Peugeot vs Volkswagen: Revenue, Profit and Business Model
Peugeot does not publish annual revenue. Volkswagen reported ~$363.8B of revenue in FY2025 and ~$7.5B of net income.
Latest financial snapshot
Peugeot
Peugeot does not publish annual revenue or profit.
Volkswagen
- Latest revenue
- ~$363.8B (FY2025)
- Net income
- ~$7.5B
- Net margin
- 2.1%
- Revenue growth
- +6.5% a year, FY2021–FY2025
Financial summary
Peugeot
Stellantis does not report Peugeot revenue or profit separately. At group level, Stellantis reported 2025 net revenues of ~$173 billion (€153.5 billion) (down 2%) and a ~$25.2 billion (€22.3 billion) net loss after ~$28.7 billion (€25.4 billion) of charges linked to scaling back EV plans. Revenues rose 6% to ~$43.1 billion (€38.1 billion) in Q1 2026, and Q2 2026 adjusted operating income was about $904 million (€0.8 billion) (1.8% margin). Peugeot's own 2025 volume was about 1,079,000 units, roughly 1% higher than 2024.
Volkswagen
Volkswagen Group reported ~$364 billion (EUR 321.9 billion) in 2025 sales revenue, slightly below ~$367 billion (EUR 324.7 billion) in 2024, and an operating result of ~$10.1 billion (EUR 8.9 billion), a 2.8% margin. Earnings were held down by U.S. tariffs, restructuring provisions, the cost of Porsche's product strategy change, and weaker results from the Chinese joint ventures. Deliveries were broadly stable at 8.984 million vehicles. The December 2024 agreement with IG Metall for the Volkswagen brand in Germany avoids compulsory redundancies but plans to cut more than 35,000 jobs by 2030 through attrition and early retirement, and to reduce German plant capacity. In the first half of 2026 sales revenue was about $179 billion (EUR 158.1 billion), roughly flat, while the operating result fell 11.6% to about $6.67 billion (EUR 5.9 billion) (3.8% margin). In September 2026 Volkswagen cut its full-year forecast to about $356 billion (EUR 315 billion) in sales revenue and an operating margin of up to 1%, citing China, a faster shift to EVs, a roughly $6.78 billion (EUR 6 billion) goodwill impairment on the Porsche segment, and extra restructuring and China impairments.
Revenue and profit by year
Peugeot
Peugeot does not publish annual revenue. What is known about its finances is in the summary above.
Full Peugeot financialsVolkswagen
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | ~$363.8B | ~$7.5B | 2.1% | -0.8% | Source |
| FY2024 | ~$366.9B | ~$12.1B | 3.3% | +0.7% | Source |
| FY2023 | ~$364.2B | ~$18B | 4.9% | +15.5% | Source |
| FY2022 | ~$315.3B | ~$16.8B | 5.3% | +11.5% | Source |
| FY2021 | ~$282.7B | ~$16.8B | 5.9% | — | Source |
Where the revenue comes from
Peugeot
- B-Segment & C-Segment Passenger Cars
High-volume compact hatchbacks and crossover SUVs, including the best-selling Peugeot 208, 2008, 308, and the fastback 408 across European and South American markets.
- Midsize Family & Flagship C-SUVs
Higher-margin long-wheelbase SUVs and electrified fastbacks, featuring the Peugeot 3008, 5008 7-seater, and 508 executive fastback and wagon.
- Light Commercial Vehicles (LCV)
Commercial fleet vans and utility chassis cabs, including the Peugeot Partner, Expert, and Boxer vans powering trade logistics and urban delivery.
- Aftersales, Parts & Connected Services
OEM replacement components through Stellantis Eurorepar, long-term fleet maintenance contracts, and over-the-air connected navigation software subscriptions.
Volkswagen
- Passenger vehicle sales
- Premium and luxury vehicle sales
- Commercial vehicles
- Parts and aftersales
- Financial services
- Leasing and fleet services
- Software and mobility services
Business model and strategy
Peugeot
How it makes money
Peugeot makes money by designing, building and selling passenger cars and light commercial vans, mainly in Europe, plus parts, servicing and financing through Stellantis.
Growth strategy
Under Alain Favey, Peugeot aims to grow from about 1.1 million to 1.5 million annual sales by 2030 with seven new models, including a next-generation 208 previewed by the Polygon concept and new C-segment models replacing the 308, 308 SW and 408.
Competitive advantage
Peugeot's edge is a recognisable design and interior (the i-Cockpit with a small steering wheel and raised instruments) combined with access to Stellantis's shared platforms, plants and purchasing. That lets it price above mass-market rivals while sharing development costs with Citroën, Opel and other group brands.
Volkswagen
How it makes money
Volkswagen earns most of its revenue by selling new cars, vans, trucks and buses through brand groups: Core (Volkswagen, Skoda, SEAT/CUPRA, Volkswagen Commercial Vehicles), Progressive (Audi, Bentley, Lamborghini, Ducati), Sport Luxury (Porsche) and TRATON (Scania, MAN, International, Volkswagen Truck & Bus).
Growth strategy
Volkswagen's growth strategy centers on cost reduction, platform simplification, brand accountability, premium profitability, China-specific EV development, battery and software investment, hybrid and combustion optimization where demand remains strong, and selective partnerships such as Rivian and XPeng.
Competitive advantage
Volkswagen's advantage is industrial scale plus brand breadth. Few competitors can cover entry-level European cars, global volume SUVs, Audi premium vehicles, Porsche sports cars, Lamborghini supercars, Bentley luxury cars, Ducati motorcycles, Scania and MAN trucks, and a major financial services arm. The purchasing leverage and installed dealer base are hard to replicate.
Questions about Peugeot vs Volkswagen
Which company has higher revenue — Peugeot or Volkswagen Aktiengesellschaft?
Volkswagen Aktiengesellschaft reported ~$363.8B (FY2025). A verified revenue figure for Peugeot was not available at the time of this comparison.
What is the market cap of Peugeot vs Volkswagen Aktiengesellschaft?
Volkswagen Aktiengesellschaft has a market capitalisation of $35.5B. A public market cap figure for Peugeot was not available (it may be privately held).
Which is more financially efficient — Peugeot or Volkswagen Aktiengesellschaft?
Volkswagen Aktiengesellschaft generates $549k / employee in revenue per employee. A comparable figure for Peugeot requires matching employee and revenue data from the same reporting period.
How do Peugeot and Volkswagen Aktiengesellschaft make money?
Peugeot and Volkswagen Aktiengesellschaft generate revenue in fundamentally different ways. Peugeot: Peugeot makes money by designing, building and selling passenger cars and light commercial vans, mainly in Europe, plus parts, servicing and financing through Stellantis. Volkswagen Aktiengesellschaft: Volkswagen earns most of its revenue by selling new cars, vans, trucks and buses through brand groups: Core (Volkswagen, Skoda, SEAT/CUPRA, Volkswagen Commercial Vehicles), Progressive (Audi, Bentley, Lamborghini, Ducati), Sport Luxury (Porsche) and TRATON (Scania, MAN, International, Volkswagen Truck & Bus).
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 Peugeot vs Volkswagen overview