Bayerische Motoren Werke AG
Financial Performance
BMW Revenue & Financials
Revenue
~$150.8B (FY2025)
Market Cap
$39.8B
Net Income
~$8.2B
Employees
154,540
What is BMW's revenue?
BMW had ~$150.8B in revenue for fiscal year 2025, down 6.3% from 2024. Net income was ~$8.2B.
- Latest revenue
- ~$150.8B (FY2025)
- Year-over-year
- -6.3%
- Growth rate (CAGR)
- 4.2% over 6 years
- Peak revenue
- ~$175.7B (FY2023)
- Years of data
- 7
- Employees
- 154,540
- How much profit does BMW make?
- BMW reported net income of ~$8.2B for fiscal year 2025. press.bmwgroup.com
- How many employees does BMW have?
- BMW has about 154,540 employees.
Financial Analysis
BMW's financial story has turned from peak to reset in three years. Revenue reached ~$176 billion (EUR155.5 billion) in 2023 with a 9.8% automotive EBIT margin, then fell to ~$161 billion (EUR142.4 billion) in 2024 and ~$151 billion (EUR133.5 billion) in 2025 as China pricing, tariffs and currency weighed. Group profit before tax still stayed above ~$11.3 billion (EUR10 billion) in 2025 (~$11.6 billion (EUR10.236 billion), 7.7% margin), helped by ~$2.82 billion (EUR2.5 billion) of cost cuts and a stable Financial Services business. 2026 is weaker: H1 revenue fell 8.0% to ~$70.4 billion (EUR62.3 billion), Group EBT dropped 29.4% to ~$4.52 billion (EUR4.0 billion), and BMW now guides to a 1-3% automotive EBIT margin and automotive free cash flow above ~$2.82 billion (EUR2.5 billion). Shareholder returns continue through a EUR4.40 dividend for 2025 and a ~$2.26 billion (EUR2 billion) buyback due to finish by November 2026. BMW (Bayerische Motoren Werke) is a leading global luxury automaker, maintaining a market valuation of roughly $70 billion.
Revenue Trend Analysis
YoY Change
-6.3%
6-Year CAGR
+4.2%
Peak Year
2023
Trend
Mostly Growing
Bayerische Motoren Werke AG has 7 full fiscal year figures on this page, compounding at +4.2% annually over 6 years. The most recent year saw a 6.3% decline versus the prior year. Annual revenue peaked in fiscal year 2023 at ~$175.7B. Of 6 comparable year-over-year steps, 3 showed growth and 3 showed a decline.
Annual revenue history
Click any row to see year details.
Keep researching BMW
BMW Revenue and Financial FAQ
What were BMW Group's 2025 financial results?
BMW Group revenue was ~$151 billion (EUR133.453 billion) in 2025 (-6.3%; -3.9% adjusted for currency). Group profit before tax was ~$11.6 billion (EUR10.236 billion), a 7.7% EBT margin in line with 2024, and net profit was ~$8.42 billion (EUR7.451 billion). Earnings per ordinary share were EUR11.89.
How did BMW perform in the first half of 2026?
H1 2026 revenue fell 8.0% to ~$70.4 billion (EUR62.266 billion) and Group profit before tax fell 29.4% to ~$4.57 billion (EUR4.045 billion), a 6.5% EBT margin. Q2 alone produced ~$1.92 billion (EUR1.697 billion) of EBT, down 35.1%, as China deliveries dropped 30.2%.
What is BMW's Automotive EBIT margin?
The Automotive segment EBIT margin was 5.3% in 2025, down from 6.3% in 2024 and 9.8% in 2023; tariffs cost about 1.5 points. It fell to 2.3% in Q2 2026, and BMW's 2026 guidance, cut in June, is 1-3% including up to 1.25 points of restructuring cost.
How many electric cars did BMW sell in 2025?
BMW Group delivered 442,056 fully electric cars in 2025 (+3.6%), 17.9% of total sales. Including plug-in hybrids, electrified deliveries reached 642,071, about one in four cars sold.
What dividend does BMW pay?
For 2025 BMW's boards proposed EUR4.40 per ordinary share and EUR4.42 per preferred share to the AGM on 13 May 2026. The total of about $3.02 billion (EUR2.67 billion) equals a 36.6% payout ratio, at the top of BMW's 30-40% target range.
How much does BMW spend on R&D and capital expenditure?
R&D spending was ~$9.4 billion (EUR8.319 billion) in 2025 (6.2% of revenue), down from ~$10.3 billion (EUR9.078 billion) in 2024. Capital expenditure fell 20.1% to ~$8.18 billion (EUR7.237 billion). Both kept falling in H1 2026, with capex down 30.5%.
What free cash flow does BMW generate?
Automotive free cash flow was ~$3.66 billion (EUR3.240 billion) in 2025, down from ~$5.48 billion (EUR4.852 billion) in 2024. BMW targets more than $2.82 billion (EUR2.5 billion) for 2026 and at least ~$7.91 billion (EUR7 billion) once its margin returns to the 8-10% range, which it aims for by the start of the next decade.
Is BMW buying back shares?
Yes. Under an authorisation from the May 2025 AGM, BMW runs a third buyback programme of up to $2.26 billion (EUR2 billion). The final tranche began on 1 July 2026 and is due to finish by 30 November 2026, five months ahead of the original schedule.
Is BMW profitable?
Yes, BMW is incredibly profitable, consistently defending its massive operating margins by strictly focusing on premium vehicles rather than competing in the low-margin, mass-market economy car segment.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "BMW Revenue & Financials." CorpDigest, https://corpdigest.com/company/bmw/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>BMW reported ~$150.8B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/bmw/financials" target="_blank" rel="noopener">CorpDigest — BMW financials</a></div>Related Financial Audits
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