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Mercedes-Benz's revenue in Q3 at €32.1 billion
Mercedes-Benz Group AG revealed on Wednesday that its revenue in the third quarter of fiscal 2025 declined 6.9% on an annual level, coming in at €32.1 billion. In the reported trimester, year over year, net profit dropped 30.8%, landing at €1.2 billion, while earnings per share plunged 32.5%, to stand at €1.22.
In the first 9 months, compared to the same timeframe a year ago, revenue declined 8% to €98.5 billion, net profit nosedived 50.3% to €3.9 billion, and earnings per share plummeted 48.7% to €3.91. In its full-year 2025 guidance, the company said that the revenue will be "significantly below" 2024's €145.6 billion.
"Our third-quarter results are in line with our full-year guidance. Our biggest product and tech launch program is well on track ... We remain focused on enhancing customer experience while driving efficiency across our company," CEO Ola Kaellenius said.