Stellantis Misses Q2 Profit Estimate
Stellantis Q2 net profit misses estimate
STLA SLIDES AFTER PROFIT MISS Stellantis Q2 net profit of €293M missed the €464M estimate, while adjusted operating income of €773M fell short of the €903M expected.
Revenue rose 13% to €43.48B, above the €42.83B estimate.
Deliveries increased 10%, while North American revenue jumped 32% as new Jeep, Ram, Dodge and Chrysler models supported sales.
However, the group's adjusted operating margin was just 1.8%, with Europe posting a negative 0.6% margin.
Stellantis maintained its 2026 outlook for mid-single-digit revenue growth and a low-single-digit adjusted operating margin, with second-half performance expected to be weighted toward Q4.
It also expects a €1B to €1.2B net tariff headwind this year.