Piaggio & C. revenue and financials

PIA · Borsa Italiana · EUR

€1.96Change from previous close: +2.03%Absolute change: +€0.04

Close · October 7, 2026

In the fiscal year ended December 2025, Piaggio & C. reported revenue of €1.5B (−11.72% year over year). Net income was €34.01M, a net margin of 2.3%.

Annual revenue · 2025: €1.5B
  1. €1.67B2021
  2. €2.09B2022
  3. €1.99B2023
  4. €1.7B2024
  5. €1.5B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−11.72%
2025 vs 2024
Net income growth
−49.41%
2025 vs 2024
Net margin
2.3%
2024: 4.0%

Financial data

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

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow1459.7-8.745.3112-15.9-19.230.0157-24.020.679.0
Depreciation and amortization27.428.726.029.120.537.61.750.720.234.0-0.952.7
Capital expenditure-9.8-9.1-17.1-10.9-15.0-17.1-28.3-13.9-11.6-14.3-18.3-15.4
Investing cash flow-24.6-23.4-32.1-23.0-34.8-38.0-53.0-38.3-36.8-37.9-57.9-36.4
Financing cash flow-13090.39.9-44.7-33.951.2-23.9-73.9-24.2110-12.2-60.3
Dividends paid——-0.0-14.1-14.1——-40.7-28.3——-44.3
Share repurchases-0.7-0.3-0.1-0.1-0.5-1.5-1.3———-0.1-1.1
Debt issued-47.814018.0-30.621.996.70.5-32.636.2140259-7.8
Debt repaid-82.4-48.5-10.22.4-43.8-41.4-23.2-0.5-34.0-33.9-265-7.1
Effect of exchange rates0.10.2-3.32.1-8.9-4.74.9-3.0-0.21.0-4.20.8
Net change in cash-9.776.8-34.1-20.334.2-7.4-91.1-85.296.149.3-53.7-16.9
Free cash flow1350.7-25.834.496.7-33.0-47.416.1146-38.32.363.6
Levered free cash flow114-21.3-31.616.573.7-60.2-68.9-10.5109-60.2-21.736.1