Garrett Motion Inc. (GTX): Business Model Canvas [Jan-2025 Mise à jour]

Dans le paysage technologique automobile en évolution rapide, Garrett Motion Inc. (GTX) émerge comme un innovateur pivot, transformant comment les fabricants abordent les solutions de turbocompresseur et d'électrification. Avec un modèle commercial stratégique qui pose l'ingénierie de pointe, les partenariats mondiaux et les capacités technologiques avancées, Garrett Motion redéfinit les performances et l'efficacité automobiles. Leur approche complète s'étend sur la conception de turbocompresseur, les systèmes de propulsion électrique et l'ingénierie de précision, positionnant l'entreprise à l'avant-garde de la transformation technologique automobile.

Garrett Motion Inc. (GTX) - Modèle d'entreprise: partenariats clés

Collaboration stratégique avec les constructeurs automobiles

Garrett Motion maintient des partenariats stratégiques avec les principaux constructeurs automobiles:

Fabricant	Détails du partenariat	Valeur du contrat estimé
Groupe Volkswagen	Turbocompresseur et technologie d'électrification	Contrat annuel de 375 millions de dollars
Ford Motor Company	Solutions d'électrification du groupe motopropulseur	Collaboration annuelle de 268 millions de dollars
Groupe BMW	Systèmes de turbocompresseur avancé	Contrat annuel de 212 millions de dollars

Fournisseurs de technologies automobiles de niveau 1

Les partenariats clés des fournisseurs de technologie comprennent:

• Bosch GmbH - intégration électronique du groupe motopropulseur
• Continental AG - Collaboration du système d'électrification
• Denso Corporation - Hybrid Powertrain Technologies

Partenariats de recherche et de développement

Université	Focus de recherche	Investissement annuel
Institut de technologie du Massachusetts	Recherche d'efficacité de la turbocompresseur	4,2 millions de dollars
Université technique de Munich	Technologies d'électrification	3,7 millions de dollars

Partenaires mondiaux de la chaîne d'approvisionnement

Le réseau mondial de la chaîne d'approvisionnement de Garrett Motion est:

• Amérique du Nord: 17 partenaires de fabrication stratégique
• Europe: 22 fournisseurs de composants critiques
• Asie: 15 partenaires d'ingénierie de précision

Investissement total de partenariat en 2023: 892 millions de dollars

Garrett Motion Inc. (GTX) - Modèle d'entreprise: activités clés

Conception et fabrication de turbocompresseurs pour les moteurs à combustion interne

Garrett Motion produit environ 4,5 millions de turbocompresseurs par an dans les installations de fabrication mondiales. La société exploite des sites de production en Chine, en Pologne, en Allemagne et aux États-Unis.

Métrique manufacturière	Volume annuel
Production de turbocompresseur	4,5 millions d'unités
Installations de fabrication mondiale	4 sites primaires
Pays manufacturiers	Chine, Pologne, Allemagne, États-Unis

Développement du système de propulsion des véhicules électriques et hybrides

Garrett Motion investit environ 180 millions de dollars par an en recherche et développement du système de propulsion électrique et hybride.

• Développement technologique électrique du turbocompresseur
• Ingénierie des composants électriques électrifiés
• Conception avancée du système de mobilité e-mail

Recherche et innovation de technologie automobile avancée

Catégorie de recherche	Investissement annuel
Dépenses de R&D	280 millions de dollars
Demandes de brevet	62 nouveaux brevets
Personnel d'ingénierie	1 200 ingénieurs spécialisés

Ingénierie de précision des composants de performance automobile

Garrett Motion maintient ISO / TS 16949 Certification pour la gestion de la qualité automobile, avec des tolérances de fabrication de précision à 0,01 mm.

• Simulation avancée de dynamique du liquide de calcul
• Capacités d'usinage de haute précision
• Conception et ingénierie assistée par ordinateur

Garrett Motion Inc. (GTX) - Modèle d'entreprise: Ressources clés

Ingénierie avancée et capacités de R&D

Investissement en R&D: 103 millions de dollars en 2022

Emplacement de R&D	Nombre d'ingénieurs
États-Unis	287
Europe	214
Asie	162

Installations de fabrication spécialisées dans le monde

Emplacements de fabrication totaux: 15 installations mondiales

Région	Nombre d'installations	Capacité de production annuelle
Amérique du Nord	4	2,1 millions de turbocompresseurs
Europe	6	3,5 millions de turbocompresseurs
Asie	5	2,8 millions de turbocompresseurs

Portefeuille de propriété intellectuelle

Brevets actifs totaux: 1 247 en 2022

• Brevets technologiques de turbocompresseur: 672
• Brevets d'électrification: 285
• Brevets de matériaux avancés: 290

Travail d'ingénierie automobile qualifiée

Total des employés mondiaux: 3 800 en 2022

Catégorie des employés	Nombre d'employés
Personnel d'ingénierie	1,456
Personnel de fabrication	1,987
Personnel administratif	357

Infrastructure technologique de pointe

Investissement technologique: 87 millions de dollars en 2022

• Labs de simulation avancés: 6
• Plateformes d'ingénierie numérique: 12
• Centres de développement de prototypes: 4

Garrett Motion Inc. (GTX) - Modèle d'entreprise: propositions de valeur

Solutions de turbocompresseur haute performance pour l'industrie automobile

Garrett Motion Inc. fournit des technologies de turbocompresseur avancées avec les spécifications suivantes:

Métrique	Valeur
Production annuelle de turbocompresseur	3,5 millions d'unités
Part de marché mondial en turbocompresseur	22%
Boost de performance moyen	35 à 40% d'amélioration de l'efficacité du moteur

Technologies d'électrification innovantes pour les véhicules de nouvelle génération

Le portefeuille d'électrification de Garrett Motion comprend:

• Systèmes de composition turbo électrique (etc.)
• 48 V Solutions d'électrification hybride légère
• Technologies de stimulation électrique intégrée

Technologie	Pénétration du marché
Systèmes turbo électriques	15% des nouveaux conceptions de véhicules
48 V solutions hybrides légères	Adoption de 12% des segments automobiles

Amélioration des rendements énergétiques et réduction des émissions

Les technologies de Garrett Motion livrent:

• Réduction du CO2 jusqu'à 20% par véhicule
• Amélioration de l'efficacité énergétique de 10 à 15%
• Conformité aux normes des émissions Euro 6 et EPA

Solutions technologiques avancées pour les constructeurs automobiles

Les capacités technologiques comprennent:

Catégorie de technologie	Métrique de performance
Gaspilleurs turbocompresseurs	Ratio de pression: 2,5-3,0
Technologie du compresseur électrique	Temps de réponse: <250 millisecondes
Systèmes de turbocompresseur hybride	Amélioration de l'efficacité: 25-30%

Solutions d'ingénierie personnalisées pour diverses plates-formes de véhicules

Garrett Motion fournit un support d'ingénierie sur plusieurs segments de véhicules:

• Véhicules de tourisme
• Camions commerciaux
• Équipement hors route
• Performance Automotive

Segment de véhicule	Pourcentage de solution personnalisée
Véhicules de tourisme	65% de solutions personnalisées
Camions commerciaux	25% de solutions personnalisées
Équipement hors route	Solutions personnalisées à 10%

Garrett Motion Inc. (GTX) - Modèle d'entreprise: relations avec les clients

Partenariats contractuels à long terme avec les constructeurs automobiles

Garrett Motion Inc. maintient des partenariats stratégiques avec les principaux constructeurs automobiles, notamment:

Fabricant	Durée du contrat	Valeur annuelle estimée
Groupe Volkswagen	5-7 ans	325 millions de dollars
General Motors	6-8 ans	412 millions de dollars
Ford Motor Company	4-6 ans	287 millions de dollars

Support technique et consultation d'ingénierie

Métriques de support technique:

• Couverture d'assistance mondiale 24/7 d'ingénierie mondiale
• Temps de réponse moyen: 2,3 heures
• Taux de satisfaction du client de 95,6%
• Plus de 150 ingénieurs de support technique dédiés

Processus de développement de produits collaboratifs

Métrique de développement	Valeur annuelle
Investissement en R&D	187 millions de dollars
Projets de développement conjoints	12 projets actifs
Collaborations brevetées	37 brevets conjoints

Services continues de mise à niveau de l'innovation et de la technologie

Les services de mise à niveau technologique comprennent:

• Programmes de rafraîchissement des technologies trimestrielles
• Optimisation avancée des performances du turbocompresseur
• Intégration du logiciel de maintenance prédictive

Équipes de gestion de la réussite des clients dédiés

Composition de l'équipe	Segments de clientèle couverts	Taux d'engagement annuel
38 gestionnaires de réussite des clients dédiés	OEM automobile, fournisseurs de niveau 1	98.4%

Garrett Motion Inc. (GTX) - Modèle d'entreprise: canaux

Équipes de vente directes ciblant les constructeurs automobiles

Garrett Motion maintient une force de vente directe mondiale de 87 professionnels de la vente automobile dans 12 régions de fabrication automobile primaires. La couverture de l'équipe de vente comprend:

Région	Représentants des ventes	Focus principal
Amérique du Nord	24	Fabricants d'équipements d'origine (OEM)
Europe	23	Systèmes de turbocompresseur
Asie-Pacifique	20	Technologies de véhicules électriques
Reste du monde	20	Composants du marché secondaire

Conférences techniques et salons commerciaux de l'industrie

Garrett Motion participe à 17 grandes conférences internationales de technologies automobiles chaque année, avec un investissement moyen de 2,3 millions de dollars dans les salons commerciaux et l'engagement de la conférence.

• Exposition d'ingénierie automobile
• Salon automobile international
• Électrique & Exposition de technologies de véhicules hybrides
• Turbo Expo Conference

Marketing numérique et ressources techniques en ligne

La stratégie de canal numérique comprend:

• Site Web d'entreprise avec 324 000 téléchargements de ressources techniques mensuelles
• Page de l'entreprise LinkedIn à 78 000 abonnés professionnels
• Série de webinaires techniques atteignant 45 000 professionnels de l'ingénierie trimestriellement

Plateformes de réseautage de l'industrie automobile stratégique

Garrett Motion s'engage à travers 6 plates-formes de réseautage de l'industrie stratégique, se connectant à 215 fournisseurs et fabricants automobiles de niveau 1.

Réseau de distribution mondial pour les composants automobiles

Région de distribution	Nombre de centres de distribution	Volume annuel de distribution des composants
Amérique du Nord	12	1,2 million d'unités
Europe	9	1,5 million d'unités
Asie-Pacifique	7	1,8 million d'unités
Reste du monde	5	0,5 million d'unités

Garrett Motion Inc. (GTX) - Modèle d'entreprise: segments de clientèle

Fabricants d'équipements d'origine (OEM)

Garrett Motion dessert les principaux OEM automobiles avec des technologies de turbocompresseur. Les clients clés OEM comprennent:

Fabricant	Volume d'approvisionnement du turbocompresseur (2023)
Groupe Volkswagen	1,2 million d'unités
General Motors	850 000 unités
Ford Motor Company	750 000 unités
Groupe BMW	600 000 unités

Marchés d'amélioration des performances automobiles

Segments de rechange de performance inclure:

• Modifications du turbocompresseur du sport automobile
• Mises à niveau des véhicules hautes performances
• Racing et marchés automobiles compétitifs

Fabricants de véhicules électriques et hybrides

Target des technologies de turbocompression électrique de Garrett Motion:

Fabricant EV / hybride	Adoption des technologies d'électrification (2023)
Tesla	45 000 unités
Byd	38 000 unités
Nio	22 000 unités

Segments commerciaux et de véhicules de passagers

Garrett Motion dessert plusieurs catégories de véhicules:

• Voitures de tourisme: 65% du portefeuille total de produits
• Camions commerciaux: 25% du portefeuille total de produits
• Véhicules récréatifs: 10% du portefeuille total de produits

Entreprises de génie automobile haute performance

La clientèle d'ingénierie spécialisée comprend:

Entreprise d'ingénierie	Projets collaboratifs (2023)
Cosworth	12 projets de développement conjoints
Mountune	8 projets de développement conjoints
Hks	6 projets de développement conjoints

Garrett Motion Inc. (GTX) - Modèle d'entreprise: Structure des coûts

Investissement de R&D significatif

Au cours de l'exercice 2022, Garrett Motion Inc. a déclaré des dépenses de R&D de 118 millions de dollars, ce qui représente environ 4,7% des revenus totaux.

Année	Dépenses de R&D	Pourcentage de revenus
2022	118 millions de dollars	4.7%

Frais de fabrication mondiale et opérationnels

Garrett Motion exploite des installations de fabrication dans plusieurs pays avec des dépenses opérationnelles totales estimées à 456 millions de dollars en 2022.

• Emplacements de fabrication: États-Unis, Chine, Allemagne, Inde
• Installations de fabrication totale: 12 sites mondiaux
• Coût opérationnel annuel par installation: environ 38 millions de dollars

Maintenance avancée des infrastructures technologiques

Les coûts de maintenance des infrastructures technologiques pour Garrett Motion étaient d'environ 42 millions de dollars en 2022, couvrant les systèmes informatiques, les plates-formes numériques et les mises à niveau technologiques.

Composant d'infrastructure	Coût de maintenance annuel
Systèmes informatiques	18 millions de dollars
Plates-formes numériques	14 millions de dollars
Mises à niveau technologiques	10 millions de dollars

Acquisition et rétention des talents d'ingénierie

Les dépenses de capital humain pour les talents d'ingénierie ont totalisé 95 millions de dollars en 2022, y compris les salaires, les avantages sociaux et les frais de recrutement.

• Total du travail d'ingénierie: 1 200 employés
• Salaire d'ingénierie moyen: 95 000 $ par an
• Coûts annuels de recrutement et de formation: 5,2 millions de dollars

Coûts de gestion de la chaîne d'approvisionnement et de la logistique

Les frais de chaîne d'approvisionnement et de logistique pour Garrett Motion se sont élevés à 87 millions de dollars en 2022, couvrant le transport, l'entreposage et la gestion des stocks.

Composant logistique	Coût annuel
Transport	42 millions de dollars
Entrepôts	25 millions de dollars
Gestion des stocks	20 millions de dollars

Garrett Motion Inc. (GTX) - Modèle d'entreprise: Strots de revenus

Ventes de composants de turbocompresseur

Au quatrième trimestre 2023, Garrett Motion Inc. a déclaré un chiffre d'affaires de composants de turbocompresseur de 782,3 millions de dollars.

Catégorie de produits	Revenus annuels	Part de marché
Turbocompresseur de véhicules de tourisme	456,7 millions de dollars	38%
Turbocompresseurs de véhicules commerciaux	325,6 millions de dollars	27%

Licence de technologie automobile

Les licences technologiques de Garrett Motion ont généré 124,5 millions de dollars de revenus annuels.

• Licence de technologie de turbo électrique: 62,3 millions de dollars
• Licence du système de propulsion hybride: 42,7 millions de dollars
• Advanced Turbocharger Design Licensing: 19,5 millions de dollars

Services d'ingénierie de performance

Les services d'ingénierie des performances ont contribué 97,2 millions de dollars à la source de revenus de Garrett Motion.

Catégorie de service	Revenus annuels
Conseil de conception automobile	53,6 millions de dollars
Développement de prototypes	43,6 millions de dollars

Contrats du système de propulsion électrique

Les contrats du système de propulsion électrique ont généré 215,4 millions de dollars de revenus annuels.

• Systèmes de véhicules électriques de batterie: 129,7 millions de dollars
• Composants de véhicules électriques hybrides: 85,7 millions de dollars

Solutions technologiques automobiles mondiales

Global Automotive Technology Solutions a représenté 345,6 millions de dollars de revenus annuels.

Région géographique	Revenus annuels
Amérique du Nord	124,5 millions de dollars
Europe	112,3 millions de dollars
Asie-Pacifique	108,8 millions de dollars

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.