AB Volvo
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Explore Volvo Group
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AB Volvo
Compare market positioning with top industry peers
Explore Volvo Group
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$46.4B
Market Cap
$42.0B
Net Income
$3.4B
Employees
108,000
Volvo Group is functioning as one of the most technologically advanced and profitable commercial vehicle manufacturers in the world, extracting revenues from its dominant position in European heavy trucks, construction equipment, and marine propulsion systems. Under CEO Martin Lundstedt, the Swedish industrial giant generated exactly $55.0 billion in revenue and maintains a $42.0 billion market cap with exactly 108000 employees. The financial narrative in 2026 is entirely defined by extraordinary truck cycle profitability and electromobility investment; capitalizing on a still-strong European freight market, Volvo Group extracts wildly lucrative profitability from its Volvo Trucks and Renault Trucks brands while furiously investing in its differentiated battery-electric and hydrogen fuel cell heavy truck platforms.
Revenue Trend Analysis
YoY Change
-9%
2-Year CAGR
-5.5%
Peak Year
2023
Trend
Declining Trend
AB Volvo has reported revenue across 3 fiscal years, compounding at -5.5% annually over 2 years. The most recent year saw a 9% decline versus the prior year. Revenue peaked in 2023 at $52.0B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $46.4B | $3.4B | -9.0% |
| FY2024 | $51.0B | — | -1.9% |
| FY2023 | $52.0B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
AB Volvo reported approximately $55.0B in fiscal year 2025 with a team of 108,000 employees worldwide.
AB Volvo strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Commercial Vehicles, Construction Equipment, and Industrial Power Solutions is driven by steady cash generation and pricing power, enabling AB Volvo to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "AB Volvo Revenue & Financials." CorpDigest, https://corpdigest.com/company/volvo/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>AB Volvo reported $46B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/volvo/financials" target="_blank" rel="noopener">CorpDigest — AB Volvo financials</a></div>