Business
Q3 results for the quarter ended 30 September 2025
Aston Martin Lagonda Global Holdings PLC reported its third quarter results for the three months ended September 30, 2025, reflecting lower than expected wholesale volumes. Total wholesale volumes decreased by 13% to 1,430 vehicles, compared to 1,641 in Q3 2024. Revenue also declined by 27% to £285.2 million, down from £391.6 million in the same period last year. The adjusted EBIT was a loss of £50.6 million, a 133% decrease compared to a loss of £21.7 million in Q3 2024. The company has taken immediate actions to reduce FY25 capex to approximately £350 million and SG&A to approximately £275 million. Deliveries of Valhalla commenced in October 2025, and the company anticipates sequential improvement in Q4'25 financial performance. The future product cycle plan is under review, targeting a 5-year capex of approximately £1.7 billion, reduced from approximately £2 billion. Disclaimer*
About this update from Aston Martin Lagonda Global Holdings Plc
[{"type":"text","content":"\n\nAston Martin Lagonda Global Holdings plc\n(\"Aston Martin\", or \"AML\", or the \"Company\"; or the \"Group\")\nThird quarter results for the three months ended 30 September 2025\n \n· Q3'25 performance reflects previously announced lower than expected wholesale volumes\n· Valhalla deliveries commenced in October 2025\n· First deliveries of Valhalla, DBX S and Vantage S are expected to drive sequential improvement in Q4'25 financial performance\n· Immediate actions taken to further reduce FY25 capex to c. £350m and SG&A to c. £275m\n· Future product cycle plan under review targeting 5-year capex of c. £1.7bn reduced from c. £2bn and driving operating leverage through disciplined cost management\n· Continue to expect FY26 profitability and cash flow to materially improve compared with FY25\n\n\n\n\n£m\n\n\nYTD 2025\n\n\nYTD 2024\n\n\n% change\n\n\nQ3 2025\n\n\nQ3 2024\n\n\n% change\n\n\n\n\nTotal wholesale volumes1\n\n\n3,352\n\n\n3,639\n\n\n(8%)\n\n\n1,430\n\n\n1,641\n\n\n(13%)\n\n\n\n\nRevenue\n\n\n739.6\n\n\n994.6\n\n\n(26%)\n\n\n285.2\n\n\n391.6\n\n\n(27%)\n\n\n\n\nGross profit\n\n\n209.4\n\n\n376.9\n\n\n(44%)\n\n\n82.8\n\n\n144.0\n\n\n(43%)\n\n\n\n\nGross margin (%)\n\n\n28.3%\n\n\n37.9%\n\n\n(960 bps)\n\n\n29.0%\n\n\n36.8%\n\n\n(780 bps)\n\n\n\n\nAdjusted EBIT2\n\n\n(172.1)\n\n\n(121.5)\n\n\n(42%)\n\n\n(50.6)\n\n\n(21.7)\n\n\n(133%)\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nOperating loss\n\n\n(190.8)\n\n\n(132.8)\n\n\n(44%)\n\n\n(...