What was AB Volvo's revenue in 2023?

AB Volvo reported $49.9B in revenue for fiscal year 2023. This represents a +17.1% change compared to 2022.

How did AB Volvo's revenue change from 2022 to 2023?

AB Volvo revenue grew from $42.6B in 2022 to $49.9B in 2023, a change of 17.1%.

Was 2023 AB Volvo's best revenue year?

No. AB Volvo's highest recorded revenue year was 2024 at $51.0B. In 2023, AB Volvo reported $49.9B.

What was AB Volvo's highest ever annual revenue?

AB Volvo's highest ever annual revenue was $51.0B recorded in fiscal year 2024.

AB Volvo Revenue in 2023: $49.9B | CorpDigest

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AB Volvo

Commercial Vehicles and Construction EquipmentFounded 1927- Updated July 2025

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.

CorpDigest

Year	Revenue	Net Income	YoY Change
FY2024	$51.0B	$5.5B	+2.2%
FY2023	$49.9B	—	+17.1%
FY2022	$42.6B	—	—

Year	Revenue	Net Income	YoY Change
FY2024	$51.0B	$5.5B	+2.2%
FY2023	$49.9B	—	+17.1%
FY2022	$42.6B	—	—

AB Volvo Revenue in 2023

Revenue by Year

AB Volvo Annual Revenue History

AB Volvo Revenue in 2023

Revenue by Year

AB Volvo Annual Revenue History