Phinia Inc reported second-quarter 2026 net sales of $940 million, up 5.6% year-over-year, and announced the acquisition of The Stoba Group. Adjusted EBITDA reached $130 million with a margin of 13.8%, while adjusted earnings per share rose 20.5% to $1.53. The company returned $53 million to shareholders during the quarter and raised its full-year adjusted free cash flow guidance to between $210 million and $250 million. The Stoba acquisition is expected to add $80 million in third-party revenue and $25 million in EBITDA, expanding Phinia's presence in off-highway, industrial, and aerospace and defense markets.
PHINIA Inc.Record margins, raised guidance, and acquisition announced.
Acquired by Phinia, expected to add revenue and EBITDA.