Stellantis N.V. Q1 2026 Financial Results

Stellantis reported a return to profitability in Q1 2026, with net revenues increasing by 6% to €38.1 billion and net profit improving to €0.4 billion. Adjusted operating income reached €1.0 billion, with a margin of 2.5%. Industrial free cash flows were negative €1.9 billion, a 37% improvement year-over-year, reflecting typical seasonality. The company confirmed its 2026 financial guidance, expecting improvements in net revenues, AOI margin, and industrial free cash flows. Key drivers for the improved performance include strong sales in North America, a 5% increase in sales in Enlarged Europe, and a stable sales performance in the Middle East & Africa. The company also issued €5 billion in hybrid perpetual notes to strengthen its balance sheet. Stellantis plans to launch 10 new vehicles and refresh 6 existing models in 2026 to build on positive momentum from 2025 product launches.