Work Here?
Overview
PHINIA provides fuel systems and aftermarket automotive parts to improve engine efficiency and reduce emissions. Its Fuel Systems unit designs injectors, pumps, engine control modules and complete system solutions with software and calibration; its Aftermarket unit offers replacement parts, diagnostic equipment, and remanufactured products under brands like Delphi, Delco Remy, and Hartridge. The company differentiates itself through its BorgWarner spin-off structure, strong aftermarket brands, and heavy investment in research and development aimed at fuel efficiency and alternative fuels, including hydrogen, ethanol, and CNG, plus carbon-free combustion applications. PHINIA seeks steady growth by gaining share in a shrinking internal combustion engine market while building capabilities for low-emission propulsion.
About PHINIA
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Auburn Hills, Michigan
Founded
2023
Simplify's Take
What believers are saying
- Q1 2026 revenue grew 10.3% YoY to $878 million with strong margins.
- Gaining ICE market share as competitors exit combustion engine business.
- Alternative fuel contracts in India, China, and aerospace defense expanding.
What critics are saying
- Euro 7 enforcement 2027 forces OEMs to BEV, stranding $47M SEM investment.
- Battery-electric vans from Rivian and Ford dominate light commercial fleets.
- Bosch captures 20% Fuel Systems share with superior common rail efficiency.
What makes PHINIA unique
- Hydrogen combustion van with 99% CO₂ reduction meets Euro 7 standards.
- Diversified revenue from aftermarket, commercial vehicles, and aerospace fuel systems.
- SEM acquisition adds hydrogen ignition and alternative fuel system expertise.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$975M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Wellness Program
Stock Price
Company News
Phinia: Q1 earnings snapshot. * STATS Perform dba Automated Insights * Apr 30, 2026 AUBURN HILLS, Mich. (AP) - AUBURN HILLS, Mich. (AP) - Phinia Inc. (PHIN) on Thursday reported earnings of $37 million in its first quarter. On a per-share basis, the Auburn Hills, Michigan-based company said it had net income of 96 cents. Earnings, adjusted for one-time gains and costs, came to $1.29 per share. The maker of gas and diesel fuel systems posted revenue of $878 million in the period. Phinia expects full-year revenue in the range of $3.52 billion to $3.72 billion. For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.
As a leader in premium fuel systems, electrical systems, and aftermarket solutions, PHINIA, through its Delphi brand, is unveiling its very first Art Car at the Tutto Bene Hill Climb, taking place on September 10.
AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, has completed the acquisition of Swedish Electromagnet Invest AB (publ) (“SEM”), a century-old provider of advanced natural gas, hydrogen and other alternative fuel ignition systems, injector stators and linear position sensors for on- and off-highway commercial vehicle and industrial markets, as well as of ignition and fuel injection solutions for the
PHINIA will acquire all issued and outstanding shares of SEM for $47 million.
PHINIA appoints Mike Harvey as Senior Sales Manager - Warehouse Distributor Strategic Accounts.
PHINIA is Hiring for 65 Jobs on Simplify!
Find jobs on Simplify and start your career today
About PHINIA
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Auburn Hills, Michigan
Founded
2023
PHINIA is Hiring for 65 Jobs on Simplify!
Find jobs on Simplify and start your career today