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
Group2025 | 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 bsi2 | 276 | 205 | 264 | 190 | 936 | 285 |
EBIT bsi2 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 income3 | 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 bsi2 | -269 | -194 | -191 | -156 | -810 | -215 |
EBIT bsi2 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 bsi2 | 290 | 230 | 247 | 187 | 953 | 246 |
EBIT bsi2 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 bsi2 | 126 | 113 | 115 | 104 | 457 | 128 |
EBIT bsi2 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 bsi2 | 162 | 89 | 122 | 90 | 463 | 142 |
EBIT bsi2 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 bsi2 | -32 | -33 | -28 | -35 | -128 | -15 |
EBIT bsi2 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 |
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