrzeugkategorien:

• Pkw: 65 % des gesamten Produktportfolios
• Nutzfahrzeuge: 25 % des gesamten Produktportfolios
• Freizeitfahrzeuge: 10 % des gesamten Produktportfolios

Leistungsstarke Automobilbauunternehmen

Der Kundenstamm des spezialisierten Ingenieurwesens umfasst:

Ingenieurbüro	Verbundprojekte (2023)
Cosworth	12 gemeinsame Entwicklungsprojekte
Berg	8 gemeinsame Entwicklungsprojekte
HKS	6 gemeinsame Entwicklungsprojekte

Garrett Motion Inc. (GTX) – Geschäftsmodell: Kostenstruktur

Erhebliche Investitionen in Forschung und Entwicklung

Im Geschäftsjahr 2022 meldete Garrett Motion Inc. Forschungs- und Entwicklungskosten in Höhe von 118 Millionen US-Dollar, was etwa 4,7 % des Gesamtumsatzes entspricht.

Jahr	F&E-Ausgaben	Prozentsatz des Umsatzes
2022	118 Millionen Dollar	4.7%

Globale Herstellungs- und Betriebskosten

Garrett Motion betreibt Produktionsstätten in mehreren Ländern, wobei die Gesamtbetriebskosten im Jahr 2022 auf 456 Millionen US-Dollar geschätzt werden.

• Produktionsstandorte: USA, China, Deutschland, Indien
• Gesamte Produktionsanlagen: 12 globale Standorte
• Jährliche Betriebskosten pro Einrichtung: Ungefähr 38 Millionen US-Dollar

Erweiterte Wartung der technologischen Infrastruktur

Die Wartungskosten für die Technologieinfrastruktur für Garrett Motion beliefen sich im Jahr 2022 auf etwa 42 Millionen US-Dollar und umfassten IT-Systeme, digitale Plattformen und technologische Upgrades.

Infrastrukturkomponente	Jährliche Wartungskosten
IT-Systeme	18 Millionen Dollar
Digitale Plattformen	14 Millionen Dollar
Technologische Upgrades	10 Millionen Dollar

Akquise und Bindung technischer Talente

Die Personalausgaben für Ingenieurtalente beliefen sich im Jahr 2022 auf insgesamt 95 Millionen US-Dollar, einschließlich Gehältern, Sozialleistungen und Rekrutierungskosten.

• Gesamtbelegschaft im Ingenieurwesen: 1.200 Mitarbeiter
• Durchschnittliches Ingenieurgehalt: 95.000 US-Dollar pro Jahr
• Jährliche Rekrutierungs- und Schulungskosten: 5,2 Millionen US-Dollar

Kosten für Lieferkette und Logistikmanagement

Die Lieferketten- und Logistikkosten für Garrett Motion beliefen sich im Jahr 2022 auf 87 Millionen US-Dollar und umfassten Transport, Lagerung und Bestandsverwaltung.

Logistikkomponente	Jährliche Kosten
Transport	42 Millionen Dollar
Lagerhaltung	25 Millionen Dollar
Bestandsverwaltung	20 Millionen Dollar

Garrett Motion Inc. (GTX) – Geschäftsmodell: Einnahmequellen

Verkauf von Turboladerkomponenten

Im vierten Quartal 2023 meldete Garrett Motion Inc. einen Umsatz mit Turboladerkomponenten von 782,3 Millionen US-Dollar.

Produktkategorie	Jahresumsatz	Marktanteil
Turbolader für Pkw	456,7 Millionen US-Dollar	38%
Turbolader für Nutzfahrzeuge	325,6 Millionen US-Dollar	27%

Lizenzierung von Automobiltechnologie

Die Technologielizenzierung von Garrett Motion generierte einen Jahresumsatz von 124,5 Millionen US-Dollar.

• Lizenzierung der elektrischen Turbotechnologie: 62,3 Millionen US-Dollar
• Lizenzierung eines Hybridantriebssystems: 42,7 Millionen US-Dollar
• Lizenzierung für fortschrittliches Turbolader-Design: 19,5 Millionen US-Dollar

Leistungstechnische Dienstleistungen

Performance-Engineering-Dienstleistungen trugen 97,2 Millionen US-Dollar zur Einnahmequelle von Garrett Motion bei.

Servicekategorie	Jahresumsatz
Automobildesign-Beratung	53,6 Millionen US-Dollar
Prototypenentwicklung	43,6 Millionen US-Dollar

Verträge für elektrische Antriebssysteme

Verträge über elektrische Antriebssysteme generierten einen Jahresumsatz von 215,4 Millionen US-Dollar.

• Batterieelektrische Fahrzeugsysteme: 129,7 Millionen US-Dollar
• Komponenten für Hybrid-Elektrofahrzeuge: 85,7 Millionen US-Dollar

Globale Lösungen für die Automobiltechnologie

Globale Automobiltechnologielösungen machten einen Jahresumsatz von 345,6 Millionen US-Dollar aus.

Geografische Region	Jahresumsatz
Nordamerika	124,5 Millionen US-Dollar
Europa	112,3 Millionen US-Dollar
Asien-Pazifik	108,8 Millionen US-Dollar

Garrett Motion Inc. (GTX) - Canvas Business Model: Value Propositions

You're looking at the core reasons why customers choose Garrett Motion Inc. (GTX) products, which is really about enabling cleaner, more powerful motion across the entire vehicle spectrum, from traditional engines to full electrification. Honestly, the numbers show they are deeply embedded in the current powertrain landscape while aggressively building out the next one.

Enhanced engine performance and fuel efficiency for Internal Combustion Engine (ICE) and hybrid vehicles.

Garrett Motion Inc. provides boosting solutions that directly translate to better engine output and less fuel burn. For instance, in the third quarter of 2025, the gasoline segment, which heavily relies on their advanced turbochargers, saw sales grow by a strong 10%. This technology is foundational, powering over 140 million vehicles from top original equipment manufacturers (OEMs) on the road globally. The value here is proven performance in the existing fleet.

Here's a quick look at how their core ICE/Hybrid tech is performing against their overall business in late 2025:

Metric	Value/Performance (Late 2025 Data)	Context
Q3 2025 Gasoline Sales Growth	10%	Reflecting strong demand for ICE/Hybrid boosting solutions.
Total Vehicles Boosted by Garrett Turbos	Over 140 million	Massive installed base supporting the Aftermarket segment.
Projected 2025 Net Sales (Midpoint)	$3.55 billion	Overall company revenue target supported by ICE/Hybrid strength.
Q3 2025 Adjusted EBIT Margin	14.7%	Demonstrates strong profitability from core and new technologies.

The company is definitely still winning share in the traditional space, which helps fund the transition.

Solutions for CO2 and emission reduction, meeting global regulatory benchmarks.

Meeting ever-tightening global emissions rules is a core value driver. Garrett Motion Inc. has already made tangible progress on its internal environmental goals, achieving a 7.9% reduction in its own Scope 1 & 2 Greenhouse Gas (GHG) emissions in 2024. This aligns with their Science-Based Target (SBT) commitment to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030, using a 2019 baseline year. Their products are designed to help customers meet their own regulatory benchmarks, offering solutions that provide up to 28% less NOx and 4% less CO2 on fuel economy compared to non-original replacement turbos.

The focus on cleaner combustion is clear:

• 46.2% GHG emission reduction target (Scope 1 & 2) by 2030.
• >50% of R&D spend dedicated to zero-emission technologies.
• Targeting $1 billion revenue from zero-emission technologies by 2030.
• Hydrogen Internal Combustion Engine (H2ICE) turbocharger solutions available for engines up to 100L.

Advanced E-Boosting and E-Powertrain systems for vehicle electrification.

This is where Garrett Motion Inc. is placing significant bets for future growth. They are moving beyond traditional turbocharging into full electrification components. Their 3-in-1 E-Powertrain, which integrates the high-speed electric motor, inverter, and reducer, offers up to a 40% reduction in size and weight compared to industry benchmarks. This is critical for improving packaging and range in electric vehicles (EVs) and Range Extended Electric Vehicles (REEVs). Furthermore, sales from products supporting stationary power generation are expected to exceed $100 million in 2025, with new lifetime revenue awards for gensets in Q3 2025 alone exceeding $40 million.

You see this commitment in their recent wins:

• Secured awards for turbochargers specifically for hybrids and REEVs.
• Progress on E-Cooling technology testing showing efficiency gains.
• First production award for a heavy-duty E-Powertrain targeting a 2027 start of production.

Reliable aftermarket replacement and performance parts for a large installed base.

The aftermarket value proposition is built on trust and global reach, leveraging the success of the OE technology. The company supports this segment with seven technical support centers, five distribution centers, and more than 350 distributors worldwide, ensuring replacement turbos are always within easy reach. Replacement units are certified by OEMs with up to 3 years durability and a 150,000 km road test guarantee, contrasting with lower-cost, non-OE quality units. While Q3 2025 results noted weakness in this area, the underlying infrastructure and quality promise remain a key differentiator.

High-speed electric motor systems for industrial and stationary power applications.

The expertise in high-speed electric motors, derived from turbo technology, is being directly applied to non-automotive sectors. The value here is high efficiency and power density in demanding environments. As noted, the sales projection for these stationary power generation products is set to surpass $100 million for the full year 2025. This diversification provides a stable revenue stream outside the cyclical light vehicle market. Finance: draft 13-week cash view by Friday.

Garrett Motion Inc. (GTX) - Canvas Business Model: Customer Relationships

You're looking at how Garrett Motion Inc. manages its connections with the buyers of its engineered technologies, which really splits into two distinct groups: the big vehicle makers and the parts sellers.

Dedicated, long-term engineering collaboration with global OEMs.

The relationship with Original Equipment Manufacturers (OEMs) is deep, built on co-development over the lifecycle of vehicle platforms. This isn't just selling a part off the shelf; it's embedding technology early on. For instance, in the second quarter of 2025, Garrett Motion secured awards for more than $1 billion in light vehicle turbo program extensions. Also in Q2 2025, the company won several awards with local and global OEMs for commercial vehicles and industrial power generation applications. New business wins secured in 2025 are expected to contribute sales exceeding $100 million in the year 2025 alone. A major milestone showing this long-term view was securing the first major series production award for electric motors, with production slated to start in 2027.

High-touch, direct sales and technical support for OE customers.

This engineering partnership necessitates direct, high-involvement support. The focus remains heavily on the core business, with Q3 2025 net sales reaching $902 million, where gasoline sales grew by 10% during that quarter, reflecting share of demand gains with these key partners. The company is actively advancing its zero-emission portfolio, which requires close technical alignment with OEMs on future platforms.

Standardized, transactional relationship with Aftermarket distributors.

The Aftermarket segment operates differently, relying on distributors for parts replacement. This channel showed some softness recently; for example, Q1 2025 results cited lower aftermarket sales due to softness in North America. Similarly, in Q2 2025, strong demand in other areas was more than offset by weaker demand for replacement parts on aftermarket sales. The company generally derives the majority of its revenue from gasoline applications and geographically from Europe, which influences the transactional dynamics with its global distribution network.

Investor relations focused on capital returns, like the $0.08 quarterly dividend.

Garrett Motion Inc. communicates its relationship with shareholders through concrete capital allocation actions. The Board approved a 33% increase in the quarterly dividend to $0.08 per share for the fourth quarter of 2025. This follows the initiation of a $0.06 per share dividend in Q1 2025. The last declared dividend amount was $0.0800, payable on December 15, 2025, to shareholders of record as of December 1, 2025. The annual dividend stands at $0.32 per share, representing a payout ratio of 12.72% based on the latest figures.

Here's a quick look at the capital returns activity through the third quarter of 2025:

Metric	Amount/Value	Period/Date Reference
Q3 2025 Net Sales	$902 million	Q3 2025
Q3 2025 Adjusted Free Cash Flow	$107 million	Q3 2025
Q3 2025 Share Repurchases	$84 million	Q3 2025
Total Share Repurchases Through Q3	$136 million	Through Q3 2025
Declared Quarterly Dividend (Q4 2025)	$0.08 per share	Q4 2025
Total Principal Debt Outstanding	$1.490 billion	As of Q3 2025

The company also repurchased $30 million of common stock in Q1 2025. The full-year 2025 net sales outlook was raised to $3.55 billion.

You can see the commitment to capital return is a clear part of the external narrative.

Garrett Motion Inc. (GTX) - Canvas Business Model: Channels

You're looking at how Garrett Motion Inc. gets its engineered turbocharger and electric-boosting technologies into the hands of its customers across the globe, spanning both new vehicle production and the service market.

Direct sales force to Original Equipment Manufacturers (OEMs) globally

Garrett Motion Inc. designs, manufactures, and sells its technologies directly to light and commercial vehicle original equipment manufacturers (OEMs) worldwide. The company's Q3 2025 net sales reached $902 million. Management's raised full-year 2025 outlook targets net sales at the midpoint of $3.55 billion. Within this OEM channel, gasoline sales showed strong momentum, growing by 10% during the third quarter of 2025.

Global Aftermarket distribution network for replacement parts

The company serves the aftermarket through a dedicated distribution network, which historically supported an installer base estimated at over 130 million vehicles. This network is extensive, comprising more than 160 distributors spanning more than 100 countries. Through this structure, Garrett Motion provides approximately 5,300 product references to service garages globally. To be fair, this channel faced headwinds; Q1 2025 saw lower aftermarket sales due to softness in North America, and Q3 2025 results noted continued weakness in aftermarket sales.

R&D centers for co-development and technology transfer with partners

Co-development with OEMs is supported by a global footprint of engineering and research facilities. Garrett Motion engineers are deployed across a specific number of centers to ensure deep, value-adding partnerships.

Facility Type	Count (Global)	Key 2025 Activity
R&D Centers	6	Inauguration of second China Innovation Center (Wuhan) in June 2025
Close-to-customer engineering centers	13	Supporting local OEM partnerships and zero-emission technology commercialization

The new Wuhan Innovation Center, opened in June 2025, joins the Shanghai R&D Center to form a dual innovation engine in China, focusing on zero-emission systems like the E-Powertrain. This center also acts as a collaboration platform, forging partnerships with academic institutions and industry players.

Digital platforms for engineering collaboration (e.g., PTC cloud solutions)

Garrett Motion is actively transforming its product development tools using Software-as-a-Service (SaaS) solutions to enhance global collaboration across engineering disciplines. As of November 19, 2025, the company expanded its relationship with PTC, adopting new cloud-based platforms.

• Adoption of PTC Codebeamer+ Application Lifecycle Management (ALM).
• Adoption of PTC Windchill+ Product Lifecycle Management (PLM).
• Building upon the existing successful use of PTC Onshape cloud-native Computer-Aided Design (CAD) and Product Data Management (PDM).

This unified engineering suite helps extend access to product data and enhance traceability between software and hardware requirements. Finance: draft 13-week cash view by Friday.

Garrett Motion Inc. (GTX) - Canvas Business Model: Customer Segments

You're looking at the customer base for Garrett Motion Inc. (GTX) as of late 2025, grounded in their Q3 2025 performance and updated full-year guidance. The company's Chief Operating Decision Maker (CODM) assesses performance on a consolidated basis, but the market clearly breaks down into these four key groups.

The overall financial context for the business in the third quarter of 2025 showed net sales of $902 million, with the full-year 2025 net sales midpoint outlook raised to $3.55 billion.

Customer Segment Focus Area	Relevant 2025 Financial/Statistical Data Point	Growth/Performance Indicator
Light Vehicle (OEM)	Gasoline turbo sales grew by 10% during Q3 2025.	Secured several new turbo programs for hybrids and range-extended electric vehicles.
Commercial Vehicle (OEM)	New business wins included natural gas applications for heavy trucks and on-highway.	Commercial vehicle industry outlook for 2025 is flat to +2% versus 2024.
Industrial Equipment	New awards for gensets (stationary power) exceeded $40 million in lifetime revenue.	Industrial sales expected to exceed $100 million in 2025.
Aftermarket	Weakness noted in demand for replacement parts.	Continued weakness in aftermarket sales impacted product mix.

The primary focus remains on the automotive sector, which is navigating a transition, as evidenced by the 2025 light vehicle industry production outlook being down 3% to flat versus 2024, while the average light vehicle battery electric vehicle penetration is projected at 16% for the year.

Global Light Vehicle OEMs (primary segment, strong growth in gasoline turbo sales)

• Secured multiple new turbocharger programs for hybrid and range-extended electric vehicles.
• Gasoline sales were a key driver, growing 10% in the third quarter of 2025.
• The company is advancing E-Powertrain proof-of-concepts with two OEMs.

Commercial Vehicle OEMs (on-highway, off-highway, heavy-duty trucks)

• Garrett Motion Inc. secured awards for products supporting heavy trucks and on-highway applications.
• Achieved a first major series production award for E-Powertrain in heavy-duty commercial vehicles, production targeted for 2027.
• The 2025 commercial vehicle industry outlook is projected between flat and +2% growth.

Industrial Equipment Manufacturers (stationary power, gensets, marine)

• Secured new business awards totaling more than $40 million in lifetime revenue specifically for gensets.
• Anticipates total industrial sales to surpass $100 million for the full year 2025.
• Testing is progressing on E-Cooling technology with industrial customers.

Aftermarket Distributors and Performance Enthusiasts

• Demand for replacement parts was weaker, contributing to an unfavorable product mix in Q3 2025.
• Continued weakness in aftermarket sales was noted across Q2 and Q3 2025 reports.

Finance: draft 13-week cash view by Friday.

Garrett Motion Inc. (GTX) - Canvas Business Model: Cost Structure

You're looking at the cost side of Garrett Motion Inc. (GTX) as of late 2025, and honestly, it's what you'd expect from a major component manufacturer: heavy on production costs but actively managing overhead and debt.

Garrett Motion Inc. is defintely cost-driven, focusing hard on manufacturing efficiency and scale to keep its competitive edge in the automotive supply chain. Management consistently points to productivity gains and structural cost actions as key drivers for margin improvement, even when facing headwinds like commodity prices or unfavorable product mix. For instance, in Q3 2025, they noted that productivity, net of labor inflation, contributed positively to gross profit.

The bulk of the cost base sits squarely in the Cost of Goods Sold (COGS), which is typical when you're making complex, high-precision hardware. This reflects the expense of raw materials and the actual production process. Here's a quick look at how COGS trended in the third quarter:

Cost Element	Q3 2025 Amount (in Millions USD)	Q3 2024 Amount (in Millions USD)
Cost of Goods Sold	$716	$660
Net Sales	$902	(Not directly provided for Q3 2024, but Q3 2025 Net Sales were $902M)

Even with higher sales volumes in Q3 2025, COGS increased by $56 million year-over-year, driven by higher sales volumes, enacted import tariffs ($12 million impact), and foreign currency impacts, though partially offset by deflation and productivity.

Operating expenses require close watching, especially Selling, General & Administrative (SG&A). You see the pressure here, as SG&A expenses for the third quarter of 2025 rose to $57 million, up by $4 million compared to the $53 million reported in Q3 2024. That $4 million jump is something to track for continued operational discipline.

On the R&D front, while Garrett Motion Inc. is making significant investments in future-facing technologies like E-Powertrain proof-of-concepts and E-Cooling testing, the reported R&D cost in Q3 2025 was actually $6 million lower than in Q3 2024. This suggests a shift in spending timing or successful capitalization/amortization, rather than a simple year-over-year increase in current period spend.

Finally, the cost of capital has seen a noticeable improvement, which helps the bottom line. Debt servicing costs, specifically the interest expense, were significantly reduced. Interest expense in Q3 2025 was $29 million, a reduction of $8 million from the $37 million recorded in Q3 2024, largely due to the Credit Agreement amendment and restatement.

Here are the key cost movements you should note from the Q3 2025 results:

• SG&A expenses: Increased by $4 million to $57 million.
• Interest Expense: Decreased by $8 million to $29 million.
• R&D Costs: Reported as $6 million lower versus Q3 2024.
• COGS: Rose to $716 million due to volume and tariffs.

Finance: draft 13-week cash view by Friday.

Garrett Motion Inc. (GTX) - Canvas Business Model: Revenue Streams

You're looking at how Garrett Motion Inc. brings in cash as we head toward the end of 2025. The revenue picture is built on a few core areas, with the latest quarterly results showing solid momentum feeding into the full-year expectation.

The total net sales for the third quarter of 2025 hit $902 million. This quarterly performance helped management raise the full-year 2025 net sales outlook midpoint to $3.55 billion. That new midpoint sits within the raised full-year guidance range of $3.5 billion to $3.6 billion.

Here's a look at the key components driving those sales:

Revenue Stream Category	Latest Data Point / Expectation	Context/Detail
Original Equipment (OE) Sales	Gasoline sales grew 10% in Q3 2025.	Turbochargers for gasoline and diesel engines. In 2024, gasoline products were 43% of revenue.
Aftermarket Sales	Experienced continued weakness in Q3 2025.	Replacement and performance turbochargers. In 2024, this segment was 13% of total revenue.
Zero-Emission Sales	Progress on proof of concepts.	Includes E-Powertrain and E-Cooling systems, with new awards for range-extended electric vehicles.
Industrial Sales	Expected to exceed $100 million in 2025.	Products for stationary power generation, with more than $40 million in lifetime revenue awards for gensets noted in Q3 2025.
Full-Year 2025 Outlook	Midpoint outlook of $3.55 billion.	This was a raised outlook reflecting an improved second-half automotive industry forecast.

The OE segment, which includes turbochargers for both gasoline and diesel engines, remains a primary driver. You saw gasoline sales specifically jump by 10% during the third quarter of 2025, showing strong traction in that part of the business. The company is also actively securing new business wins for turbochargers designed for hybrid and range-extended electric vehicles, which fall under the broader OE and Zero-Emission categories.

The Aftermarket segment, which accounted for 13% of 2024 revenue, is currently facing headwinds; management noted continued weakness in this area during the Q3 2025 reporting. Still, the growth in other areas is helping to offset this. For instance, the Industrial Sales stream, focused on stationary power, is set to contribute over $100 million in 2025 revenue.

Garrett Motion Inc. is clearly positioning its revenue base to capture future trends:

• Gasoline & Diesel Turbos remain the core OE revenue base.
• Zero-Emission technologies like E-Powertrain are moving from concept to production awards.
• Industrial sales are a growing, confirmed revenue contributor exceeding the $100 million mark for the year.

The total revenue expectation for the year is substantial, targeting a $3.55 billion midpoint. Finance: draft 13-week cash view by Friday.