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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›PHIN›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

PHINIA INC. (PHIN) financials

Income statement

PHINIA INC. (PHIN) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$3.23B$3.35B$3.50B$3.40B$3.48B
Revenue growth—3.7%4.5%-2.8%2.4%
Gross profit$676M$721M$724M$756M$762M
Gross margin20.9%21.5%20.7%22.2%21.9%
Operating income$174M$318M$241M$259M$254M
Operating margin5.4%9.5%6.9%7.6%7.3%
Net income$152M$262M$102M$79.0M$130M
Net margin4.7%7.8%2.9%2.3%3.7%
EPS (diluted)$3.23$5.57$2.17$1.76$3.24

Cash flow

PHINIA INC. (PHIN) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow$147M$303M$250M$308M$312M
Capital expenditures$146M$107M$150M$105M$124M
Free cash flow$1.00M$196M$100M$203M$188M
Share buybacks—$0.00$24.0M——
Dividends paid——$23.0M$44.0M$42.0M

Balance sheet

PHINIA INC. (PHIN) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$259M$251M$365M$484M$359M
Total assets$4.18B$4.07B$4.04B$3.77B$3.82B
Total liabilities—$2.43B$2.15B$2.19B$2.23B
Long-term debt—$26.0M$709M$963M$967M
Shareholders' equity$1.71B$1.64B$1.89B$1.57B$1.59B
Retained earnings——$9.00M$44.0M$132M
Shares (wtd avg diluted)47.0M47.0M47.0M44.8M40.1M

Every figure is extracted from PHINIA INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is PHINIA INC.'s annual revenue?
PHINIA INC. (PHIN) reported $3.48B of revenue for fiscal year 2025 — up 2.4% from $3.40B in FY2024, per its annual report filed with the SEC.
Is PHINIA INC. profitable?
Yes — PHIN earned $130M of net income in FY2025, a 3.7% net margin, per SEC filings.
What is PHINIA INC.'s free cash flow?
$188M in FY2025 (operating cash flow $312M minus $124M of capital expenditures), from the SEC cash-flow statement.
Does PHIN pay a dividend?
Yes — PHINIA INC. paid $42.0M in cash dividends during FY2025, per its SEC cash-flow statement.
Full PHIN analysis — verdict, score & filings →Is PHIN a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.