Volvo Car AB (publ.) (STO:VOLCAR.B)

Volvo Car AB (publ.) Employees

Volvo Car AB (publ.) had 39,800 employees as of March 31, 2026. The number of employees decreased by 3,700 or -8.51% compared to the same quarter last year.

• Employees: 39,800
• Change: -3,700
• Growth: -8.51%
• Revenue / Employee: 8.34M SEK
• Profits / Employee: 235.47K SEK
• Market Cap: 55.94B

Employees Chart

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Employees History

Date	Employees	Change (1Y)	Growth (1Y)	Full-Time	Part-Time
Mar 31, 2026	39,800	-3,700	-8.51%	39,800	0
Dec 31, 2025	44,605	192	0.43%	40,470	4,135
Sep 30, 2025	43,000	400	0.94%	43,000	0
Jun 30, 2025	43,600	1,700	4.06%	43,600	0
Mar 31, 2025	43,500	1,500	3.57%	43,500	0
Dec 31, 2024	44,413	-176	-0.39%	40,729	3,684
Sep 30, 2024	42,600	-1,300	-2.96%	42,600	0
Jun 30, 2024	41,900	-2,000	-4.56%	41,900	0
Mar 31, 2024	42,000	-1,400	-3.23%	42,000	0
Dec 31, 2023	44,589	-1,756	-3.79%	40,497	4,092
Sep 30, 2023	43,900	1,600	3.78%	43,900	0
Jun 30, 2023	43,900	2,200	5.28%	43,900	0
Mar 31, 2023	43,400	1,500	3.58%	43,400	0
Dec 31, 2022	46,345	3,276	7.61%	42,730	3,615
Sep 30, 2022	42,300	1,900	4.70%	42,300	0
Jun 30, 2022	41,700	1,006	2.47%	41,700	0
Mar 31, 2022	41,900	1,769	4.41%	41,900	0

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Employee data is provided by S&P Global Market Intelligence and updates every three months after the filing of each quarterly report.

Update frequency:

Quarterly

Last checked:

Jul 16, 2026

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