Volkswagen reports 2025 profit decline and forecasts higher operating margin in 2026
The Facts
- Volkswagen’s net profit in 2025 fell by about 44% to roughly €6.9 billion (from about €12.4 billion a year earlier).
- Volkswagen’s revenue in 2025 declined about 0.8% to around €322 billion (about €321.9 billion).
- Volkswagen’s operating result in 2025 fell to about €8.9 billion, down roughly 53.5% from the prior year.
- Volkswagen’s operating margin was 2.8% in 2025, down from 5.9% a year earlier.
- Volkswagen forecast an operating margin of 4% to 5.5% in 2026.
- Volkswagen said it sold about 9.022 million vehicles in 2025, about 0.2% fewer than in 2024.
- Multiple reports attributed Volkswagen’s weaker 2025 performance to pressures including U.S. tariffs and intense competition in China.
- Volkswagen confirmed plans to cut about 50,000 jobs in Germany by 2030, according to multiple reports citing a letter to shareholders and/or the annual report.
Context
What operating margin is Volkswagen expecting for 2026?
Volkswagen said it expects an operating margin of 4% to 5.5% in 2026, after reporting a 2.8% margin for 2025. Terra Reuters
How did Volkswagen’s 2025 profit and revenue compare with the prior year?
Reports said Volkswagen’s net profit fell about 44% to roughly €6.9 billion in 2025, while revenue slipped about 0.8% to around €322 billion. Der Tagesspiegel EL PAÍS Spiegel Online
What factors were cited as weighing on Volkswagen’s 2025 results?
Coverage cited U.S. tariffs, tough competition in China, and costs linked to restructuring and Porsche’s strategy adjustments as key pressures on results. Terra DIE WELT El Español
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