Volkswagen Ag · XETR:VOW
Volkswagen — 9M 2026 Earnings Presentation
14 slides from Volkswagen's earnings presentation, Oct 13, 2026
Slide 1: Volkswagen AG 9M/Q3 2026 Pre-Close Call
Volkswagen AG 9M/Q3 2026 Pre-Close Call October 13, 2026
Slide 2: Disclaimer
Disclaimer The following presentations as well as remarks/comments and explanations in this context contain forward-looking statements on the business development of the Volkswagen Group. These statements are based on assumptions relating to the development of the economic, political and legal envir
Slide 3: Volkswagen AG Pre-Close Call Guidelines
Volkswagen AG Pre-Close Call Guidelines > Camera Off – we disabled the function for all > This call is addressed exclusively at investors participants and sell-side analysts. We thus reserve the right to exclude participants from the call who > Raise Hands – to raise a question, please use the are n
Slide 4: Group Deliveries
Volkswagen Group Deliveries 9M deliveries below prior-year period due to significantly lower China volumes, flat excl. China 950 Deliveries [‘000 units / per month] 2025 2026 850 750 650 550 450 01 02 03 04 05 06 07 08 09 10 11 12 9M deliveries at 6.0m units; BEV deliveries down 5% Global market dow
Slide 5: Group Order Situation
Volkswagen Group Order Situation European1 order book up 4% year-to-date, order book reach at ~3 months Order book Order intake [k vehicles] [k vehicles] Order intake up by 4% year- to-date 2026, supported by +4% continued product momentum 2,912 3,025 Order book shifting towards BEVs as BEV order ar
Slide 6: BEVs accounting for ~40% of the European order book
BEVs accounting for ~40% of the European order book Share almost doubled since 2024 BEV share in European order book [% of total order book] BEV share strongly up to 40% as per September 2026, up 40% 18 percentage points since year-end 2025 BEV order momentum supported in particular by the Electric
Slide 7: Deliveries by Region, Q3/2026
Deliveries by Region, Q3/2026 Deliveries below prior-year levels in key regions, China significantly lower in weak market Europe1 North America -2.3% China 9M: +1.7% -5.8% 9M: -4.0% -38.5% 9M: -30.2% Q3 2025 Q3 2026 Q3 2025 Q3 2026 World Q3 2025 Q3 2026 South America -14.3% 9M: -9.0% -2.4% 9M: +4.3%
Slide 8: Group Deliveries by Brand Group, Q3 2026
Volkswagen Group Deliveries by Brand Group, Q3 2026 Brand Group Core holding up well in challenging markets, Premium lower y-o-y Core Progressive Sport Luxury Trucks -14% (9M: -9%) -20% (9M: -11%) -15% +10% (9M: -16%) (9M: +3%) Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 excl. Ch
Slide 9: Additional factors to be considered for Q3 results
Additional factors to be considered for Q3 results € 10bn special effects Recap Portfolio GTP 2030 in FY2026 Measures in Q3 in implementation ~€ 9bn in H2 2026, o/w ~€ 8bn in Q3 Supervisory Board ~€ 6bn approves Group Target ~€ 1bn cash inflow (~€ 0.75 net of pensions) Picture 2030 of non-cash Porsc
Slide 10: Financial Outlook on Full Year 2026
Financial Outlook on Full Year 2026 as updated on 18 September 2026 FY 2025 Outlook FY 2026 Sales Revenue € 321.9bn around € 315bn Operating Profit Margin 2.8% up to 1% Automotive Investment Ratio1 11.8% 11% to 12% Automotive Reported Net Cash Flow € 6.4bn € 3bn to € 6bn Automotive Net Liquidity € 3
Slide 11: Current External Consensus View
Current External Consensus View Sept 18 ad-hoc not yet fully reflected in external consensus (esp. non-cash items) Q3 2026 9M 26 (implied) FY 2026 ONLY NEW ESTIMATES ONLY NEW ESTIMATES ALL EST | ONLY NEW ESTIMATES Sales Revenue € 77.6bn (6) € 235.7bn (6) € 317.4bn (13) | € 315.3bn (7) Operating Prof
Slide 12: Upcoming Events
Upcoming Events Volkswagen Group 9M 2026 Results with CFO & COO Arno Antlitz on October 29, 2026 12
Slide 13: VOLKSWAGEN GROUP
VOLKSWAGEN GROUP
Slide 14: Range / consumptions / emissions
Range / consumptions / emissions Fuel consumption Electrical consumption CO2 emissions Electric range Model combined (WLTP) combined (WLTP) combined (WLTP) combined (WLTP) Volkswagen ID. Tiguan (220 kW) n/a 17.2 – 15.7 kWh/100km n/a Up to 600km Mission Efficiency Pre-production prototype. The vehicl