Stellantis Reports €22.3B Net Loss in 2025, Suspends Dividend, Affirms 2026 Guidance
Stellantis reported a net loss of €22.3 billion for 2025, driven by €25.4 billion in charges from a strategic reset to align with customer preferences.
€153.5 billion
€22.3 billion
-€4.5 billion
What Happened
Stellantis reported full-year 2025 net revenues of €153.5 billion, down 2% from 2024. The company posted a net loss of €22.3 billion, primarily due to €25.4 billion in unusual charges, including a strategic reset and warranty provision changes. Adjusted operating loss was €842 million, and industrial free cash flow was negative €4.5 billion.
€22.3 billion
Reflects €25.4 billion in charges tied to resetting product plans and supply chain.
“Our 2025 full year results reflect the cost of over-estimating the pace of the energy transition and of the need to reset our business around our customers’ freedom to choose from the full range of electric, hybrid and internal combustion technologies.”
- Resetting product plan and EV supply chain to reflect customer demand and shifting regulations.
- Change in estimation process for contractual warranty provisions.
- Workforce reductions in Enlarged Europe.
Why this matters
The results show Stellantis pivoting from an aggressive EV-only strategy to offering a full range of powertrains, aiming to return to profitability and positive free cash flow by 2027.
Terms in This Story
- Adjusted operating income (AOI)
- A non-GAAP measure of profitability that excludes certain unusual or non-recurring items.
- Industrial free cash flow
- Cash flow from operations after capital expenditures, a key indicator of financial health.
- Unusual charges
- One-time costs not related to normal business operations, often from restructuring or strategic shifts.
Summarised from the linked release; details can be imperfect — always verify against the original source.