Citroën vs Honda: Revenue, Profit and Business Model
A full-year revenue figure is unavailable here for Citroën. Honda had ~$146B of annual revenue in FY2026 and a net loss of ~$2.8B.
Latest financial snapshot
Financial summary
Citroën
Stellantis reports results by region, not by brand, so Citroën has no published revenue, profit or margin figures. The best public indicators are sales volumes: Citroën sold about 190,000 vehicles worldwide in Q1 2026 (+10%) and 373,700 in H1 2026 (+4.4%), with European share rising to 3.4%. The parent group posted 2025 net revenues of ~$173 billion (€153.5 billion) and a ~$25.2 billion (€22.3 billion) net loss after ~$28.7 billion (€25.4 billion) of unusual charges tied to resetting its electrification plans. Citroën's economics depend on platform sharing: the C3, C3 Aircross and their electric versions use the low-cost Smart Car platform also used by Opel and Fiat models.
Honda
Honda's revenue rose from ~$97.5 billion (JPY 14.55 trillion) in FY2022 to ~$145 billion (JPY 21.69 trillion) in FY2025 as a weaker yen and strong US hybrid demand lifted results. FY2026 revenue edged up to $146 billion (JPY 21.80 trillion), but EV charges of ~$10.6 billion (JPY 1.58 trillion) produced a ~$2.78 billion (JPY 414.3 billion) operating loss and a ~$2.84 billion (JPY 423.9 billion) net loss. Without those charges, adjusted operating profit was ~$6.97 billion (JPY 1.04 trillion). In Q1 FY2027 (April to June 2026) operating profit hit a record ~$3.56 billion (JPY 530.7 billion) and net profit was ~$3.02 billion (JPY 450.9 billion), and Honda raised its FY2027 net profit forecast to ~$2.68 billion (JPY 400 billion). Honda Motor Co., Ltd. is a monumental Japanese public multinational conglomerate, renowned globally and commanding a market valuation typically exceeding $50 billion.
Revenue and profit by year
Citroën
A revenue figure is unavailable here for Citroën. What is known about its finances is in the summary above.
Honda
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2026 | ~$146B | ~-$2.8B | -1.9% | +0.5% | Source |
| FY2025 | ~$145.3B | ~$5.6B | 3.9% | +6.2% | Source |
| FY2024 | ~$136.9B | ~$7.4B | 5.4% | +20.8% | Source |
| FY2023 | ~$113.3B | ~$4.4B | 3.9% | +16.2% | Source |
| FY2022 | ~$97.5B | ~$4.7B | 4.9% | +10.5% | Source |
| FY2021 | ~$88.2B | ~$4.4B | 5.0% | -11.8% | Source |
| FY2020 | ~$100B | ~$3.1B | 3.1% | -6.0% | Source |
| FY2019 | ~$106.5B | ~$4.1B | 3.8% | +3.4% | Source |
| FY2018 | ~$102.9B | ~$7.1B | 6.9% | +9.7% | Source |
| FY2017 | ~$93.8B | ~$4.1B | 4.4% | -4.1% | Source |
| FY2016 | ~$97.8B | ~$2.3B | 2.4% | — | Source |
Where the revenue comes from
Citroën
- B-Segment & Compact Cars (New C3, ë-C3, C4)
Not disclosed
High-volume sales of affordable electric, mild-hybrid, and petrol city hatchbacks.
- Compact Crossovers & SUVs (C3/C5 Aircross, C5 X)
Not disclosed
Family crossover SUVs offering Advanced Comfort seating and plug-in hybrid options.
- Light Commercial Vehicles (Berlingo, Jumpy)
Not disclosed
Commercial cargo delivery vans and multi-purpose vehicles for tradespeople.
- Urban Micro-Mobility & Subscriptions (Ami)
Not disclosed
Citroën Ami electric quadricycle sales, long-term monthly rentals, and fleet leases.
Honda
- Automobiles~65%
Passenger vehicles, hybrids, EVs, SUVs, parts, accessories, and related service revenue sold through global dealer networks.
- Motorcycles~17%
Motorcycles, scooters, parts, and related products sold globally, especially in Asia and other high-volume mobility markets.
- Financial Services~16%
Vehicle loans, leases, dealer financing, and related finance products that support automobile and motorcycle demand.
- Power Products and Other~2%
Power equipment, marine engines, aircraft-related activity, and other mobility-adjacent operations.
Business model and strategy
Citroën
How it makes money
Citroën is a mass-market, high-volume car brand within Stellantis and relies on the group's purchasing power and shared engineering. Inside the group it is positioned on accessible comfort: where Peugeot is pitched as more premium and sporty, Citroën builds cars with soft suspension and comfortable seats at competitive prices. It earns its revenue from volume rather than luxury margins.
Growth strategy
Citroën's growth strategy has three parts. In Europe, it competes on price and comfort with the ë-C3 (from about €23,300 at launch, with a sub-€20,000 version) and multi-energy versions of the same cars. In emerging markets, the C-Cubed programme builds low-cost C3, C3 Aircross and Basalt models locally in India and South America.
Competitive advantage
Citroën's advantage is shared scale. Using Stellantis platforms, engines and purchasing, it can sell electric and hybrid cars at prices a standalone brand of its size could not reach, while differentiating through comfort features and styling.
Honda
How it makes money
Honda earns money in four reportable segments. Automobiles (Honda and Acura cars and light trucks, led by the CR-V, Civic, Accord and hybrid e:HEV models) generate most revenue, with North America the largest profit market. Motorcycles generate high-volume, high-margin sales, especially in India, Indonesia, Vietnam and Brazil, and posted record profit in FY2026.
Growth strategy
Honda reset its electrification plan in 2026. In March it cancelled the US-built Honda 0 SUV, 0 Saloon and Acura RSX EVs, and in May it scrapped its 2030 and 2040 EV sales targets, including the goal of selling only battery-electric and fuel-cell vehicles by 2040. The new plan leans on hybrids, a next-generation e:HEV system, motorcycles in emerging markets, and more flexible EV timing.
Competitive advantage
Honda's edge comes from three things. It leads the global motorcycle market with roughly 40% unit share, which gives it a profit base most automakers lack. Its two-motor hybrid system is competitive in the markets where hybrid demand is growing fastest, especially the US.
Questions about Citroën vs Honda
Which company has higher revenue — Citroën or Honda Motor Co., Ltd.?
Honda Motor Co., Ltd. had ~$146B (FY2026). A comparable annual revenue figure for Citroën was unavailable here.
What is the market cap of Citroën vs Honda Motor Co., Ltd.?
Honda Motor Co., Ltd. has a market capitalisation of $50.3B. A public market cap figure for Citroën was not available (it may be privately held).
How does revenue per employee compare for Citroën and Honda Motor Co., Ltd.?
Honda Motor Co., Ltd. generates $748k / employee in revenue per employee. A comparable figure for Citroën requires matching employee and revenue data from the same reporting period.
How do Citroën and Honda Motor Co., Ltd. make money?
Citroën and Honda Motor Co., Ltd. generate revenue in fundamentally different ways. Citroën: Citroën is a mass-market, high-volume car brand within Stellantis and relies on the group's purchasing power and shared engineering. Honda Motor Co., Ltd.: Honda earns money in four reportable segments.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Citroën vs Honda overview