Stellantis Q2 2026 Net Revenues Rise 13% to €43.5B, Net Profit Turns Positive
Stellantis reported Q2 2026 net revenues of €43.5 billion, up 13% year-over-year, and net profit of €0.3 billion, reversing a year-ago loss.
- €43.5B
- €0.3B
- 1.8%
- €1.0B
What Happened
Stellantis reported Q2 2026 financial results with net revenues of €43.5 billion, up 13% year-over-year, driven by North America (up 32%) and South America (up 6%). Net profit turned positive at €0.3 billion, compared to a loss of €1.9 billion in Q2 2025. Adjusted operating income (AOI) was €0.8 billion with a margin of 1.8%, up 120 basis points. Industrial free cash flow improved by €1.0 billion to €1.0 billion positive.
- €43.5B (+13%)
- €0.8B (+263%)
- €1.0B (vs €31M)
“The second quarter was marked by continued progress, led by North America and supported by important contributions from all other regions. 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 a”
- North America: Sales up 6% (U.S. up 6%, Mexico up 17%)
- Enlarged Europe: EU30 sales up 3% (7% including Leapmotor)
- South America: Sales down 2% (1% including Leapmotor)
- Middle East & Africa: Sales down 6%
- Asia Pacific: Sales down 29% (22% including Leapmotor)
Stellantis reaffirmed its 2026 financial guidance, including mid-single-digit net revenue growth and low-single-digit AOI margin. The company expects net tariff headwinds of €1.0-1.2 billion, with €0.3 billion incurred in H1 2026 including a €0.4 billion IEEPA tariff refund. H2 2026 performance is expected to be weighted toward Q4 due to summer production shutdown. Capital expenditures and R&D are expected at 6.5-7% of net revenues.
Previously from Stellantis
On July 13, Stellantis reported estimated Q2 consolidated shipments of 1.6 million vehicles, a 10% year-over-year increase. The company attributed the growth to new product launches and strong demand in North America and Europe.
Background drawn from MotorClaw's earlier coverage of Stellantis's official releases.
Why this matters
The results show Stellantis is recovering after a difficult 2025, with North America leading the turnaround. The improvement in key metrics like AOI margin and free cash flow signals the company is on track to meet its 2026 guidance, reassuring investors and stakeholders.
Terms in This Story
- AOI margin
- Adjusted operating income divided by net revenues, a non-GAAP metric used to measure profitability.
- IEEPA
- International Emergency Economic Powers Act, a U.S. law that can impose tariffs.
- FaSTLAne 2030
- Stellantis' long-term strategic plan introduced on May 21, 2026, focusing on growth and efficiency.
Summarised from the linked release; details can be imperfect — always verify against the original source.