MAN Truck & Bus posts strong Q1 2026 results: revenue up 8% to €3.3 billion, EV sales surge 44%
MAN Truck & Bus continued its upward trend in Q1 2026, reporting an 8% revenue increase to €3.3 billion and a 14% sales rise to 23,600 units, driven by strong truck demand and growing electric vehicle adoption.
- €3.3 billion (+8%)
- 23,600 units (+14%)
- €239 million (+€106 million)
What Happened
MAN Truck & Bus delivered a strong first quarter in 2026, with revenue rising 8% to €3.3 billion and sales increasing 14% to 23,600 units. Adjusted operating profit jumped to €239 million from €133 million a year earlier, lifting the adjusted operating margin to 7.2%. Order intake remained stable at 27,850 units in a uncertain market.
“MAN delivers consistently good results at a constant level and shows profitable growth. This is the result of our consistent transformation work and continuous improvements in cost and cash over the past years.”
44%year-over-year
EV deliveries reached 540 units in Q1 2026, including 340 eTrucks, as high diesel prices boost demand.
Why this matters
The results show MAN's consistent profitability transformation and resilience amid geopolitical uncertainties, with electric truck demand accelerating due to high diesel prices.
Terms in This Story
- Adjusted operating margin
- A profitability ratio calculated as adjusted operating profit divided by revenue, excluding one-time items.
- Order intake
- The total number of orders received during a period, indicating future demand.
- eTruck
- An electric truck, typically a battery electric vehicle (BEV) used for freight transport.
Summarised from the linked release; details can be imperfect — always verify against the original source.