Stellantis 2025 Financial and Operational Performance Overview: Sales, Profitability, and Strategic Outlook

Financially, revenue dropped 9% to around €73 billion, while operating income and net income fell significantly due to higher costs and inflation. The company maintained solid liquidity and continues to invest in EV technology and software. Stellantis expects modest revenue declines for 2025, with cautious optimism amid ongoing global uncertainties.

• Total vehicle deliveries worldwide decreased by approximately 10% in the first half of 2025 compared to the same period in 2024, affected by ongoing semiconductor shortages and supply chain challenges.

• Passenger car deliveries fell around 12%, while light commercial vehicle deliveries experienced a milder decline of about 7%.

• Electric Vehicle (EV) sales increased significantly, comprising approximately 15% of total sales in H1 2025 compared to 8% in 2024, reflecting the company’s accelerated electrification strategy.

• Key brands like Jeep and Ram showed solid performance in North America, while European brands such as Peugeot and Fiat faced soft demand.

Regional Sales Breakdown (H1 2025):

• North America: Approximately 1.2 million vehicles delivered, down 7% year-over-year, with continued strong demand for SUVs and pickups.

• Europe: About 1 million vehicles delivered, down 14% year-over-year amid economic uncertainty and increased inflation affecting consumer spending.

• Latin America and Other Markets: Declines of around 8% due to currency fluctuations and market volatility.

• China: Sales remained flat or modestly declined due to strong competition and market-specific challenges.

Financial Performance (H1 2025):

• Revenue: Stellantis reported around €73 billion in revenue for the first half of 2025, down about 9% compared to H1 2024.

• Operating Income: Operating income decreased to approximately €3.8 billion, down 25% year-over-year. Operating margins narrowed to approximately 5.2% from 7.0% in the previous year.

• Net Income: Net income was around €2.4 billion, a decline of nearly 30% compared to H1 2024.

• Earnings Per Share (EPS): EPS decreased accordingly, reflecting lower profitability amid increased costs.

Profitability and Cost Factors:

• The decrease in profitability was driven by higher raw material costs, continued supply chain disruptions, and inflationary pressure.

• Stellantis is investing heavily in research and development, especially focused on EV technology and autonomous driving systems, which contributed to increased costs.

• The company has implemented cost control measures, including workforce adjustments and manufacturing efficiency improvements.

Debt and Liquidity:

• Stellantis’ net debt stood at approximately €37 billion as of mid-2025, relatively stable but slightly higher than the previous year due to ongoing investments.

• The company maintained a strong liquidity position with over €15 billion in available cash and credit lines, supporting continued capital expenditure and strategic initiatives.

Strategic Developments:

• Accelerated rollout of new electric and hybrid models across multiple brands.

• Expansion of battery production capacity through partnerships and joint ventures.

• Focus on software and connectivity services, including subscription-based offerings.

• Continued efforts to optimize product portfolios and phase out less profitable models.

Outlook for 2025:

• Stellantis expects full-year revenue to be flat or slightly declined compared to 2024, with operating margin likely between 5% and 6%.

• The company forecasts EV sales to reach 20% of total sales by the end of 2025, supported by new model launches.

• Management indicates ongoing uncertainty from global economic conditions, supply chain constraints, and competitive pressures, advising cautious optimism for the second half of the year.