Automotive conglomerate Stellantis posted its first-ever annual loss last year as it scaled back its electric-vehicle plans.
Revenue was down 2% to EU€153.51 billion. Its loss per share was €0.42, falling from earnings of €2.48 per share the prior year.
“Our 2025 full year results reflect the cost of over-estimating the pace of the energy transition and of the need to reset our business around our customers’ freedom to choose from the full range of electric, hybrid and internal combustion technologies,” said CEO Antonio Filosa.
“In the second half of the year we began to see initial, positive signs of progress with the early results of our drive to improve quality, strong execution of the launches of our new product wave and a return to top line growth. In 2026 our focus will be on continuing to close the execution gaps of the past, adding further momentum to our return to profitable growth.”
The company said earlier this month that it would take €22.2 billion in charges from winding back its EV ambitions. Last year, it scrapped its goal to sell only fully electric cars in Europe by 2030.
These charges also include plans to reduce its workforce in Europe.
Shipments for all its brands, including Jeep, Peugeot, and Fiat, rose by 1% during the year with growth across regions. Inventory was 1.28 million units at the end of 2025, up from 1.25 million in September and 1.19 million in December 2025.
Its adjusted operating loss was €842 million, plummeting from income of €8.65 billion. Industrial free cash flow was a loss of €4.53 billion, improving from a loss of €6.05 billion.
Despite the annual decline, revenue in 2025’s second half rose 10% year-over-year to €79.25 billion. Stellantis’ loss per share last half was €0.60, down from earnings of €0.08.
Its guidance for fiscal 2026 projects a mid-single digit percentage increase in revenues, with improving industrial free cash flow. It also predicts costs from United States tariffs will climb to €1.6 billion, up from €1.2 billion in 2025.
Stellantis (MIL: STLAM) shares closed 4.2% higher at €6.78. Its market capitalisation is €19.47 billion.
