Volvo Car AB (publ.) Balance Sheet

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
Cash & Equivalents	46,396	57,564	50,648	56,239	47,181	56,373	42,965	39,911	36,053	47,861	52,766	51,701	50,323	63,743	50,348	50,035	51,418	62,265	36,403	48,450
Short-Term Investments	167	1	-	-	-	-	565	4,011	10,009	9,918	-	-	-	3,415	8,895	7,204	7,283	7,996	5,003	5,140
Cash & Short-Term Investments	46,563	57,565	50,648	56,239	47,181	56,373	43,530	43,922	46,062	57,779	52,766	51,701	50,323	67,158	59,243	57,239	58,701	70,261	41,406	53,590
Cash Growth	-1.31%	2.11%	16.35%	28.04%	2.43%	-2.43%	-17.50%	-15.05%	-8.47%	-13.97%	-10.93%	-9.68%	-14.27%	-4.42%	43.08%	6.81%	-15.75%	0.83%	-	22.32%
Accounts Receivable	20,050	21,241	23,585	19,541	23,554	22,780	23,878	24,479	26,509	19,284	20,615	24,971	21,067	25,239	20,813	19,403	18,860	18,553	15,118	17,344
Other Receivables	1,670	8,441	2,118	1,880	1,403	9,452	2,342	2,057	1,141	10,524	2,531	2,641	1,994	11,461	1,566	1,252	1,137	7,275	1,496	1,044
Receivables	21,720	29,682	25,703	21,421	24,957	32,232	27,515	28,177	29,237	29,808	23,146	27,612	23,061	36,700	22,379	20,655	19,997	25,828	16,614	18,388
Inventory	71,074	59,024	64,274	66,989	64,876	62,455	78,711	82,603	72,684	57,058	59,843	55,401	50,819	46,951	48,621	43,564	41,024	36,603	36,105	40,418
Prepaid Expenses	-	6,568	-	-	-	6,947	-	-	-	9,570	-	-	-	5,805	-	-	-	4,532	-	-
Restricted Cash	-	39	-	-	-	120	-	-	-	752	-	-	-	736	-	-	-	4	-	-
Other Current Assets	19,318	4,923	19,556	18,074	17,401	485	15,429	15,983	14,335	1,988	25,534	24,166	18,527	1,769	15,013	13,891	13,882	4,734	15,159	14,491
Total Current Assets	158,675	157,801	160,181	162,723	154,415	158,612	165,185	170,685	162,318	156,955	161,289	158,880	142,730	159,119	145,256	135,349	133,604	141,962	109,284	126,887
Property, Plant & Equipment	103,610	99,391	98,496	100,110	102,343	107,124	97,734	94,871	89,952	84,113	85,445	84,464	81,382	77,252	75,503	74,198	72,542	71,415	64,893	63,917
Long-Term Investments	18,378	17,457	17,824	17,594	18,280	21,751	25,461	24,326	25,520	26,208	16,705	19,193	22,816	19,952	21,924	22,419	10,721	8,696	10,385	9,726
Other Intangible Assets	83,764	34,315	81,895	80,646	86,177	34,296	81,166	78,053	74,980	49,731	68,519	65,257	61,150	37,845	53,481	50,641	47,351	22,803	41,381	39,741
Long-Term Deferred Tax Assets	8,038	8,363	10,679	10,693	11,120	12,260	11,103	11,223	11,026	10,135	10,577	10,215	9,457	9,131	8,649	8,530	7,904	7,367	6,952	7,216
Long-Term Deferred Charges	-	48,650	-	-	-	49,485	-	-	-	22,373	-	-	-	19,149	-	-	-	21,037	-	-
Other Long-Term Assets	5,586	5,960	4,992	5,030	4,349	3,267	5,794	4,845	4,256	5,520	3,797	3,784	4,621	5,122	5,349	5,058	4,734	5,032	6,095	6,056
Total Assets	379,239	373,172	375,272	378,173	378,328	388,235	386,443	384,003	369,620	356,362	347,594	343,006	326,415	330,924	315,269	297,540	282,964	283,358	238,990	253,543
Accounts Payable	59,979	57,768	53,933	55,729	53,203	56,479	65,693	67,801	61,461	62,304	62,397	63,753	59,644	68,913	56,151	44,699	45,175	48,283	31,572	42,108
Accrued Expenses	-	28,955	-	-	-	35,436	-	-	-	33,434	-	-	-	28,494	-	-	-	23,065	-	-
Short-Term Debt	-	-	-	-	-	-	-	-	391	-	-	-	-	-	-	-	-	-	-	-
Current Portion of Long-Term Debt	2,596	2,430	4,328	5,034	4,942	7,096	24,414	6,911	13,596	7,597	7,732	7,886	1,298	2,755	2,712	2,607	6,542	4,471	8,450	8,542
Current Portion of Leases	-	1,562	-	-	-	2,176	1,853	1,392	1,345	1,266	1,229	1,338	1,411	1,515	1,452	1,435	1,397	1,477	1,318	1,247
Current Income Taxes Payable	1,474	1,322	1,976	1,572	2,330	1,246	1,098	1,339	1,738	1,607	1,378	1,379	1,405	1,566	1,393	1,468	1,353	1,402	627	911
Current Unearned Revenue	31,310	31,264	30,393	30,758	28,697	34,997	29,727	30,312	29,338	30,817	28,862	28,021	24,464	26,094	23,818	21,108	20,677	22,929	19,384	20,488
Other Current Liabilities	60,027	27,953	62,522	66,470	64,383	32,153	48,865	69,380	66,761	23,971	57,494	55,993	50,174	20,041	49,744	49,128	48,239	24,488	44,312	45,488
Total Current Liabilities	155,386	151,254	153,152	159,563	153,555	169,583	171,650	177,135	174,630	160,996	159,092	158,370	138,396	149,378	135,270	120,445	123,383	126,115	105,663	118,784
Long-Term Debt	33,703	28,414	35,063	35,465	30,297	22,933	25,057	22,645	17,533	22,653	21,186	21,586	28,105	26,055	25,970	25,880	19,087	20,944	20,880	20,874
Long-Term Leases	-	5,309	-	-	-	7,523	6,136	5,258	4,976	4,786	4,767	4,748	4,783	4,845	5,191	5,281	5,355	5,509	5,065	5,087
Long-Term Unearned Revenue	8,750	8,605	9,109	10,087	10,077	10,755	9,312	8,953	8,663	8,148	8,704	8,417	7,833	7,144	7,222	6,884	6,887	6,967	5,689	5,579
Pension & Post-Retirement Benefits	5,907	5,853	6,814	8,043	7,177	8,111	7,627	7,748	6,083	7,610	3,379	4,955	6,100	6,883	5,686	6,413	9,623	11,961	12,232	11,906
Long-Term Deferred Tax Liabilities	9,980	9,864	9,905	8,843	11,812	11,080	12,500	11,317	9,195	8,293	8,502	7,134	6,203	5,392	5,284	4,806	3,621	2,340	2,387	2,067
Other Long-Term Liabilities	15,417	15,495	15,091	15,896	15,600	16,051	11,124	13,248	14,364	13,391	14,052	14,455	13,714	13,949	15,139	14,903	14,403	15,010	15,203	16,056
Total Liabilities	229,143	224,794	229,134	237,897	228,518	246,036	243,406	246,304	235,444	225,877	219,682	219,665	205,134	213,646	199,762	184,612	182,359	188,846	167,119	180,353
Common Stock	149,673	61	143,213	136,910	145,690	61	138,361	132,902	129,641	61	123,806	119,472	117,592	61	111,730	109,496	96,518	61	67,632	64,269
Additional Paid-In Capital	-	40,106	-	-	-	40,106	-	-	-	40,106	-	-	-	40,106	-	-	-	40,107	-	-
Retained Earnings	-	101,347	-	-	-	95,045	-	-	-	80,096	-	-	-	68,353	-	-	-	49,601	-	-
Comprehensive Income & Other	-	5,565	-	-	-	2,249	-	-	-	6,108	-	-	-	5,427	-	-	-	416	-	-
Total Common Equity	149,673	147,079	143,213	136,910	145,690	137,461	138,361	132,902	129,641	126,371	123,806	119,472	117,592	113,947	111,730	109,496	96,518	90,185	67,632	64,269
Minority Interest	423	1,299	2,925	3,366	4,120	4,738	4,676	4,797	4,535	4,114	4,106	3,869	3,689	3,331	3,777	3,432	4,087	4,327	4,239	8,921
Shareholders' Equity	150,096	148,378	146,138	140,276	149,810	142,199	143,037	137,699	134,176	130,485	127,912	123,341	121,281	117,278	115,507	112,928	100,605	94,512	71,871	73,190
Total Liabilities & Equity	379,239	373,172	375,272	378,173	378,328	388,235	386,443	384,003	369,620	356,362	347,594	343,006	326,415	330,924	315,269	297,540	282,964	283,358	238,990	253,543
Total Debt	36,299	37,715	39,391	40,499	35,239	39,728	57,460	36,206	37,841	36,302	34,914	35,558	35,597	35,170	35,325	35,203	32,381	32,401	35,713	35,750
Net Cash (Debt)	10,264	19,850	11,257	15,740	11,942	16,645	-13,930	7,716	8,221	21,477	17,852	16,143	14,726	31,988	23,918	22,036	26,320	37,860	5,693	17,840
Net Cash Growth	-14.05%	19.25%	-	103.99%	45.26%	-22.50%	-	-52.20%	-44.17%	-32.86%	-25.36%	-26.74%	-44.05%	-15.51%	320.13%	23.52%	-10.26%	29.09%	-	210.91%
Net Cash Per Share	3.46	6.69	3.79	5.30	4.01	5.59	-4.68	2.59	2.76	7.21	5.99	5.42	4.94	10.74	8.03	7.40	8.83	13.43	2.23	6.98
Filing Date Shares Outstanding	2,965	2,965	2,965	2,970	2,975	2,975	2,975	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,500
Total Common Shares Outstanding	2,965	2,965	2,965	2,970	2,975	2,975	2,975	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,980	2,500
Working Capital	3,289	6,547	7,029	3,160	860	-10,971	-6,465	-6,450	-12,312	-4,041	2,197	510	4,334	9,741	9,986	14,904	10,221	15,847	3,621	8,103
Book Value Per Share	50.49	49.61	48.31	46.10	48.97	46.21	46.50	44.61	43.51	42.41	41.55	40.10	39.47	38.24	37.50	36.75	32.39	30.27	22.70	1285.38
Tangible Book Value	65,909	112,764	61,318	56,264	59,513	103,165	57,195	54,849	54,661	76,640	55,287	54,215	56,442	76,102	58,249	58,855	49,167	67,382	26,251	24,528
Tangible Book Value Per Share	22.23	38.04	20.68	18.94	20.01	34.68	19.22	18.41	18.35	25.72	18.56	18.20	18.94	25.54	19.55	19.75	16.50	22.62	8.81	490.56
Buildings	-	33,329	-	-	-	33,422	-	-	-	30,045	-	-	-	27,151	-	-	-	24,959	-	-
Machinery	-	128,211	-	-	-	127,481	-	-	-	112,832	-	-	-	114,590	-	-	-	110,086	-	-
Construction In Progress	-	25,493	-	-	-	18,863	-	-	-	12,755	-	-	-	7,813	-	-	-	4,274	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.