Stellantis posts modest Q3 operating income but burns €4 billion
STLA•Stellantis reported adjusted third-quarter EBIT of €256 million, up from €90 million a year earlier, while industrial cash outflow reached €4 billion. Revenue was €37.6 billion, and the automaker confirmed its 2026 forecasts and target to return to positive cash flow in 2027.
1. Earnings and revenue
Stellantis said adjusted earnings before interest and taxes were €256 million in the July-to-September period, compared with €90 million a year earlier. The result was broadly in line with the €191 million analyst consensus cited in a poll. Revenue was little changed at €37.6 billion, with slight increases in Europe and South America and a 3% decline in North America.
2. Cash flow and targets
The automaker recorded a €4 billion industrial cash outflow in the quarter. Stellantis confirmed its 2026 forecasts and its target to return to positive cash flow generation in 2027. CEO Antonio Filosa said the cost-cutting program was on track to deliver at least 40% of its total €6 billion in run-rate efficiencies by year-end.
