Return to Profitability
Year-over-Year Improvement Across All Key Financial Metrics
- Net revenues increased to €38.1 billion, up 6% versus Q1 2025, supported by volume growth across all regions, with North America the primary contributor
- Net profit improved to €0.4 billion reflecting higher volumes and stronger operating performance
- Adjusted operating income(1) reached €1.0 billion, with AOI margin(2) of 5% and most regions positive
- Industrial free cash flows(3) were negative €1.9 billion, reflecting typical first-quarter seasonality, and representing a 37% improvement versus Q1 2025, despite approximately €0.7 billion of cash outflows related to H2 2025 charges
- Industrial available liquidity(4) ended at €44.1 billion, representing 28% of trailing 12-month Net revenues and remaining within the Company's targeted 25-30% liquidity range
- Hybrid perpetual notes issued in March 2026 for a total of €5 billion
- 2026 Financial Guidance Confirmed. Company expects to improve Net revenues, AOI margin(2) and Industrial free cash flows(3) in 2026
"As we initiate quarterly reporting, the first three months of 2026 reflect the early results of our actions to return Stellantis to sustainable, profitable growth. The products we launched in 2025 have been well received and we’re confident that the 10 new vehicles planned for 2026 will build on this momentum. Our priority is clear: to put our customers back at the center of everything we do and we look forward to sharing more on this at our Investor Day on May 21 in Auburn Hills." - Antonio Filosa, CEO