Garrett Motion Inc. (GTX): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el panorama de tecnología automotriz en rápida evolución, Garrett Motion Inc. (GTX) emerge como un innovador fundamental, transformando la forma en que los fabricantes se acercan a las soluciones de turbocompresión y electrificación. Con un modelo de negocio estratégico que une la ingeniería de vanguardia, las asociaciones globales y las capacidades tecnológicas avanzadas, Garrett Motion está redefiniendo el rendimiento y la eficiencia automotriz. Su enfoque integral abarca el diseño del turbocompresor, los sistemas de propulsión eléctrica e ingeniería de precisión, posicionando a la compañía a la vanguardia de la transformación tecnológica automotriz.

Garrett Motion Inc. (GTX) - Modelo de negocios: asociaciones clave

Colaboración estratégica con fabricantes de automóviles

Garrett Motion mantiene asociaciones estratégicas con los principales fabricantes de automóviles:

Fabricante	Detalles de la asociación	Valor estimado del contrato
Grupo Volkswagen	Suministro de tecnología de turbocompresor y electrificación	Contrato anual de $ 375 millones
Ford Motor Company	Soluciones de electrificación de tren motriz	$ 268 millones de colaboración anual
Grupo BMW	Sistemas de turbocompresión avanzados	Acuerdo anual de $ 212 millones

Proveedores de tecnología automotriz de nivel 1

Las asociaciones de proveedores de tecnología clave incluyen:

• Bosch GMBH - Integración electrónica de tren motriz
• Continental Ag - colaboración del sistema de electrificación
• Denso Corporation - Tecnologías de tren motriz híbrido

Asociaciones de investigación y desarrollo

Universidad	Enfoque de investigación	Inversión anual
Instituto de Tecnología de Massachusetts	Investigación de eficiencia del turbocompresor	$ 4.2 millones
Universidad Técnica de Munich	Tecnologías de electrificación	$ 3.7 millones

Socios globales de la cadena de suministro

Los tramos de red de cadena de suministro global de Garrett Motion:

• América del Norte: 17 socios de fabricación estratégica
• Europa: 22 proveedores de componentes críticos
• Asia: 15 socios de ingeniería de precisión

Inversión total de asociación en 2023: $ 892 millones

Garrett Motion Inc. (GTX) - Modelo de negocio: actividades clave

Diseño y fabricación de turbocompresores para motores de combustión interna

Garrett Motion produce aproximadamente 4.5 millones de turbocompresores anualmente en las instalaciones de fabricación global. La compañía opera sitios de producción en China, Polonia, Alemania y Estados Unidos.

Métrico de fabricación	Volumen anual
Producción de turbocompresor	4.5 millones de unidades
Instalaciones de fabricación global	4 sitios principales
Países manufactureros	China, Polonia, Alemania, EE. UU.

Desarrollo del sistema de propulsión de vehículos eléctricos e híbridos

Garrett Motion invierte aproximadamente $ 180 millones anuales en investigación y desarrollo del sistema de propulsión de vehículos híbridos.

• Desarrollo de tecnología de turbocompresores eléctricos
• Ingeniería de componentes de tren motriz electrificado
• Diseño avanzado del sistema de mobilización electrónica

Investigación e innovación de tecnología automotriz avanzada

Categoría de investigación	Inversión anual
Gasto de I + D	$ 280 millones
Solicitudes de patentes	62 nuevas patentes
Personal de ingeniería	1.200 ingenieros especializados

Ingeniería de precisión de componentes de rendimiento automotriz

Garrett Motion mantiene ISO/TS 16949 Certificación para gestión de calidad automotriz, con tolerancias de fabricación de precisión dentro de 0.01 mm.

• Simulación avanzada de dinámica de fluidos computacionales
• Capacidades de mecanizado de alta precisión
• Diseño e ingeniería asistida por computadora

Garrett Motion Inc. (GTX) - Modelo de negocio: recursos clave

Ingeniería avanzada y capacidades de I + D

Inversión de I + D: $ 103 millones en 2022

Ubicación de I + D	Número de ingenieros
Estados Unidos	287
Europa	214
Asia	162

Instalaciones de fabricación especializadas en todo el mundo

Ubicaciones de fabricación total: 15 instalaciones globales

Región	Número de instalaciones	Capacidad de producción anual
América del norte	4	2.1 millones de turbocompresores
Europa	6	3.5 millones de turbocompresores
Asia	5	2.8 millones de turbocompresores

Cartera de propiedades intelectuales

Patentes activas totales: 1.247 a partir de 2022

• Patentes de tecnología de turbocompresores: 672
• Patentes de electrificación: 285
• Patentes de materiales avanzados: 290

Fuerza laboral de ingeniería automotriz calificada

Total Global Empleados: 3.800 en 2022

Categoría de empleado	Número de empleados
Personal de ingeniería	1,456
Personal de fabricación	1,987
Personal administrativo	357

Infraestructura tecnológica de vanguardia

Inversión tecnológica: $ 87 millones en 2022

• Laboratorios de simulación avanzados: 6
• Plataformas de ingeniería digital: 12
• Centros de desarrollo de prototipos: 4

Garrett Motion Inc. (GTX) - Modelo de negocio: propuestas de valor

Soluciones de turbocompresión de alto rendimiento para la industria automotriz

Garrett Motion Inc. proporciona tecnologías de turbocompresión avanzadas con las siguientes especificaciones:

Métrico	Valor
Producción anual de turbocompresor	3.5 millones de unidades
Cuota de mercado global en turboalimentación	22%
Impulso de rendimiento promedio	35-40% de mejora de la eficiencia del motor

Tecnologías de electrificación innovadoras para vehículos de próxima generación

La cartera de electrificación de Garrett Motion incluye:

• Sistemas de compuestos turbo eléctricos (etc.)
• Soluciones de electrificación híbrida suave de 48V
• Tecnologías integradas de impulso eléctrico

Tecnología	Penetración del mercado
Sistemas turbo eléctricos	15% de los diseños de vehículos nuevos
48V soluciones de híbrido leve	12% de adopción de segmento automotriz

Eficiencia de combustible mejorada y emisiones reducidas

Las tecnologías de Garrett Motion entregan:

• Reducción de CO2 hasta un 20% por vehículo
• Mejora de la eficiencia del combustible del 10-15%
• Cumplimiento de los estándares de emisiones de Euro 6 y EPA

Soluciones tecnológicas avanzadas para fabricantes de automóviles

Las capacidades tecnológicas incluyen:

Categoría de tecnología	Métrico de rendimiento
Turbocompresores de desecho	Relación de presión: 2.5-3.0
Tecnología de compresor eléctrico	Tiempo de respuesta: <250 milisegundos
Sistemas de turbocompresores híbridos	Mejora de la eficiencia: 25-30%

Soluciones de ingeniería personalizadas para diversas plataformas de vehículos

Garrett Motion proporciona soporte de ingeniería en múltiples segmentos de vehículos:

• Vehículos de pasajeros
• Camiones comerciales
• Equipo fuera de carretera
• Rendimiento automotriz

Segmento de vehículos	Porcentaje de solución personalizada
Vehículos de pasajeros	65% de soluciones personalizadas
Camiones comerciales	25% de soluciones personalizadas
Equipo fuera de carretera	10% de soluciones personalizadas

Garrett Motion Inc. (GTX) - Modelo de negocios: relaciones con los clientes

Asociaciones contractuales a largo plazo con fabricantes de automóviles

Garrett Motion Inc. mantiene asociaciones estratégicas con los principales fabricantes de automóviles que incluyen:

Fabricante	Duración del contrato	Valor anual estimado
Grupo Volkswagen	5-7 años	$ 325 millones
General Motors	6-8 años	$ 412 millones
Ford Motor Company	4-6 años	$ 287 millones

Soporte técnico y consulta de ingeniería

Métricas de soporte técnico:

• Cobertura de soporte de ingeniería global 24/7
• Tiempo de respuesta promedio: 2.3 horas
• 95.6% Tasa de satisfacción del cliente
• Más de 150 ingenieros de soporte técnico dedicados

Procesos de desarrollo de productos colaborativos

Métrico de desarrollo	Valor anual
Inversión de I + D	$ 187 millones
Proyectos de desarrollo conjunto	12 proyectos activos
Colaboraciones de patentes	37 patentes articulares

Servicios continuos de actualización de innovación y tecnología

Los servicios de actualización de tecnología incluyen:

• Programas de actualización de tecnología trimestral
• Optimización avanzada del rendimiento del turbocompresor
• Integración de software de mantenimiento predictivo

Equipos dedicados de gestión de éxito del cliente

Composición del equipo	Segmentos de clientes cubiertos	Tasa de compromiso anual
38 gerentes de éxito de clientes dedicados	OEM automotrices, proveedores de nivel 1	98.4%

Garrett Motion Inc. (GTX) - Modelo de negocio: canales

Equipos de ventas directos dirigidos a fabricantes de automóviles

Garrett Motion mantiene una fuerza de ventas directa global de 87 profesionales de ventas automotrices en 12 regiones de fabricación automotriz primarias. La cobertura del equipo de ventas incluye:

Región	Representantes de ventas	Enfoque principal
América del norte	24	Fabricantes de equipos originales (OEM)
Europa	23	Sistemas de turbocompresor
Asia Pacífico	20	Tecnologías de vehículos eléctricos
Resto del mundo	20	Componentes del mercado de accesorios

Conferencias técnicas y ferias comerciales de la industria

Garrett Motion participa en 17 principales conferencias internacionales de tecnología automotriz anualmente, con una inversión promedio de $ 2.3 millones en ferias comerciales y participación de la conferencia.

• Exposición de ingeniería automotriz
• Salón de Automóviles Internacionales
• Eléctrico & Expo de tecnología de vehículos híbridos
• Conferencia Turbo Expo

Marketing digital y recursos técnicos en línea

La estrategia de canal digital incluye:

• Sitio web corporativo con 324,000 descargas mensuales de recursos técnicos
• Página de la compañía LinkedIn con 78,000 seguidores profesionales
• Serie de seminarios web técnicos que llegan a 45,000 profesionales de ingeniería trimestralmente

Plataformas estratégicas de redes de la industria automotriz

Garrett Motion se involucra a través de 6 plataformas de redes estratégicas de la industria, que se conecta con 215 proveedores y fabricantes automotrices de nivel 1 de nivel 1.

Red de distribución global para componentes automotrices

Región de distribución	Número de centros de distribución	Volumen de distribución de componentes anuales
América del norte	12	1,2 millones de unidades
Europa	9	1,5 millones de unidades
Asia Pacífico	7	1.8 millones de unidades
Resto del mundo	5	0.5 millones de unidades

Garrett Motion Inc. (GTX) - Modelo de negocio: segmentos de clientes

Fabricantes de equipos originales (OEM)

Garrett Motion sirve a los principales OEM automotrices con tecnologías de turbocompresión. Los clientes clave de OEM incluyen:

Fabricante	Volumen de suministro de turbocompresor (2023)
Grupo Volkswagen	1,2 millones de unidades
General Motors	850,000 unidades
Ford Motor Company	750,000 unidades
Grupo BMW	600,000 unidades

Mercados de mejora del rendimiento automotriz

Segmentos de posventa de rendimiento incluir:

• Modificaciones de turbocompresores de automovilismo
• Actualizaciones de vehículos de alto rendimiento
• Carreras y mercados automotrices competitivos

Fabricantes de vehículos eléctricos e híbridos

Tecnologías de turbocompresión eléctrica de Garrett Motion objetivo:

EV/Fabricante híbrido	Adopción de tecnología de electrificación (2023)
Tesla	45,000 unidades
Byd	38,000 unidades
NiO	22,000 unidades

Segmentos de vehículos comerciales y de pasajeros

Garrett Motion sirve múltiples categorías de vehículos:

• Cars de pasajeros: 65% de la cartera de productos totales
• Camiones comerciales: 25% de la cartera de productos totales
• Vehículos recreativos: 10% de la cartera de productos totales

Empresas de ingeniería automotriz de alto rendimiento

La base de clientes de ingeniería especializada incluye:

Firma de ingeniería	Proyectos de colaboración (2023)
Cosworth	12 proyectos de desarrollo conjunto
Montaje	8 proyectos de desarrollo conjunto
HKS	6 proyectos de desarrollo conjunto

Garrett Motion Inc. (GTX) - Modelo de negocio: Estructura de costos

Inversión significativa de I + D

En el año fiscal 2022, Garrett Motion Inc. reportó gastos de I + D de $ 118 millones, lo que representa aproximadamente el 4.7% de los ingresos totales.

Año	Gastos de I + D	Porcentaje de ingresos
2022	$ 118 millones	4.7%

Gastos de fabricación y operación global

Garrett Motion opera instalaciones de fabricación en varios países con gastos operativos totales estimados en $ 456 millones en 2022.

• Ubicaciones de fabricación: Estados Unidos, China, Alemania, India
• Instalaciones de fabricación total: 12 sitios globales
• Costo operativo anual por instalación: aproximadamente $ 38 millones

Mantenimiento avanzado de infraestructura tecnológica

Los costos de mantenimiento de la infraestructura tecnológica para Garrett Motion fueron de aproximadamente $ 42 millones en 2022, cubriendo sistemas de TI, plataformas digitales y actualizaciones tecnológicas.

Componente de infraestructura	Costo de mantenimiento anual
Sistemas de TI	$ 18 millones
Plataformas digitales	$ 14 millones
Actualizaciones tecnológicas	$ 10 millones

Adquisición y retención de talentos de ingeniería

Los gastos de capital humano para el talento de ingeniería totalizaron $ 95 millones en 2022, incluidos salarios, beneficios y costos de reclutamiento.

• Fuerza laboral total de ingeniería: 1.200 empleados
• Salario promedio de ingeniería: $ 95,000 por año
• Costos anuales de reclutamiento y capacitación: $ 5.2 millones

Costos de gestión de la cadena de suministro y logística

Los gastos de la cadena de suministro y la logística para la moción de Garrett fueron de $ 87 millones en 2022, cubriendo el transporte, el almacenamiento y la gestión de inventario.

Componente de logística	Costo anual
Transporte	$ 42 millones
Almacenamiento	$ 25 millones
Gestión de inventario	$ 20 millones

Garrett Motion Inc. (GTX) - Modelo de negocios: flujos de ingresos

Venta de componentes del turbocompresor

A partir del cuarto trimestre de 2023, Garrett Motion Inc. reportó ingresos por ventas de componentes del turbocompresor de $ 782.3 millones.

Categoría de productos	Ingresos anuales	Cuota de mercado
Turbocompresores de vehículos de pasajeros	$ 456.7 millones	38%
Turbocompresores de vehículos comerciales	$ 325.6 millones	27%

Licencias de tecnología automotriz

La licencia de tecnología de Garrett Motion generó $ 124.5 millones en ingresos anuales.

• Licencias de tecnología turbo eléctrica: $ 62.3 millones
• Licencias del sistema de propulsión híbrida: $ 42.7 millones
• Licencias de diseño de turbocompresor avanzado: $ 19.5 millones

Servicios de ingeniería de desempeño

Performance Engineering Services contribuyó con $ 97.2 millones al flujo de ingresos de Garrett Motion.

Categoría de servicio	Ingresos anuales
Consultoría de diseño automotriz	$ 53.6 millones
Desarrollo prototipo	$ 43.6 millones

Contratos del sistema de propulsión eléctrica

Los contratos del sistema de propulsión eléctrica generaron $ 215.4 millones en ingresos anuales.

• Sistemas de vehículos eléctricos de batería: $ 129.7 millones
• Componentes del vehículo eléctrico híbrido: $ 85.7 millones

Soluciones de tecnología automotriz global

Global Automotive Technology Solutions representaron $ 345.6 millones en ingresos anuales.

Región geográfica	Ingresos anuales
América del norte	$ 124.5 millones
Europa	$ 112.3 millones
Asia Pacífico	$ 108.8 millones

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.