Audi AG
Financial Performance
Audi Revenue & Financials
Revenue
~$74B (FY2025)
Net Income
~$5.2B
Employees
88,000
What is Audi's revenue?
Audi had ~$74B in revenue for fiscal year 2025, up 1.5% from 2024. Net income was ~$5.2B.
- Latest revenue
- ~$74B (FY2025)
- Year-over-year
- +1.5%
- Growth rate (CAGR)
- 1.4% over 7 years
- Peak revenue
- ~$78.9B (FY2023)
- Years of data
- 8
- Employees
- 88,000
- How much profit does Audi make?
- Audi reported net income of ~$5.2B for fiscal year 2025. audi.com
- How many employees does Audi have?
- Audi has about 88,000 employees.
Financial Analysis
Audi Group revenue was ~$74 billion (65,503 million euros) in 2025, up from 64,532 million in 2024, helped by a higher share of fully electric models and intragroup sales of Cupra vehicles built at the Audi plant in Gyor. Profitability moved the other way: operating profit fell to ~$3.81 billion (3,371 million euros) and the operating margin to 5.1 percent from 6.0 percent, against a 14 percent long-term target for the Brand Group Progressive. United States tariffs cost ~$1.36 billion (1.2 billion euros), with further charges for CO2 compliance provisions, the German agreement for the future, and the rescheduling of a shared group electric platform. Below the operating line the picture is stronger: the financial result rose to ~$2.49 billion (2,203 million euros), including 504 million from the China business, and profit after tax increased to ~$5.22 billion (4,617 million euros) from 4,189 million. Net cash flow rose 11.4 percent to ~$3.87 billion (3,422 million euros). Lamborghini remains the most profitable brand in the group, with ~$3.61 billion (3,197 million euros) of revenue and a 24.0 percent operating margin. As a premium subsidiary of the Volkswagen Group, Audi's standalone valuation is not traded publicly, but it serves as a primary profit driver for its parent company.
Revenue Trend Analysis
YoY Change
+1.5%
7-Year CAGR
+1.4%
Peak Year
2023
Trend
Mostly Growing
Audi AG has 8 full fiscal year figures on this page, compounding at +1.4% annually over 7 years. The most recent year saw a 1.5% increase versus the prior year. Annual revenue peaked in fiscal year 2023 at ~$78.9B. Of 7 comparable year-over-year steps, 4 showed growth and 3 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$74B | ~$5.2B | +1.5% | Audi Group annual results Audi Group revenue, calendar year 2025. Operating profit ~$3.81 billion (3,371 million euros), operating margin 5.1 percent; United States tariffs reduced the result by ~$1.36 billion (1.2 billion euros). |
| FY2024 | ~$72.9B | ~$4.7B | -7.6% | Audi Group annual results Audi Group revenue, calendar year 2024. Operating profit ~$4.41 billion (3,903 million euros), operating margin 6.0 percent. |
| FY2023 | ~$78.9B | ~$7.1B | +13.1% | Audi Group annual results Audi Group revenue, calendar year 2023, up 13.1 percent. Operating profit ~$7.1 billion (6,280 million euros), operating margin 9.0 percent. |
| FY2022 | ~$69.8B | ~$8B | +16.4% | Audi Group annual results Audi Group revenue, calendar year 2022. Operating profit ~$8.53 billion (7,550 million euros), operating margin 12.2 percent. |
| FY2021 | ~$60B | — | +6.2% | Audi Group multi-year comparison, investor relations Audi Group revenue, calendar year 2021. Operating profit ~$6.21 billion (5,498 million euros), return on sales 10.4 percent. |
| FY2020 | ~$56.5B | — | -10.2% | Audi Group multi-year comparison, investor relations Audi Group revenue, calendar year 2020. Operating profit ~$2.9 billion (2,569 million euros), return on sales 5.5 percent. |
| FY2019 | ~$62.9B | — | -6.0% | Audi Financial Report 2019 key figures Audi Group revenue, calendar year 2019, down 6.0 percent. Workforce averaged 90,783 for the year. |
| FY2018 | ~$67B | — | — | Audi Financial Report 2019 key figures Audi Group revenue, calendar year 2018. Workforce averaged 91,477 for the year. |
Click any row to see year details.
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Audi Revenue and Financial FAQ
What is AUDI AG's typical annual revenue scale?
Audi AG reported revenue of ~$74 billion (€65.5 billion) for fiscal year 2025, up from ~$72.9 billion (€64.5 billion) in fiscal 2024.
What is Audi's operating profit margin target benchmark?
Audi targets a 14 percent operating return on sales for the Brand Group Progressive over the long term. It came in at 5.1 percent in 2025, down from 6.0 percent in 2024, and guidance for 2026 is 6 to 8 percent.
What is the financial contribution of subsidiaries Lamborghini and Ducati to the Audi Group?
Lamborghini is the margin standout: ~$3.61 billion (3,197 million euros) of revenue and ~$868 million (768 million euros) of operating profit in 2025, a 24.0 percent margin. Bentley delivered ~$2.95 billion (2,615 million euros) of revenue at an 8.3 percent margin and Ducati ~$1.05 billion (925 million euros) at 5.6 percent. Together the three contributed ~$7.61 billion (6,737 million euros) of the group's ~$74 billion (65,503 million euros) of revenue.
How is Audi's vehicle delivery volume distributed across key geographic regions?
China, including Hong Kong, is Audi's largest single market, with 617,514 of 1,623,551 deliveries in 2025, about 38 percent. Europe excluding Germany took 486,724, Germany 206,290, North America excluding Mexico 202,143 and overseas and emerging markets 110,880.
What capital expenditure roadmap does Audi maintain for electrification?
Audi has committed tens of billions of euros in capital expenditures and R&D toward electrification and software, planning to launch more than 20 new models (over half fully electric) on PPE and MEB platforms.
What are the primary manufacturing cost drivers for Audi?
Major cost components include raw materials (lightweight aluminum, specialized high-strength steel, battery cathode minerals), semiconductor microchips, European manufacturing labor costs, and software development overhead via Cariad.
What is Audi's Net Cash Flow profile?
Net cash flow, which Audi uses as its measure of self-financing, was ~$3.87 billion (3,422 million euros) in 2025, up 11.4 percent on the 3,072 million of 2024. Guidance for 2026 is 3 to ~$4.52 billion (4 billion euros).
How are Audi's financial results consolidated in the stock market?
Volkswagen AG completed a squeeze-out of the remaining 0.36 percent of Audi shares in 2020, so AUDI AG is wholly owned by Volkswagen AG and no longer listed. Its results are consolidated into the Volkswagen Group accounts; the listed group securities trade as VOW and VOW3 on XETRA.
Is Audi profitable?
Yes, Audi consistently generates massive operating profits for the VW Group, heavily driven by the extreme global popularity of its high-margin Q-series SUVs.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Audi Revenue & Financials." CorpDigest, https://corpdigest.com/company/audi/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Audi reported ~$74B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/audi/financials" target="_blank" rel="noopener">CorpDigest — Audi financials</a></div>Related Financial Audits
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