Mercedes-Benz Group AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	132,214	145,594	152,390	150,017	133,893
Revenue Growth (YoY)	-9.19%	-4.46%	1.58%	12.04%	9.95%
Cost of Revenue	109,881	117,018	117,386	115,997	103,218
Gross Profit	22,333	28,576	35,004	34,020	30,675
Selling, General & Admin	12,195	12,522	13,041	12,066	12,002
Research & Development	6,055	5,580	6,230	5,602	5,467
Other Operating Expenses	-1,737	-3,125	-3,927	-4,106	-2,822
Total Operating Expenses	16,513	14,977	15,344	13,562	14,647
Operating Income	5,820	13,599	19,660	20,458	16,028
Interest Income	623	738	678	273	212
Interest Expense	-159	-190	-254	-427	-429
Total Non-Operating Income (Expense)	464	548	424	-154	-217
Pretax Income	6,284	14,147	20,084	20,304	15,811
Provision for Income Taxes	953	3,738	5,553	5,495	4,761
Net Income	5,141	10,207	14,261	14,501	23,006
Minority Interest in Earnings	190	202	270	308	390
Earnings From Discontinued Operations	-	-	-	-	12,346
Net Income to Common	5,141	10,207	14,261	14,501	23,006
Net Income Growth	-49.63%	-28.43%	-1.65%	-36.97%	534.30%
Shares Outstanding (Basic)	962	1,002	1,060	1,070	1,070
Shares Outstanding (Diluted)	962	1,002	1,060	1,070	1,070
Shares Change (YoY)	-3.95%	-5.44%	-0.95%	-	-
EPS (Basic)	5.34	10.19	13.46	13.55	21.50
EPS (Diluted)	5.34	10.19	13.46	13.55	21.50
EPS Growth	-47.60%	-24.29%	-0.66%	-36.98%	534.22%
Shares Outstanding	957.33	962.9	1,041	1,070	1,070
Free Cash Flow	12,524	13,696	10,725	13,413	19,970
Free Cash Flow Growth	-8.56%	27.70%	-20.04%	-32.83%	20.37%
Free Cash Flow Per Share	13.01	13.67	10.12	12.54	18.67
Dividends Per Share	3.500	4.300	5.300	5.200	5.000
Dividend Growth	-18.61%	-18.87%	1.92%	4.00%	270.37%
Gross Margin	16.89%	19.63%	22.97%	22.68%	22.91%
Operating Margin	4.40%	9.34%	12.90%	13.64%	11.97%
Profit Margin	4.03%	7.15%	9.54%	9.87%	8.25%
FCF Margin	9.47%	9.41%	7.04%	8.94%	14.91%
EBITDA	13,043	20,371	26,323	26,979	23,008
EBITDA Margin	9.87%	13.99%	17.27%	17.98%	17.18%
EBIT	5,820	13,599	19,660	20,458	16,028
EBIT Margin	4.40%	9.34%	12.90%	13.64%	11.97%
Effective Tax Rate	15.17%	26.42%	27.65%	27.06%	30.11%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.