BorgWarner Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of BorgWarner Inc (BWA). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Turbos & Thermal Technologies | – | – | $5.46B 42.9% | $6.01B 42.3% · +10.1% | $5.89B 41.8% · -2.0% | $5.77B 40.3% · -2.0% |
| Drivetrain & Morse Systems | – | – | $5.03B 39.5% | $5.54B 39.0% · +10.2% | $5.56B 39.5% · +0.4% | $5.64B 39.4% · +1.3% |
| PowerDrive Systems | – | – | $1.91B 15.0% | $2.10B 14.8% · +10.3% | $1.91B 13.5% · -9.2% | $2.32B 16.2% · +21.7% |
| Battery & Charging Systems | – | – | $335.0M 2.6% | $546.0M 3.8% · +63.0% | $729.0M 5.2% · +33.5% | $590.0M 4.1% · -19.1% |
| Air Management | $5.50B 54.1% | $6.76B 57.3% · +23.0% | – | – | – | – |
| e-Propulsion & Drivetrain | $3.65B 35.9% | – | – | – | – | – |
| Fuel Systems | $537.0M 5.3% | – | – | – | – | – |
| Aftermarket | $484.0M 4.8% | – | – | – | – | – |
| Drivetrain & Battery Systems | – | $3.66B 31.0% | – | – | – | – |
| ePropulsion | – | $1.38B 11.7% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Turbos & Thermal Technologies | – | – | $783.0M 14.4% | – | – | – |
| Drivetrain & Morse Systems | – | – | $783.0M 15.6% | – | – | – |
| PowerDrive Systems | – | – | -$88.0M -4.6% | – | – | – |
| Battery & Charging Systems | – | – | -$44.0M -13.1% | – | – | – |
| Air Management | – | – | – | – | – | – |
| e-Propulsion & Drivetrain | – | – | – | – | – | – |
| Fuel Systems | – | – | – | – | – | – |
| Aftermarket | – | – | – | – | – | – |
| Drivetrain & Battery Systems | – | – | – | – | – | – |
| ePropulsion | – | – | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by product line
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Foundational products | $11.06B 93.7% | $11.16B 88.3% · +0.9% | $12.16B 85.7% · +8.9% | $11.75B 83.4% · -3.4% | $11.75B 82.0% · +0.0% |
| eProducts | $742.0M 6.3% | $1.47B 11.7% · +98.4% | $2.04B 14.3% · +38.4% | $2.34B 16.6% · +14.6% | $2.57B 18.0% · +10.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 10, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.