Stellantis Q2 2026: Revenue Jumps 13% to €43.5B, North America Turns Profitable, Guidance Reaffirmed
STLA is trading near its 52-week low of $5.25 (11% above the low).
Summary
Stellantis reported Q2 2026 results with revenue up 13% to €43.5B, net profit of €0.3B, and positive industrial free cash flow of €1.0B. North America led the recovery with a 32% revenue jump and a return to profitability. Full-year guidance was reaffirmed.
Key Events · Earnings and Guidance · STLA
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Revenue Surges 13% to €43.5B
Driven by a 32% increase in North America and a 6% gain in South America, Q2 2026 net revenues rose 13% year-over-year to €43.5 billion. Enlarged Europe was flat, while Middle East & Africa and Asia Pacific declined slightly.
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North America Returns to Profitability
Shipments in North America jumped 38% to 445,000 units, and adjusted operating income swung to a €284 million profit from a €440 million loss a year ago, reflecting new product launches and operational improvements.
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Industrial Free Cash Flow Turns Positive
After absorbing approximately €0.3 billion in cash outflows related to H2 2025 charges, industrial free cash flow reached €1.0 billion in Q2 2026, a €1.0 billion improvement over Q2 2025.
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2026 Guidance Reaffirmed
Despite an estimated €1.0–1.2 billion net tariff headwind, Stellantis confirmed its full-year 2026 outlook: mid-single digit percentage net revenue growth, low-single digit AOI margin, and improved industrial free cash flow.
Analysis · STLA · Manufacturing
A strong second quarter underscored Stellantis's turnaround, with net revenues climbing 13% year-over-year to €43.5 billion, fueled by a 32% surge in North America. Net profit swung to a €0.3 billion gain from a €1.9 billion loss a year ago, while adjusted operating income more than tripled to €0.8 billion. Industrial free cash flow turned positive at €1.0 billion, a €1.0 billion improvement. The company reaffirmed its full-year 2026 guidance, signaling confidence in its trajectory despite an estimated €1.0–1.2 billion tariff headwind. The results show the FaSTLAne 2030 strategy gaining traction, particularly in North America where new product launches are boosting volumes and margins.
At the time of this filing, STLA was trading at $5.83 on NYSE in the Manufacturing sector, with a market capitalization of approximately $21.9B. The 52-week trading range was $5.25 to $12.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.