Stellantis reported a 20.1 billion euro net loss for H2 2025 after EV writedowns
The company booked 25.4 billion euros in writedowns for the full year 2025
CEO Antonio Filosa cited overestimation of energy transition pace and quality issues
Stellantis expects positive cash flows only in 2027 and no dividend for 2025
📖 Full Retelling
Stellantis on Thursday reported a net loss of 20.1 billion euros for the second half of 2025 in Milan, after flagging 22.2 billion euros in charges as the automotive giant scaled back its electric vehicle ambitions and addressed vehicle quality problems. The Jeep-to-Peugeot maker, whose July-December net revenues rose 10% year-on-year, had earlier announced preliminary estimates that both the net loss and adjusted operating income figures would fall within specific ranges, with the AOI reaching negative 1.38 billion euros ($1.63 billion) during the six-month period. Chief Executive Antonio Filosa attributed the significant writedowns to overestimating the pace of the energy transition and vehicle quality problems linked to cost-cutting measures under former boss Carlos Tavares. The company confirmed it had booked 25.4 billion euros in writedowns for the entire year 2025, including approximately 6.5 billion euros in cash payments expected to be spread across four years starting from 2026. Looking ahead, Stellantis reiterated its 2026 forecasts, projecting a mid-single-digit percentage increase in net revenues and a low-single-digit adjusted operating margin, with industrial free cash flows not expected to return positive territory until 2027.
🏷️ Themes
Electric Vehicles, Financial Performance, Automotive Industry
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by revenue with global automotive market at ~$2.75 trillion...
A write-off is a reduction of the recognized value of something. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income, as a recognition of certain expenses required to produce the income.
Multinational automotive car manufacturing corporation
Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 through the merger of the French PSA Group and Fiat Chrysler Automobiles (FCA), which was itself created by the merger of Italy's Fiat and the US-based Chrysler, completed in stages between 2009 and 2014. Stellant...
An electric vehicle (EV) is a motorized vehicle whose propulsion is provided fully or mostly by electric power, via grid electricity or from onboard rechargeable batteries. EVs encompass a wide range of transportation modes, including road (electric cars, buses, trucks and personal transporters) and...
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nasdaq ends more than 1% higher as Nvidia rises pre-earnings, tech extends rebound Gold prices head for fifth day of gains in six; JPMorgan sees more upside Nvidia set to report strong results and guidance, analysts say Selloff in this large IT stock offers a ’great buying opportunity into 2026’ (South Africa Philippines Nigeria) Stellantis posts 20 billion euro net loss in second half of 2025 after EV writedowns By Reuters Stock Markets Published 02/26/2026, 02:18 AM Updated 02/26/2026, 02:24 AM Stellantis posts 20 billion euro net loss in second half of 2025 after EV writedowns 0 STLAM -1.34% MILAN, Feb 26 - Stellantis on Thursday reported a net loss of 20.1 billion euros for the second half of 2025, after flagging earlier this month 22.2 billion euros of charges in the period as it scaled back its electric-vehicle ambitions. Adjusted operating income was negative for 1.38 billion euros ($1.63 billion) in the second half of last year. Both the net loss and the AOI figures were within the preliminary estimate ranges that the company had provided earlier this month. The Jeep-to-Peugeot maker, whose July-December net revenues rose 10% year-on-year, said it had booked 25.4 billion euros in writedowns last year. This led to 2025 results "reflecting the cost of over-estimating the pace of the energy transition," Chief Executive Antonio Filosa said in a statement. The writedowns - also caused by vehicle quality problems that Filosa attributed to cost-cutting under former boss Carlos Tavares - include about 6.5 billion euros in cash payments, expected to be spread across four years from 2026. The company on Thursday reiterated its 2026 forecasts, including a mid-single-digit percentage increase in net revenues and a low-singe-digit adjusted operating margin. It sees industrial free cash flows returning positive only in 2027. Stellantis confirmed it would not pay a dividend this year. ($1 = 0.8462 euros)
