Volkswagen

VOW3 · Xetra · EUR

€67.48−0.79%−€0.54

Close · October 2, 2026

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.

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	82,444	75,657	83,244	80,305	80,806	77,558	87,377	78,478	83,339	75,461	87,182	78,845
Cost of revenue	69,994	63,024	55,544	70,059	67,204	64,531	55,956	65,440	67,591	49,193	56,835	52,968
Gross profit	12,450	12,633	13,248	10,246	13,602	13,027	17,370	13,038	15,748	12,346	16,882	12,533
Selling, general and administrative	8,606	8,700	9,454	8,437	8,725	8,769	9,542	8,251	8,668	7,516	8,464	7,537
Operating income	3,469	3,339	4,627	-1,299	3,835	3,101	8,925	2,833	5,427	4,485	7,727	5,117
EBIT	3,469	3,339	4,627	-1,299	3,835	3,101	8,925	2,833	5,427	4,485	7,727	5,117
EBITDA	7,460	6,789	7,990	-179	10,348	9,230	11,600	8,259	11,166	10,298	10,143	10,128
Interest expense	1,163	441	2,309	—	716	—	1,640	919	293	—	3,320	127
Pre-tax income	2,538	2,234	3,248	-364	3,314	3,109	4,397	2,331	4,942	5,137	5,400	5,801
Income tax	1,000	670	-251	708	1,023	923	839	773	1,342	1,458	405	1,455
Net income	1,342	1,443	3,319	-313	2,335	1,982	3,367	1,348	3,239	3,398	4,764	4,032
Net income to common shareholders	1,284	1,290	3,150	-482	2,175	1,831	3,212	1,193	3,081	3,235	4,599	3,889
Basic EPS	2.56	2.57	6.28	-0.96	4.34	3.65	6.41	2.38	6.15	6.45	9.17	7.76
Diluted EPS	2.56	2.57	6.28	-0.96	4.34	3.65	6.41	2.38	6.15	6.45	9.17	7.76
Average shares (basic)	501	501	501	501	501	501	501	501	501	501	501	501
Average shares (diluted)	501	501	501	501	501	501	501	501	501	501	501	501
Dividend per share	—	—	5.26	—	—	—	6.36	—	—	—	9.06	—