Mercedes‑Benz Group posted weaker results for the third quarter of 2025, with lower revenue and earnings across its main businesses.
Group revenue fell 7% to €32.14bn ($37.37bn), while EBIT declined 70% to €750m, reflecting reduced gross profitability and significant special charges.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Adjusted EBIT, which excludes legal, restructuring and M&A effects, decreased 17% to €2.09bn.
Net profit was down 31% to €1.19bn, equating to earnings per share of €1.22, a 33% drop.
Mercedes-Benz Group CEO Ola Källenius said: “Our third-quarter results are in line with our full-year guidance. Our biggest product and tech launch program is well on track: The new CLA and GLC mark the beginning of a series of new models across all segments and drive trains, tailored to specific market and customer needs. We remain focused on enhancing customer experience while driving efficiency across our company.”
Special items weighed on the quarter.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataLegal proceedings and related measures totalled €427m, up from €20m, largely recognised at Mercedes‑Benz Mobility, which provides vehicle financing, leasing and fleet management services.
The group said in connection with developments related to the UK’s motor finance redress scheme, other provisions were increased by a mid-three-digit million-euro amount in the third quarter of 2025.
Restructuring measures reached €876m that included expenses from the double voluntary workforce adjustment programme in Germany and optimisation programmes abroad
Mercedes‑Benz Cars revenue declined 7.3% to €23.74bn. Adjusted EBIT was €1.13bn, down from €1.20bn.
The division sold 441,453 vehicles in the quarter, with sales influenced by the market environment in China, tariff policies and careful stock management that affected group sales in the US market.
Mercedes‑Benz Vans revenue fell 13.2% to €4.04bn. Adjusted EBIT was €412m.
The unit sold 83,843 vehicles in Q3, including 8,579 electric vans, up 96%, resulting in a 10% global EV share and 14% in Europe.
Mercedes‑Benz Mobility’s revenue slipped 3.4% to €5.80bn. Adjusted EBIT improved to €313m from €285m.
Over the first nine months of 2025, group revenue decreased 8% to €98.52bn.
EBIT dropped 59% to €4.31bn, adjusted EBIT fell 35% to €6.63bn, and net profit halved to €3.87bn, with earnings per share down 49% to €3.91.
