Stellantis Second Quarter 2026 Financial Results

Published July 30, 2026 at 2:15 p.m. UTC

Source: MarketScreener

'The second quarter was marked by continued progress, led by North America and supported by important contributions from all other regions.

* Stellantis Reports Q2 2026 Financial Results

* Year-over-Year Improvement Across All Key Financial Metrics

* Net revenues increased to EUR43.5 billion, up 13% versus Q2 2025, with North America up 32% and South America up 6%, while Enlarged Europe was flat, and Middle East & Africa and Asia Pacific were slightly down

* Net profit reached EUR0.3 billion in Q2 2026, reflecting higher volumes and further improvement of operating performance

* Adjusted operating income(1) was EUR0.8 billion in Q2 2026, with AOI margin(2) of 1.8%, up 120 bps year-over-year. All regions delivered positive AOI margins with the exception of Enlarged Europe

* Industrial free cash flows(3) were EUR1.0 billion in Q2 2026, reflecting improved operating performance. This represents EUR1.0 billion improvement versus Q2 2025 after approximately EUR0.3 billion of cash outflows related to H2 2025 charges

* Industrial available liquidity(4) closed at EUR44.1 billion, representing 27% of trailing 12-month Net revenues and remaining within the Company's targeted 25-30% liquidity range

* 2026 Financial Guidance Reaffirmed

* FaSTLAne 2030 long-term strategic plan introduced at Stellantis' May 21 Investor Day

We improved performance across our key financial metrics with Net revenues, AOI and Industrial free cash flows all showing significant gains. With implementation of our FaSTLAne 2030 strategy well underway and this year's exciting new product launches on time and on track, we remain confident of delivering our 2026 financial guidance.'

Antonio Filosa, CEO

Fiat Grande Panda 4X4 Manifesto

EUR million / 000's units 	Q2 2026 	Q2 2025 	Change 	YTD 2026 	YTD 2025 	Change

I F R S 	Net revenues 	43,482 	38,448 	+13% 	81,614 	74,261 	+10%

Net profit/(loss) 	293 	(1,869) 	n.m. 	670 	(2,256) 	n.m.

Diluted EPS 	0.07 	(0.65) 	n.m. 	0.20 	(0.78) 	n.m.

Cash flows from operating activities 	(169) 	559 	(130)% 	(2,887) 	(2,287) 	(26)%

N O N - G A A P 	Adjusted operating income/(loss)(1) 	773 	213 	+263% 	1,733 	540 	+221%

Adjusted operating income margin(2) 	1.8% 	0.6% 	120 bps 	2.1% 	0.7% 	140 bps

Adjusted diluted EPS(5) 	0.12 	0.15 	(20)% 	0.32 	0.18 	+78%

Industrial free cash flows(3) 	1,000 	31 	n.m. 	(921) 	(3,005) 	+69%

	Consolidated shipments(6) 	1,597 	1,447 	+10% 	2,958 	2,664 	+11%

Combined shipments(6) 	1,603 	1,457 	+10% 	2,968 	2,690 	+10%

FY 2026 FINANCIAL GUIDANCE

Net revenues: Mid-Single Digit % Increase

AOI margin %(2): Low-Single Digit %

Industrial free cash flows(3): Improved Y-o-Y

(incl. ~EUR2B in cash payments related to H2 '25 charges)

Expect Positive Industrial free cash flows(4) in 2027

All reported data is unaudited. Reference should be made to the section 'Safe Harbor Statement' included elsewhere within this document

n.m. - not meaningful

AMSTERDAM - Stellantis reported Q2 2026 financial results, with Net revenues increasing 13% year-over-year to EUR43.5 billion. The improvement was primarily driven by North America, up 32% year-over-year, and supported by South America, up 6% year-over-year, while Enlarged Europe was flat and Middle East & Africa and Asia Pacific were down slightly. Net profit improved to EUR0.3 billion in Q2 2026, reflecting higher volumes and a gradual improvement in operating performance.

Adjusted operating income(1) was EUR0.8 billion, representing an AOI margin(2) of 1.8%, with all regions delivering positive results except Enlarged Europe, with an AOI margin(2) of (0.6%).

Industrial free cash flows(3) were EUR1.0 billion in Q2 2026, an improvement of EUR1.0 billion versus Q2 2025, reflecting improved operating performance.

As FaSTLAne 2030 is underway, Stellantis is confirming its 2026 financial guidance, noting the following:

Net tariff headwind now estimated at EUR1.0 billion to EUR1.2 billion; H1 2026 net tariff costs were EUR0.3 billion, including an International Emergency Economic Powers Act (IEEPA) tariff refund of EUR0.4 billion

Includes ~EUR2 billion of cash payments related to H2 2025 charges, of which EUR0.9 billion was paid in H1 2026

Full-year capital expenditures and R&D spending estimated at 6.5% - 7.0% of Net revenues; consistent with the FaSTLAne 2030 investment plan for this year

H2 2026 performance expected to be weighted toward Q4, following Q3 summer production shutdown and continued operational performance improvements

Regional results for the quarter demonstrated progress across key markets.

North America: Sales increased 6% versus Q2 2025, achieving the fourth consecutive quarter of year-over-year growth with 6% increase in the U.S., 1% decrease in Canada and 17% increase in Mexico (increased 19% including Leapmotor(7)). Stellantis outperformed the U.S. industry trend which was down 0.3% in Q2 2026, including year-over-year increases in retail sales of Jeep Grand Wagoneer up 43%, Ram 1500 up 9%, Dodge Durango up 9%, and Chrysler Pacifica up 7%. North America market share increased to 7.4%, up 40 basis points year-over-year, driven by new product and powertrain offerings, as well as Ram, whose U.S. sales increased approximately 11% year-over-year. Additionally, Mexico's sales increased 17% (19% year-over-year including Leapmotor), delivering the strongest Q2 on record.

Enlarged Europe: EU30 sales increased 3% versus Q2 2025, 7% including Leapmotor(7), driven primarily by Smart Car. EU30 market share was 16.0%, down 80 basis points year-over-year or 16.8% including Leapmotor(7), down 10 basis points. Sales growth was supported by a diversified portfolio across BEV, hybrid and ICE powertrains, including the launch of the Fiat Grande Panda ICE on the Smart Car platform. The C-SUV portfolio continues to strengthen, supported by DS N-degree7, Lancia Gamma and Jeep Compass 4xe. Stellantis reaffirmed its leadership in the EU30 LCV segment, achieving a 28.7% market share. Leapmotor continues to gain momentum with sales growing sixfold year-over-year.

South America: Sales decreased 2% versus Q2 2025, 1% including Leapmotor(7). Despite a market share decrease, Stellantis maintained its regional leadership with a 19.1% market share, 19.4% including Leapmotor(7). Stellantis maintains No. 1 positions in Brazil and Argentina, with market shares of 25.6% and 26%, respectively. Overall, Q2 2026 Ram sales in Brazil grew 10% year-over-year and ~30% year-over-year in June 2026, strengthening Stellantis' position in the important Brazilian pickup market.

Middle East & Africa: The region remained resilient in Q2 2026 despite a challenging market environment. While sales declined 6%, market share increased by 20 basis points year-over-year against an approximately 8% regional industry contraction. The region retained its No. 2 position in passenger car and LCV sales and gained leadership in LCVs, with a 24.7% market share. Growth was supported by Turkiye, which maintained its No. 1 position across passenger car and LCV segments, and by Algeria, which achieved a record quarter with more than 20,000 locally produced and sold units. The region also benefited from LCV leadership across key markets and recent launches in Turkiye, Tunisia, Morocco and Egypt.

Asia Pacific: June 2026 deliveries reached a 6-month high. Sales decreased 29% versus Q2 2025, 22% including Leapmotor(7), driven primarily by declines in the Peugeot 408. Q2 2026 market share decreased slightly to 0.2%. Local Leapmotor-branded vehicle assembly in Malaysia implemented for the C10, and the B10 launch remains on track for Q3 2026. Additionally, partnership announced with DFM to develop and manufacture Peugeot and Jeep models in China.

Upcoming Events

Q2 2026 Results Call with Management - July 30, 2026, at 2:00 p.m. CEST / 8:00 a.m. EDT. The webcast and recorded replay will be accessible under the Investors section of the Stellantis corporate website (www.stellantis.com).

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About Stellantis

Stellantis (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com.