Stellantis reported a 13% year-on-year increase in second-quarter net revenues to £37.3bn (€43.5bn), with improved sales in North America helping return the group to profit despite continued losses in its European operations.
Net profit reached £257.1m (€300m) in the quarter, while adjusted operating income was £685.8m (€800m), giving the group an adjusted operating margin of 1.8%.
Industrial free cash flow was (€1bn) in Q2 2026, improving by the same amount compared with Q2 2025, reflecting improved operating performance.
The company maintained its full-year 2026 financial guidance under its FaSTLAne 2030 strategy, although it now expects tariff-related costs of between £857m and £1.03bn (€1.2bn) for the year.
Stellantis said performance in H2 is expected to be weighted towards Q4 following summer production shutdowns and ongoing operational improvements.
Revenues in Enlarged Europe were flat, with the region the only major business to report a negative adjusted operating income margin of -0.6%.
EU30 sales increased 3% year-on-year, or 7% including Leapmotor volumes, although market share fell to 16.0% from 16.8% a year earlier.
Stellantis said growth was supported by its Smart Car range, the launch of the Fiat Grande Panda ICE, and continued demand across battery electric, hybrid and internal combustion models.
The group retained its leadership in the EU30 light commercial vehicle market with a 28.7% share, while Leapmotor sales increased sixfold year-on-year.
