How did Mercedes-Benz Group AG's revenue change from 2022 to 2023?

Mercedes-Benz Group AG revenue grew from $162.0B in 2022 to $164.6B in 2023, a change of 1.6%.

Was 2023 Mercedes-Benz Group AG's best revenue year?

Yes — 2023 was Mercedes-Benz Group AG's highest recorded revenue year at $164.6B, the peak across all 5 years of available data.

What was Mercedes-Benz Group AG's highest ever annual revenue?

Mercedes-Benz Group AG's highest ever annual revenue was $164.6B recorded in fiscal year 2023.

Mercedes-Benz Group AG Revenue in 2023: $164.6B | CorpDigest

Q: What was Mercedes-Benz Group AG's revenue in 2023?

Mercedes-Benz Group AG reported $164.6B in revenue for fiscal year 2023. This represents a +1.6% change compared to 2022.

FY2023 Revenue

$164.6B

▲ 1.6% vs FY2022 ($162.0B)

Mercedes-Benz Group AG reported $164.6B in revenue for fiscal year 2023. This represents a growth of 1.6% compared to the 2022 figure of $162.0B. In 2024, revenue declined to $157.2B.

Revenue by Year

FY2025 FY2024 FY2023 FY2022 FY2021

Mercedes-Benz Group AG Annual Revenue History

Year	Revenue	Net Income	YoY Change
FY2025	$142.8B	$5.8B	-9.2%
FY2024	$157.2B	—	-4.5%
FY2023	$164.6B	—	+1.6%
FY2022	$162.0B	—	+12.0%
FY2021	$144.6B	—	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.