Volvo Car AB (publ.) (STO:VOLCAR.B)
Sweden · Delayed Price · Currency is SEK 22.08
+0.01 (0.05%)
At close: May 8, 2026
Volvo Car AB (publ.) Income Statement
Financials in millions SEK. Fiscal year is January - December.
Millions SEK. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 72,616 | 94,384 | 86,439 | 93,492 | 82,948 | 112,119 | 92,783 | 101,454 | 93,878 | 109,441 | 92,045 | 102,152 | 95,705 | 105,247 | 79,329 | 71,300 | 74,269 | 80,076 | 60,838 | 72,538 | |
Revenue Growth (YoY) | -12.46% | -15.82% | -6.84% | -7.85% | -11.64% | 2.45% | 0.80% | -0.68% | -1.91% | 3.98% | 16.03% | 43.27% | 28.86% | 31.43% | 30.39% | -1.71% | 8.28% | -6.14% | -7.49% | 29.81% |
Cost of Revenue | 59,170 | 79,403 | 68,844 | 80,903 | 67,855 | 92,996 | 73,747 | 78,272 | 75,806 | 86,415 | 73,968 | 82,733 | 78,606 | 88,413 | 65,612 | 57,204 | 58,555 | 63,413 | 47,019 | 56,383 |
Gross Profit | 13,446 | 14,981 | 17,595 | 12,589 | 15,093 | 19,123 | 19,036 | 23,182 | 18,072 | 23,026 | 18,077 | 19,419 | 17,099 | 16,834 | 13,717 | 14,096 | 15,714 | 16,663 | 13,819 | 16,155 |
Selling, General & Admin | 7,264 | 8,570 | 7,267 | 9,651 | 8,201 | 9,536 | 9,624 | 9,731 | 8,556 | 10,439 | 9,521 | 10,081 | 8,554 | 9,785 | 8,019 | 7,495 | 7,186 | 8,213 | 7,490 | 6,907 |
Research & Development | 4,958 | 4,816 | 4,060 | 12,935 | 4,256 | 5,028 | 3,403 | 4,725 | 3,827 | 3,714 | 2,909 | 3,383 | 2,878 | 2,549 | 2,817 | 2,918 | 3,230 | 3,182 | 2,599 | 3,515 |
Other Operating Expenses | -222 | -1,796 | 12 | 191 | 762 | -1,357 | 299 | 510 | -1,106 | 654 | -501 | -472 | -648 | 1,384 | -632 | -929 | -579 | 1,401 | -586 | 19 |
Operating Expenses | 12,000 | 11,590 | 11,339 | 22,777 | 13,219 | 13,207 | 13,326 | 14,966 | 11,277 | 14,807 | 11,929 | 12,992 | 10,784 | 13,718 | 10,204 | 9,484 | 9,837 | 12,796 | 9,503 | 10,441 |
Operating Income | 1,446 | 3,391 | 6,256 | -10,188 | 1,874 | 5,916 | 5,710 | 8,216 | 6,795 | 8,219 | 6,148 | 6,427 | 6,315 | 3,116 | 3,513 | 4,612 | 5,877 | 3,867 | 4,316 | 5,714 |
Interest Expense | -331 | -2,055 | -453 | -279 | -232 | -1,504 | -385 | -602 | -444 | -1,155 | -290 | -192 | -200 | -436 | -192 | -212 | -205 | -214 | -666 | -642 |
Interest & Investment Income | 434 | 872 | 500 | 474 | 463 | 968 | 479 | 590 | 681 | 1,036 | 658 | 598 | 499 | 337 | 211 | 139 | 165 | 1,518 | 429 | 195 |
Earnings From Equity Investments | 170 | 179 | 178 | 232 | 65 | -2,466 | 80 | -247 | -2,089 | -1,289 | -1,690 | -1,434 | -1,215 | -444 | -1,463 | 6,189 | 161 | -1,960 | -987 | -899 |
Currency Exchange Gain (Loss) | - | -1,571 | - | - | - | 487 | - | - | - | -1,570 | - | - | - | 888 | - | - | - | 1,821 | - | - |
Other Non Operating Income (Expenses) | 162 | 1,029 | -288 | -301 | -699 | 344 | 170 | -135 | 155 | 334 | -104 | -26 | -15 | 506 | -152 | -729 | -215 | -440 | - | - |
EBT Excluding Unusual Items | 1,881 | 1,845 | 6,193 | -10,062 | 1,471 | 3,745 | 6,054 | 7,822 | 5,098 | 5,575 | 4,722 | 5,373 | 5,384 | 3,967 | 1,917 | 9,999 | 5,783 | 4,592 | 3,092 | 4,368 |
Merger & Restructuring Charges | - | -82 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Impairment of Goodwill | - | -76 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | -822 | - | - | - | -901 | - | - |
Asset Writedown | - | 45 | - | - | - | - | - | - | - | -194 | - | - | - | -29 | - | - | - | - | - | - |
Pretax Income | 1,881 | 1,732 | 6,193 | -10,062 | 1,471 | 3,745 | 6,054 | 7,822 | 5,098 | 5,381 | 4,722 | 5,373 | 5,384 | 3,116 | 1,917 | 9,999 | 5,783 | 3,691 | 3,092 | 4,368 |
Income Tax Expense | 1,158 | 2,082 | 1,682 | -1,958 | 496 | 1,408 | 1,698 | 2,168 | 1,511 | 2,049 | 1,503 | 1,833 | 1,409 | 259 | 1,252 | 1,021 | 1,280 | 1,433 | 800 | 1,204 |
Earnings From Continuing Operations | 723 | -350 | 4,511 | -8,104 | 975 | 2,337 | 4,356 | 5,654 | 3,587 | 3,332 | 3,219 | 3,540 | 3,975 | 2,857 | 665 | 8,978 | 4,503 | 2,258 | 2,292 | 3,164 |
Minority Interest in Earnings | 887 | 1,637 | 684 | 592 | 229 | 166 | -148 | -306 | -245 | -223 | -218 | -208 | -364 | -401 | -332 | -43 | -650 | -143 | -105 | -662 |
Net Income | 1,610 | 1,287 | 5,195 | -7,512 | 1,204 | 2,503 | 4,208 | 5,348 | 3,342 | 3,109 | 3,001 | 3,332 | 3,611 | 2,456 | 333 | 8,935 | 3,853 | 2,115 | 2,187 | 2,502 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 266 | 32 | 31 |
Net Income to Common | 1,610 | 1,287 | 5,195 | -7,512 | 1,204 | 2,503 | 4,208 | 5,348 | 3,342 | 3,109 | 3,001 | 3,332 | 3,611 | 2,456 | 333 | 8,935 | 3,853 | 1,849 | 2,155 | 2,471 |
Net Income Growth | 33.72% | -48.58% | 23.46% | - | -63.97% | -19.49% | 40.22% | 60.50% | -7.45% | 26.59% | 801.20% | -62.71% | -6.28% | 16.12% | -84.77% | 257.11% | -32.90% | -56.17% | -20.36% | - |
Shares Outstanding (Basic) | 2,965 | 2,965 | 2,965 | 2,970 | 2,975 | 2,974 | 2,975 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,820 | 2,500 | 2,500 |
Shares Outstanding (Diluted) | 2,968 | 2,967 | 2,967 | 2,971 | 2,977 | 2,976 | 2,978 | 2,982 | 2,981 | 2,981 | 2,981 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,980 | 2,820 | 2,557 | 2,557 |
Shares Change (YoY) | -0.30% | -0.28% | -0.36% | -0.36% | -0.15% | -0.17% | -0.10% | 0.06% | 0.04% | 0.03% | 0.04% | 0.01% | 0.01% | 5.67% | 16.53% | 16.53% | 16.53% | -72.02% | 4900.00% | 5013.88% |
EPS (Basic) | 0.54 | 0.43 | 1.75 | -2.53 | 0.40 | 0.84 | 1.41 | 1.79 | 1.12 | 1.04 | 1.01 | 1.12 | 1.21 | 0.82 | 0.11 | 3.00 | 1.29 | 0.66 | 0.86 | 0.99 |
EPS (Diluted) | 0.54 | 0.43 | 1.75 | -2.53 | 0.40 | 0.84 | 1.41 | 1.79 | 1.12 | 1.04 | 1.01 | 1.12 | 1.21 | 0.82 | 0.11 | 3.00 | 1.29 | 0.62 | 0.86 | 0.98 |
EPS Growth | 35.00% | -48.61% | 24.11% | - | -64.29% | -19.42% | 39.99% | 60.07% | -7.44% | 26.17% | 815.64% | -62.71% | -6.20% | 33.10% | -87.14% | 206.46% | -42.56% | 27.27% | -98.41% | - |
Free Cash Flow | -6,692 | 9,942 | -2,235 | 11,332 | -7,240 | 18,036 | 4,121 | 6,465 | -6,509 | 13,644 | 6,922 | 12,158 | -8,342 | 12,017 | 10,603 | 5,192 | -7,997 | 25,704 | -4,064 | 2,708 |
Free Cash Flow Per Share | -2.25 | 3.35 | -0.75 | 3.81 | -2.43 | 6.06 | 1.38 | 2.17 | -2.18 | 4.58 | 2.32 | 4.08 | -2.80 | 4.03 | 3.56 | 1.74 | -2.68 | 9.12 | -1.59 | 1.06 |
Gross Margin | 18.52% | 15.87% | 20.36% | 13.46% | 18.20% | 17.06% | 20.52% | 22.85% | 19.25% | 21.04% | 19.64% | 19.01% | 17.87% | 16.00% | 17.29% | 19.77% | 21.16% | 20.81% | 22.71% | 22.27% |
Operating Margin | 1.99% | 3.59% | 7.24% | -10.90% | 2.26% | 5.28% | 6.15% | 8.10% | 7.24% | 7.51% | 6.68% | 6.29% | 6.60% | 2.96% | 4.43% | 6.47% | 7.91% | 4.83% | 7.09% | 7.88% |
Profit Margin | 2.22% | 1.36% | 6.01% | -8.04% | 1.45% | 2.23% | 4.54% | 5.27% | 3.56% | 2.84% | 3.26% | 3.26% | 3.77% | 2.33% | 0.42% | 12.53% | 5.19% | 2.31% | 3.54% | 3.41% |
Free Cash Flow Margin | -9.22% | 10.53% | -2.59% | 12.12% | -8.73% | 16.09% | 4.44% | 6.37% | -6.93% | 12.47% | 7.52% | 11.90% | -8.72% | 11.42% | 13.37% | 7.28% | -10.77% | 32.10% | -6.68% | 3.73% |
EBITDA | 5,233 | 7,298 | 10,396 | -6,208 | 5,617 | 7,475 | 9,257 | 12,053 | 10,141 | 9,276 | 9,175 | 9,462 | 9,284 | 3,232 | 6,405 | 7,503 | 8,678 | 4,072 | 7,024 | 8,060 |
EBITDA Margin | 7.21% | 7.73% | 12.03% | -6.64% | 6.77% | 6.67% | 9.98% | 11.88% | 10.80% | 8.48% | 9.97% | 9.26% | 9.70% | 3.07% | 8.07% | 10.52% | 11.68% | 5.08% | 11.54% | 11.11% |
D&A For EBITDA | 3,787 | 3,907 | 4,140 | 3,980 | 3,743 | 1,559 | 3,547 | 3,837 | 3,346 | 1,057 | 3,027 | 3,035 | 2,969 | 116 | 2,892 | 2,891 | 2,801 | 205 | 2,708 | 2,346 |
EBIT | 1,446 | 3,391 | 6,256 | -10,188 | 1,874 | 5,916 | 5,710 | 8,216 | 6,795 | 8,219 | 6,148 | 6,427 | 6,315 | 3,116 | 3,513 | 4,612 | 5,877 | 3,867 | 4,316 | 5,714 |
EBIT Margin | 1.99% | 3.59% | 7.24% | -10.90% | 2.26% | 5.28% | 6.15% | 8.10% | 7.24% | 7.51% | 6.68% | 6.29% | 6.60% | 2.96% | 4.43% | 6.47% | 7.91% | 4.83% | 7.09% | 7.88% |
Effective Tax Rate | 61.56% | 120.21% | 27.16% | - | 33.72% | 37.60% | 28.05% | 27.72% | 29.64% | 38.08% | 31.83% | 34.12% | 26.17% | 8.31% | 65.31% | 10.21% | 22.13% | 38.82% | 25.87% | 27.56% |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.