Schaeffler : Financial Figures Q1 2026

About this update from Schaeffler Ag

Schaeffler Financial Figures Q1 2026 Group p. 2 E-Mobility p. 3 Powertrain & Chassis p. 4 Vehicle Lifetime Solutions p. 5 Bearings & Industrial Solutions p. 6 Others p. 7 Balance sheet p. 8 - 9 Cash flow statement p. 10 For a full set of financial figures please refer to the current Interm statement/Annual Report of the Schaeffler AG. as of May 5, 2026 Group 2025 2026 in EUR mn Q1 Q2 Q3 Q4 FY Q1 Sales 5,924 5,922 5,826 5,820 23,492 5,764 Cost of Sales -4,651 -4,784 -4,749 -4,985 -19,170 -4,530 Gross Profit 1,272 1,138 1,077 835 4,321 1,234 Gross Profit margin 21.5% 19.2% 18.5% 14.3% 18.4% 21.4% Gross Profit bsi 1,2 1,283 1,158 1,224 1,139 4,804 1,243 Gross Profit margin bsi 1,2 21.7% 19.6% 21.0% 19.6% 20.4% 21.6% Research and development expenses -435 -389 -390 -368 -1,582 -393 R&D ratio -7.3% -6.6% -6.7% -6.3% -6.7% -6.8% Selling expenses -340 -337 -360 -354 -1,391 -334 Administrative expenses -219 -261 -283 -312 -1,075 -261 Overhead expenses -994 -987 -1,033 -1,033 -4,047 -988 Other Income/Expenses -16 15 -67 88 19 23 EBIT 263 166 -23 -111 295 270 Special EBIT Items 14 39 288 300 640 15 EBIT bsi 2 276 205 264 190 936 285 EBIT bsi 2 margin 4.7% 3.5% 4.5% 3.3% 4.0% 5.0% Financial result -77 -96 -98 -44 -315 -105 Income taxes -95 -104 -159 -14 -372 -98 Net income 3 83 -40 -287 -180 -424 60 FCF before M&A -155 27 175 219 266 -209 Sales by region Europe 2,749 2,786 2,668 2,700 10,904 2,768 Americas 1,366 1,337 1,347 1,272 5,322 1,271 Greater China 994 978 1,004 1,063 4,040 935 Asia/Pacific 814 821 806 785 3,226 789 1 Not included in the Interim Statement or the Annual Report 2 bsi = before special items | 3 Attributable to shareholders of the parent company 2025 2026 in EUR mn Q1 Q2 Q3 Q4 FY Q1 Sales 1,167 1,238 1,277 1,301 4,983 1,210 Cost of Sales -1,144 -1,184 -1,220 -1,332 -4,879 -1,167 Gross Profit 23 53 58 -31 103 43 Gross Profit margin 2.0% 4.3% 4.5% -2.4% 2.1% 3.5% Gross Profit bsi 1,2 25 56 85 109 274 47 Gross Profit margin bsi 1,2 2.2% 4.5% 6.6% 8.4% 5.5% 3.9% Research and development expenses -205 -157 -174 -162 -698 -180 R&D ratio -17.6% -12.7% -13.6% -12.4% -14.0% -14.9% Selling expenses -33 -33 -42 -36 -143 -30 Administrative expenses -55 -65 -71 -80 -271 -66 Overhead expenses -293 -255 -286 -278 -1,113 -277 Other Income/Expenses 3 6 -6 50 54 16 EBIT -267 -195 -235 -258 -955 -219 Special EBIT Items -2 2 44 102 145 3 EBIT bsi 2 -269 -194 -191 -156 -810 -215 EBIT bsi 2 margin -23.1% -15.6% -15.0% -12.0% -16.3% -17.8% Sales by business division Electric Drives 346 381 387 422 1,536 335 Controls 644 680 695 680 2,699 708 Mechatronics & Modules 177 177 195 200 748 166 Sales by region Europe 619 631 651 663 2,565 666 Americas 191 218 218 192 820 174 Greater China 172 177 186 233 768 148 Asia/Pacific 184 211 222 212 830 222 2025 2026 in EUR mn Q1 Q2 Q3 Q4 FY Q1 Sales 2,278 2,223 2,172 2,136 8,808 2,141 Cost of Sales -1,693 -1,708 -1,694 -1,801 -6,896 -1,617 Gross Profit 585 515 477 334 1,912 524 Gross Profit margin 25.7% 23.2% 22.0% 15.6% 21.7% 24.5% Gross Profit bsi 1,2 588 518 520 451 2,077 524 Gross Profit margin bsi 1,2 25.8% 23.8% 24.0% 21.1% 23.6% 24.5% Research and development expenses -146 -133 -133 -122 -535 -124 R&D ratio -6.4% -6.0% -6.1% -5.7% -6.1% -5.8% Selling expenses -75 -72 -78 -75 -299 -71 Administrative expenses -68 -83 -90 -94 -334 -83 Overhead expenses -289 -289 -300 -291 -1,168 -278 Other Income/Expenses -11 6 -24 34 5 -5 EBIT 285 233 153 78 750 242 Special EBIT Items 5 -3 94 108 204 4 EBIT bsi 2 290 230 247 187 953 246 EBIT bsi 2 margin 12.7% 10.3% 11.4% 8.7% 10.8% 11.5% Sales by business division Engine and Transmission Systems 1,242 1,175 1,195 1,180 4,792 1,204 Powertrain Solutions 903 915 854 818 3,490 815 Chassis Systems 133 133 123 137 526 122 Sales by region Europe 899 914 849 822 3,484 879 Americas 658 626 634 597 2,514 608 Greater China 410 382 401 445 1,637 370 Asia/Pacific 312 302 289 271 1,173 284 2025 2026 in EUR mn Q1 Q2 Q3 Q4 FY Q1 Sales 813 808 769 765 3,156 801 Cost of Sales -554 -563 -537 -527 -2,181 -542 Gross Profit 259 245 232 238 974 259 Gross Profit margin 31.9% 30.3% 30.1% 31.1% 30.9% 32.4% Gross Profit bsi 1,2 261 247 248 246 1,002 260 Gross Profit margin bsi 1,2 32.1% 30.6% 32.3% 32.2% 31.8% 32.4% Research and development expenses -12 -8 -11 -11 -42 -11 R&D ratio -1.5% -1.0% -1.4% -1.4% -1.3% -1.4% Selling expenses -85 -85 -88 -90 -348 -86 Administrative expenses -34 -41 -45 -50 -170 -41 Overhead expenses -131 -134 -145 -151 -561 -138 Other Income/Expenses -1 1 -5 7 2 5 EBIT 127 113 82 94 415 126 Special EBIT Items -1 1 32 10 42 2 EBIT bsi 2 126 113 115 104 457 128 EBIT bsi 2 margin 15.5% 14.0% 14.9% 13.6% 14.5% 15.9% Sales by business division Repair & Maintenance Solutions 541 538 498 511 2,088 537 Specialty Business 231 229 234 212 904 218 Platform Business 41 42 38 42 163 46 Sales by region Europe 534 535 500 497 2,066 525 Americas 168 162 163 162 655 159 Greater China 52 49 48 48 198 58 Asia/Pacific 59 61 58 59 236 59 Bearings & Industrial Solutions 2025 2026 in EUR mn Q1 Q2 Q3 Q4 FY Q1 Sales 1,625 1,612 1,569 1,555 6,360 1,573 Cost of Sales -1,208 -1,270 -1,247 -1,233 -4,958 -1,167 Gross Profit 417 342 322 322 1,402 406 Gross Profit margin 25.7% 21.2% 20.5% 20.7% 22.0% 25.8% Gross Profit bsi 1,2 425 355 384 354 1,517 408 Gross Profit margin bsi 1,2 26.1% 22.0% 24.5% 22.7% 23.9% 26.0% Research and development expenses -62 -60 -64 -60 -246 -64 R&D ratio -3.8% -3.7% -4.1% -3.9% -3.9% -4.1% Selling expenses -143 -143 -149 -149 -584 -144 Administrative expenses -55 -67 -72 -78 -271 -68 Overhead expenses -260 -270 -285 -287 -1,100 -275 Other Income/Expenses -7 1 -2 -10 -18 8 EBIT 151 74 35 24 284 139 Special EBIT Items 12 15 87 66 180 3 EBIT bsi 2 162 89 122 90 463 142 EBIT bsi 2 margin 10.0% 5.5% 7.8% 5.8% 7.3% 9.0% Sales by business division Industrial Bearings 782 797 766 748 3,093 775 Automotive Bearings 645 627 626 624 2,522 605 Linear Motion 108 100 95 97 400 96 Aerospace Bearings 89 88 82 86 346 96 Sales by region Europe 680 682 646 667 2,676 676 Americas 348 329 330 314 1,321 329 Greater China 350 365 363 335 1,413 350 Asia/Pacific 247 236 230 239 951 218 1 Not included in the Interim Statement or the Annual Report 2 bsi = before special items Others 2025 2026 in EUR mn Q1 Q2 Q3 Q4 FY Q1 Sales 41 40 40 64 185 39 Cost of Sales -53 -59 -51 -92 -255 -38 Gross Profit -12 -18 -11 -29 -70 1 Gross Profit margin -29.3% -45.4% -28.5% -44.7% -37.9% 3.5% Gross Profit bsi 1,2 -16 -17 -13 -21 -67 5 Gross Profit margin bsi 1,2 -38.6% -43.1% -32.5% -32.2% -36.1% 11.6% Research and development expenses -9 -31 -9 -12 -61 -14 R&D ratio -22.9% -76.1% -21.6% -19.5% -33.0% -35.8% Selling expenses -4 -4 -4 -4 -16 -2 Administrative expenses -8 -5 -5 -10 -28 -4 Overhead expenses -21 -40 -18 -27 -105 -19 Other Income/Expenses 0 0 -30 7 -23 0 EBIT -33 -58 -59 -49 -198 -19 Special EBIT Items 0 25 31 14 70 3 EBIT bsi 2 -32 -33 -28 -35 -128 -15 EBIT bsi 2 margin -79.0% -82.5% -70.0% -54.7% -69.4% -39.8% 1 Not included in the Interim Statement or the Annual Report 2 bsi = before special items Balance Sheet 2025 2026 in EUR mn Q1 Q2 Q3 FY Q1 ASSETS Intangible assets 2,373 2,331 2,143 1,999 1,996 Right of Use Assets 484 489 472 479 490 Property, plant and equipment 6,496 6,237 6,158 6,154 6,052 Investments in equity-accounted investees 18 18 18 26 24 Contract cost assets 603 579 576 536 540 Contract assets 6 6 7 8 9 Other financial assets 330 298 299 310 243 Other assets 159 162 136 183 168 Income tax receivables 73 72 73 8 9 Deferred tax assets 766 704 672 699 708 Total non-current assets 11,306 10,895 10,555 10,402 10,238 Inventories 3,703 3,590 3,634 3,503 3,715 Contract assets 137 135 168 144 120 Trade receivables 4,117 3,955 3,920 3,671 4,099 Other financial assets 204 250 216 205 225 Other assets 529 531 486 471 545 Income tax receivables 98 112 120 224 230 Cash and cash equivalents 1,087 2,027 2,184 2,371 2,166 Assets held for sale 23 17 41 38 16 Total current assets 9,897 10,617 10,769 10,626 11,117 Total assets 21,204 21,513 21,323 21,028 21,355 Balance Sheet 2025 2026 in EUR mn Q1 Q2 Q3 FY Q1 SHAREHOLDERS' EQUITY AND LIABILITIES Share capital 945 945 945 945 945 Retained earnings 3,388 3,111 2,824 2,644 2,704 Accumulated other comprehensive income (loss) -401 -820 -789 -687 -666 Equity attributable to shareholders of the parent company 3,931 3,236 2,980 2,902 2,983 Non-controlling interests 157 141 143 152 157 Total shareholders' equity 4,088 3,377 3,123 3,054 3,140 Provisions for pensions and similar obligations 2,207 2,269 2,215 2,120 2,087 Provisions 739 768 700 533 497 Financial debt 5,177 6,459 5,967 6,551 5,837 Contract liabilities 728 692 709 752 720 Income tax payables 76 57 57 48 43 Other financial liabilities 71 66 69 109 85 Lease Liabilities 354 352 334 344 353 Other liabilities 42 40 38 40 40 Deferred tax liabilities 167 169 172 162 162 Total non-current liabilities 9,561 10,873 10,262 10,659 9,825 Provisions 743 658 637 747 721 Financial debt 923 822 1,325 735 1,472 Contract liabilities 267 272 274 270 267 Trade payables 3,694 3,537 3,517 3,402 3,780 Income tax payables 117 108 137 113 122 Other financial liabilities 772 813 1,028 1,090 893 Lease Liabilities 118 123 123 123 125 Refund liabilities 315 337 333 347 315 Other liabilities 607 594 542 471 696 Liabilities held for sale 0 0 23 18 0 Total current liabilities 7,554 7,263 7,938 7,315 8,391 Total shareholders' equity and liabilities 21,204 21,513 21,323 21,028 21,355 Cash flow statement 2025 2026 in EUR mn Q1 Q2 Q3 Q4 FY Q1 Operating activities EBIT 263 166 -23 -111 295 270 Interest paid -87 -34 -74 -88 -284 -81 Interest received 13 7 8 11 38 11 Income taxes paid -87 -124 -86 -153 -450 -97 Dividend received 0 1 0 0 1 0 Depreciation, amortization, and impairment losses 351 362 535 528 1,776 323 (Gains) losses on disposal of assets -1 -1 2 0 1 -1 Changes in: Inventories -188 15 -46 141 -78 -188 Trade receivables -322 30 12 266 -15 -403 Trade payables 93 -55 3 -193 -152 422 Provisions for pensions and similar obligations -2 -20 -41 -17 -79 -23 Other assets, liabilities, and provisions 91 -87 160 140 304 -174 Cash flows from operating activities 124 260 448 523 1,355 60 Investing activities Proceeds from disposals of property, plant and equiptment 4 3 3 6 16 5 Capital expenditures on intangible assets -12 -8 -3 -4 -27 -2 Capital expenditures on property, plant and equiptment -238 -197 -240 -271 -947 -235 Acquisition of subsidiaries 0 -1 0 0 -1 0 Acquisition of interests in joint ventures, and other equity investments -4 0 -2 -24 -30 -2 Proceeds from disposal of subsidiaries 0 0 0 0 0 -6 Proceeds from disposal of interests in joint ventures, and other equity investments 0 0 1 0 1 1 Loans to joint ventures and other equity investees in preparation for an acquisition 0 0 0 0 0 0 Other investing activities -1 0 0 0 -1 -2 Cash used in investing activities -250 -203 -241 -294 -988 -241 Financing activities Dividends paid to shareholders and non-controlling interests 0 -248 0 0 -248 0 Receipts from loans 49 1,378 2 739 2,167 4 Repayments of loans -57 -168 -1 -751 -976 0 Principal repayments on lease liabilities -32 -32 -33 -34 -131 -35 Acquisition of non-controlling interests 0 0 0 0 0 0 Other financing activities 0 0 0 0 0 0 Cash used in financing activities -41 931 -31 -47 812 -31 Net increase/decrease in cash and cash equivalents -168 988 176 182 1,179 -212 Effects of foreign exchange rate changes on cash and cash equivalents -26 -48 -17 3 -88 7 Change in cash and cash equivalents due to changes in the scope of consolidation 0 0 0 0 0 0 Cash and cash equivalents as at beginning of period 1,281 1,087 2,027 2,184 1,281 2,371 Cash and cash equivalents 1,087 2,027 2,186 2,369 2,372 2,166 Less cash and cash equivalents classified as assets held for sale 0 0 -3 2 -1 1 Cash and cash equivalents (consolidated statement of financial position) 1,087 2,027 2,184 2,371 2,371 2,166 10 # PUBLIC # PUBLIC

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