Volkswagen
€67.48Change from previous close: −0.79%Absolute change: −€0.54
At a glance
- Revenue growth
- −0.84%
- 2025 vs 2024
- Net income growth
- −35.49%
- 2025 vs 2024
- Net margin
- 2.3%
- 2024: 3.5%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 657 | 5,211 | 4,939 | 6,755 | 339 | 2,976 | 5,325 | 7,339 | 2,721 | 1,766 | 6,796 | 5,475 |
| Depreciation and amortization | 3,991 | 3,450 | 4,907 | 1,120 | 6,513 | 6,129 | -4,537 | 5,426 | 5,739 | 5,813 | -4,685 | 5,011 |
| Capital expenditure | -2,770 | -2,853 | -5,644 | -3,167 | -3,622 | -2,866 | -7,338 | -3,841 | -3,236 | -2,787 | -5,745 | -3,189 |
| Investing cash flow | -5,577 | -6,304 | -9,112 | -6,005 | -6,483 | -5,884 | -12,128 | -6,042 | -7,176 | -6,227 | -12,098 | -5,858 |
| Financing cash flow | -2,086 | 9,988 | 6,053 | 1,133 | 5,038 | -306 | -4,658 | 0.0 | 3,769 | 12,029 | 4,285 | 8,713 |
| Dividends paid | -2,899 | -174 | -93.0 | — | -3,422 | -185 | -38.0 | -134 | -4,818 | -185 | -55.0 | -260 |
| Share repurchases | — | -1,719 | — | -11.0 | — | -21.0 | — | — | -1,250 | — | — | — |
| Debt issued | 14,602 | 49,627 | 37,169 | 10,706 | 18,767 | 13,605 | 10,863 | 9,118 | 23,054 | 21,392 | 27,341 | 13,134 |
| Debt repaid | -13,800 | -37,746 | -31,051 | -9,428 | -10,101 | -14,063 | -15,478 | -9,051 | -12,624 | -9,212 | -23,003 | -5,163 |
| Effect of exchange rates | 198 | 421 | 48.0 | 189 | -850 | -325 | 359 | -295 | -109 | 100 | -1,162 | 176 |
| Net change in cash | -6,807 | 9,315 | 1,927 | 2,073 | -1,954 | -3,541 | -11,101 | 1,000 | -794 | 7,669 | -2,181 | 8,505 |
| Free cash flow | -2,113 | 2,358 | -705 | 3,588 | -3,283 | 110 | -2,013 | 3,498 | -515 | -1,021 | 1,051 | 2,286 |
| Levered free cash flow | 607 | 3,030 | 2,732 | 5,355 | -1,875 | 4,220 | -93,825 | 4,410 | 4,644 | 909 | 11,472 | 4,681 |