GOTHENBURG, Sweden, Feb. 5, 2026 /PRNewswire/ —
Volvo Cars’ financial report for the fourth quarter and full year 2025.
- Q4 revenue was SEK 94.4 bn (SEK 112.1 bn in Q4 2024)
- Q4 operating income was SEK 1.9 bn (SEK 3.9 bn in Q4 2024)
- Q4 operating income (excl. items affecting comparability) was SEK 1.8 bn (SEK 5.6 bn in Q4 2024)
- Q4 EBIT margin was 2.0 per cent (3.4 per cent in Q4 2024)
- Q4 EBIT margin (excl. items affecting comparability) was 1.9 per cent (5.0 per cent in Q4 2024)
- Q4 basic earnings per share were SEK 0.43 (SEK 0.84 in Q4 2024)
- Q4 fully electric car sales share at 24 per cent (21 per cent in Q4 2024)
- Q4 electrified car sales share at 49 per cent (47 per cent in Q4 2024)
- Q4 free cash flow of SEK 8.8 billion (SEK 13.6 billion in Q4 2024)
Volvo Cars today reports a group operating income (EBIT) of SEK 1.9 billion and an EBIT margin of 2.0 per cent for the fourth quarter of 2025. While the results reflect a challenging external environment, the company realised a positive free cash flow of SEK 8.8 billion for the quarter, thanks to the successful execution of its SEK 18 billion cost and cash action plan.
For the full year 2025, Volvo Cars recorded an adjusted operating income of SEK 12.5 billion, which translates into an adjusted EBIT margin of 3.5 per cent. Full-year free cash flow came in at SEK 2.4 billion, despite a challenging external environment.
The company’s fourth quarter performance was affected by …