Garrett Motion Inc. Files Q1 2025 10-Q
Ticker: GTX · Form: 10-Q · Filed: 2025-05-01T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, automotive-parts
TL;DR
Garrett Motion Q1 2025 10-Q filed. Financials updated.
AI Summary
Garrett Motion Inc. filed its 10-Q for the period ending March 31, 2025. The filing details the company's financial performance and position for the first quarter of 2025. Key financial data and operational updates are provided, reflecting the company's ongoing activities in the automotive parts and accessories sector.
Why It Matters
This filing provides investors and analysts with the latest financial snapshot of Garrett Motion Inc., crucial for understanding the company's performance and outlook in the automotive industry.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing financial updates and does not indicate any immediate or unusual risks.
Key Numbers
- 2025 Q1 — Reporting Period (First quarter of 2025 financial performance)
- 2025-03-31 — As of Date (End of the reporting period)
Key Players & Entities
- Garrett Motion Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250501 (date) — Filing date
- MOTOR VEHICLE PARTS & ACCESSORIES (industry) — Company's Standard Industrial Classification
FAQ
What is the primary purpose of this 10-Q filing?
The primary purpose of this 10-Q filing is to provide a comprehensive update on Garrett Motion Inc.'s financial performance and position for the quarterly period ended March 31, 2025.
What is the reporting period covered by this 10-Q?
This 10-Q filing covers the quarterly period ended March 31, 2025 (2025 Q1).
When was this 10-Q filed with the SEC?
This 10-Q was filed with the SEC on May 1, 2025.
What industry does Garrett Motion Inc. operate in?
Garrett Motion Inc. operates in the MOTOR VEHICLE PARTS & ACCESSORIES industry, as indicated by its Standard Industrial Classification code [3714].
What was the previous company name for Garrett Motion Inc.?
The former company name for Garrett Motion Inc. was Garrett Transportation Systems Inc., with a date of name change on March 27, 2018.
From the Filing
0001735707-25-000023.txt : 20250501 0001735707-25-000023.hdr.sgml : 20250501 20250501070812 ACCESSION NUMBER: 0001735707-25-000023 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 113 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250501 DATE AS OF CHANGE: 20250501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Garrett Motion Inc. CENTRAL INDEX KEY: 0001735707 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing EIN: 824873189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38636 FILM NUMBER: 25899372 BUSINESS ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 BUSINESS PHONE: 41-21-695-3000 MAIL ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 FORMER COMPANY: FORMER CONFORMED NAME: Garrett Transportation Systems Inc. DATE OF NAME CHANGE: 20180327 10-Q 1 gtx-20250331.htm 10-Q gtx-20250331 FALSE 2025 Q1 0001735707 12-31 1 1 http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent xbrli:shares iso4217:USD iso4217:USD xbrli:shares gtx:Segment xbrli:pure gtx:institution iso4217:EUR 0001735707 2025-01-01 2025-03-31 0001735707 dei:OtherAddressMember 2025-01-01 2025-03-31 0001735707 2025-04-25 0001735707 2024-01-01 2024-03-31 0001735707 2025-03-31 0001735707 2024-12-31 0001735707 2023-12-31 0001735707 2024-03-31 0001735707 us-gaap:CommonStockMember 2024-12-31 0001735707 us-gaap:TreasuryStockCommonMember 2024-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001735707 us-gaap:RetainedEarningsMember 2024-12-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001735707 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001735707 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0001735707 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001735707 us-gaap:CommonStockMember 2025-03-31 0001735707 us-gaap:TreasuryStockCommonMember 2025-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001735707 us-gaap:RetainedEarningsMember 2025-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001735707 us-gaap:CommonStockMember 2023-12-31 0001735707 us-gaap:TreasuryStockCommonMember 2023-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001735707 us-gaap:RetainedEarningsMember 2023-12-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001735707 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001735707 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001735707 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001735707 us-gaap:CommonStockMember 2024-03-31 0001735707 us-gaap:TreasuryStockCommonMember 2024-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001735707 us-gaap:RetainedEarningsMember 2024-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001735707 us-gaap:CostOfSalesMember gtx:ResearchAndDevelopmentOfNewProductCostsMember 2025-01-01 2025-03-31 0001735707 us-gaap:CostOfSalesMember gtx:ResearchAndDevelopme