Mercedes-Benz Group

MBG · Xetra · EUR

€39.72−0.84%−€0.34

Close · October 2, 2026

At a glance

Revenue growth: −9.19%; 2025 vs 2024
Net income growth: −49.63%; 2025 vs 2024
Net margin: 3.9%; 2024: 7.0%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	32,061	31,602	33,690	32,147	33,153	33,224	38,450	34,528	36,743	35,873	39,976	37,001
Cost of revenue	20,574	20,679	22,379	21,444	22,006	20,830	26,009	22,744	23,067	22,444	25,451	23,375
Gross profit	5,784	5,217	5,399	4,630	5,098	6,259	6,732	5,998	7,512	6,853	8,409	7,637
Selling, general and administrative	2,793	2,642	1,796	2,772	2,765	2,750	3,024	2,556	2,799	2,788	3,413	2,609
Research and development	1,170	1,388	916	1,676	1,460	1,607	969	1,682	1,461	1,468	1,370	1,541
Operating income	1,976	1,885	3,626	395	1,025	1,903	3,485	2,146	3,688	3,267	3,959	3,966
EBIT	1,976	1,885	3,626	395	1,025	1,903	3,485	2,146	3,688	3,267	3,959	3,966
EBITDA	3,810	3,625	4,691	2,206	2,714	3,754	4,522	3,795	5,344	4,910	4,924	5,610
Interest expense	30.0	36.0	19.0	31.0	27.0	47.0	22.0	37.0	46.0	44.0	12.0	52.0
Pre-tax income	1,636	2,012	1,608	852	1,402	2,422	3,307	2,645	4,166	4,029	4,450	4,980
Income tax	550	579	155	-338	445	691	704	926	1,104	1,004	1,290	1,261
Net income	1,065	1,418	1,375	1,173	915	1,678	2,484	1,733	3,016	2,974	3,117	3,636
Net income to common shareholders	1,065	1,418	1,375	1,173	915	1,678	2,484	1,733	3,016	2,974	3,117	3,636
Basic EPS	1.14	1.49	1.43	1.22	0.95	1.74	2.57	1.81	2.95	2.86	2.98	3.44
Diluted EPS	1.14	1.49	1.43	1.22	0.95	1.74	2.57	1.81	2.95	2.86	2.98	3.44
Average shares (basic)	934	953	961	961	963	963	967	957	1,022	1,038	1,046	1,057
Average shares (diluted)	934	953	961	961	963	963	967	957	1,022	1,038	1,046	1,057
Dividend per share	—	—	3.50	—	—	—	4.30	—	—	—	5.30	—