Stellantis posts modest Q3 operating income but burns €4 billion
Adjusted operating income rose to €256 million as Stellantis continued a turnaround plan that management said will deliver 40% of planned efficiencies this year.
- On Wednesday, October 28, 2026, Stellantis reported a slight rise in third-quarter operating income, though the automaker's turnaround process generated a €4 billion industrial cash outflow during the period.
- CEO Antonio Filosa launched a group-wide cost-cutting plan this year to drive recovery, while UBS and Morgan Stanley downgraded the stock and RBC Capital Markets raised a potential break-up scenario.
- Third-Quarter revenue remained little changed at €37.6 billion, and Filosa stated the company remains on track to implement at least 40% of its total €6 billion in run-rate efficiencies by year-end.
- North America revenue dropped 3% in the quarter, though the company reaffirmed its 2026 full-year forecasts as shares sit near record lows with investors weighing margin targets.
- Management reaffirmed its target to return to positive cash flow generation in 2027, as the company navigates a difficult year marked by a suspended 2026 dividend.
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After having already straightened the bar in the second quarter, Stellantis published a turnover above expectations in growth of 1%. Above all, Peugeot's parent company, Fiat and Chrysler increased its sales and reduced its net loss.
For years, the Opel mother has been struggling with falling sales figures. After a profitable first half, Stellantis again posted losses in the third quarter.
Stellantis posts modest Q3 operating income but burns €4 billion
Stellantis on Wednesday posted a slight increase in operating income in the third quarter as the automaker presses ahead with a slow turnaround process, which still generated a €4 billion ($4.45 billion) industrial cash outflow in the period.
Stellantis Leaves the Losses Behind and Earns 217 Million Euros in the First Nine Months of the Year
Image ID: /clip/90d1a041-5c4c-46e6.953c-04d27731c6d4_media-libre-aspect-ratio_default_0.jpg Stellantis has closed the first nine months of the year with a net profit of 217 million euros, reversing the losses of 6,788 million euros recorded in the same period of the previous year. The turnover accumulated during the first three quarters has risen to 119,225 million euros, representing an annual increase of 7%, despite the fact that the global de…
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