Volvo Car AB
Financial Performance
Volvo Cars Revenue & Financials
Revenue
~$35.7B (FY2025)
Net Income
~$17.4M
Employees
42,600
What is Volvo Cars's revenue?
Volvo Cars had ~$35.7B in revenue for fiscal year 2025, down 10.7% from 2024. Net income was ~$17.4M.
- Latest revenue
- ~$35.7B (FY2025)
- Year-over-year
- -10.7%
- Growth rate (CAGR)
- 6.1% over 4 years
- Peak revenue
- ~$40B (FY2024)
- Years of data
- 5
- Employees
- 42,600
- How much profit does Volvo Cars make?
- Volvo Cars reported net income of ~$17.4M for fiscal year 2025. stockanalysis.com
- How many employees does Volvo Cars have?
- Volvo Cars has about 42,600 employees.
Financial Analysis
Revenue fell from ~$40 billion (SEK 400.2 billion) in 2024 to ~$35.7 billion (SEK 357.3 billion) in 2025 as retail sales dropped to 710,000 cars. Adjusted EBIT was ~$1.25 billion (SEK 12.5 billion) (3.5% margin), but reported EBIT was about $30 million (SEK 0.3 billion) after charges including an ~$1.14 billion (SEK 11.4 billion) impairment, and the net result for the year was a loss of about $300 million (SEK 3.0 billion). Free cash flow was ~$240 million (SEK 2.4 billion) and the company ended 2025 with a net cash position of ~$2.69 billion (SEK 26.9 billion). In Q2 2026, revenue was ~$7.77 billion (SEK 77.7 billion) (~$9.35 billion (SEK 93.5 billion) a year earlier), EBIT was ~$80 million (SEK 0.8 billion) (1.1% margin) and retail sales were 171,501 cars, down 5.6%. The company said it reached its ~$500 million (SEK 5 billion) annual cost-saving target six months early.
Revenue Trend Analysis
YoY Change
-10.7%
4-Year CAGR
+6.1%
Peak Year
2024
Trend
Consistent Growth
Volvo Car AB has 5 full fiscal year figures on this page, compounding at +6.1% annually over 4 years. The most recent year saw a 10.7% decline versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$40B. Of 4 comparable year-over-year steps, 3 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2025 | ~$35.7B | ~$17.4M | -10.7% | Volvo Car AB annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2025-12-31. Net income shown is attributable to owners of the parent (basic EPS SEK 0.06); the group net result including non-controlling interests was a loss of about $300 million (SEK 3.0 billion). |
| FY2024 | ~$40B | ~$1.5B | +0.2% | Volvo Car AB annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2024-12-31. |
| FY2023 | ~$39.9B | ~$1.3B | +21.0% | Volvo Car AB annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2023-12-31. |
| FY2022 | ~$33B | ~$1.6B | +17.1% | Volvo Car AB annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2022-12-31. |
| FY2021 | ~$28.2B | ~$1.2B | — | Volvo Car AB annual reports, as compiled by S&P Global (via StockAnalysis) Fiscal year ended 2021-12-31. |
Click any row to see year details.
Keep researching Volvo Cars
Volvo Cars Revenue and Financial FAQ
What was Volvo Cars' 2025 revenue?
~$35.7 billion (SEK 357.3 billion), down from ~$40 billion (SEK 400.2 billion) in 2024.
What was Volvo Cars' operating income in 2025?
Adjusted EBIT was ~$1.25 billion (SEK 12.5 billion) (3.5% margin); reported EBIT was about $30 million (SEK 0.3 billion) after an ~$1.14 billion (SEK 11.4 billion) impairment and restructuring.
How did Volvo Cars do in Q2 2026?
Revenue was ~$7.77 billion (SEK 77.7 billion) against ~$9.35 billion (SEK 93.5 billion) a year earlier, and EBIT was ~$80 million (SEK 0.8 billion) (1.1% margin) compared with a loss of ~$1 billion (SEK 10.0 billion) in Q2 2025.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Volvo Cars Revenue & Financials." CorpDigest, https://corpdigest.com/company/volvo-cars/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>Volvo Cars reported ~$35.7B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/volvo-cars/financials" target="_blank" rel="noopener">CorpDigest — Volvo Cars financials</a></div>Related Financial Audits
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