Germany's Porsche 2025 revenue falls 9.5%, misses estimates

Dr Ing hc F Porsche AG

11/03/2026 06:08

Overview

Germany sports car maker's 2025 revenue fell 9.5%, missing analyst expectations

Operating profit dropped 92.7% due to EUR 3.9 bln in extraordinary expenses

Company cut dividend after earnings hit from realignment and market challenges

Outlook

Porsche expects 2026 sales revenue of around EUR 35-36 bln

Company sees 2026 operating return on sales between 5.5% and 7.5%

Company anticipates challenging market conditions in China and continued price competition for EVs

Result Drivers

EXTRAORDINARY EXPENSES - Co said EUR 3.9 bln in one-off expenses from realignment, battery activities, and US tariffs weighed on profit

DELIVERIES DECLINE - Vehicle deliveries fell 10.1% in 2025, contributing to lower revenue

Company press release: ID:nEQ2bf3RBa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
EUR 36.27 bln
EUR 36.86 bln (24 Analysts)
FY EPS
EUR 0.47
FY Dividend
EUR 1
FY Operating Profit
EUR 413 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 12 "hold" and 8 "sell" or "strong sell"

The average consensus recommendation for the auto & truck manufacturers peer group is "buy."

Wall Street's median 12-month price target for Dr Ing hc F Porsche AG is €43.00, about 13.4% above its March 10 closing price of €37.91

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)