Stellantis (STLA) Earnings Date & Reports

Key Takeaways

• Stellantis reported third-quarter 2026 net revenues of €37.6 billion, up 1% year over year and ahead of the roughly €36.4 billion consensus estimate.
• The net loss narrowed 90% to €453 million, while diluted earnings per share (EPS, profit or loss attributable to each outstanding share) improved to a €0.18 loss from a €1.57 loss a year earlier.
• Adjusted operating income (AOI, a non-GAAP profit measure that excludes one-time items) climbed to €256 million with a 0.7% margin, up 50 basis points (bps, or 0.50 percentage point), with every region except Enlarged Europe posting positive AOI.
• Industrial free cash flow improved year over year but remained deeply negative at a €4.0 billion outflow, wider than the roughly €3.4 billion outflow analysts had projected.
• Full-year 2026 guidance was reaffirmed, including an expectation for positive industrial free cash flow in 2027.
• For ongoing coverage of the company, explore Major News, Today's Price Move, Price Targets, and Forecast pages.
• Discover automated trading ideas and market opportunities with Trending AI Robots.

Earnings Context and Why It Matters

Stellantis, the Amsterdam-based automaker created by the 2021 merger of Fiat Chrysler Automobiles and PSA Group, is working through a demanding reset under CEO Antonio Filosa and its FaSTLAne 2030 plan. After a deeply loss-making 2025, the third quarter serves as an early test of whether cost discipline and a refreshed vehicle lineup can restore profitability. Investors are closely watching whether the Value Creation Program's €6 billion in run-rate efficiencies can offset pricing pressure, particularly in Europe, while North American dealer inventories are normalized. With the stock still down sharply year to date, each quarterly earnings release acts as a key sentiment catalyst for shareholders assessing the pace of the turnaround.

Reported Results

Stellantis posted net revenues of €37.61 billion for the third quarter of 2026, up 1% from €37.21 billion a year earlier and above the consensus estimate of roughly €36.4 billion. Revenue rose 3% in both Enlarged Europe and South America, while North America declined 3%, Middle East & Africa fell 19%, and Asia Pacific dropped 7%.

The net loss narrowed to €453 million from €4.53 billion in the prior-year period, reflecting the absence of significant items that had weighed on 2025 results. Diluted EPS improved to a €0.18 loss from a €1.57 loss. On an adjusted basis, diluted EPS was a €0.01 loss, compared with a €0.04 loss a year ago.

Adjusted operating income rose 184% to €256 million from €90 million, with an AOI margin of 0.7%, up 50 bps year over year. North America swung to a €64 million profit, while Enlarged Europe recorded a €311 million adjusted operating loss amid negative pricing and an unfavorable product mix. Industrial free cash flow improved to a €4.0 billion outflow from €4.3 billion, though it fell short of the roughly €3.4 billion outflow analysts expected. Industrial available liquidity closed at €42.7 billion, about 26% of trailing 12-month net revenues.

AI Screener

Tickeron's AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener is designed to help identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. If you are looking for a faster way to surface potential setups across the market, the AI Screener offers a practical starting point for your research.

Market Reaction and Investor Sentiment

Stellantis shares surged as much as 15% in midday trading following the report, as investors welcomed the narrower loss, the revenue beat, and the reaffirmed full-year outlook. The advance suggested that the market viewed the results as evidence that CEO Antonio Filosa's turnaround plan is gaining traction, even though the company still posted a net loss and negative industrial free cash flow for the quarter.

Sentiment remains cautious overall, however. The stock is still down roughly 57% year to date, and some analysts entered the report skeptical about the sustainability of the recovery. Concerns centered on the cash outflow required to restore competitiveness, potential destocking in the United States, and intense pricing competition in Europe from rivals including BYD, Volkswagen, and Renault.

Forward Outlook and Key Factors to Monitor

Management reaffirmed its full-year 2026 guidance, which calls for mid-single-digit percentage net revenue growth, a low-single-digit AOI margin, and improved industrial free cash flow. The company also reiterated its expectation of positive industrial free cash flow in 2027, a milestone investors will be watching closely.

For the fourth quarter, Stellantis anticipates higher consolidated shipment volumes, a broadly stable pricing environment, and a positive working-capital contribution from normal seasonality. It also flagged incremental cost headwinds from memory chips and recalls, while signaling that savings from the Value Creation Program should accelerate to roughly double the amount realized in the third quarter.

Key factors to monitor include the pace of U.S. dealer inventory reduction toward the targeted 320,000 to 350,000 units by year-end, the success of upcoming product launches, and whether European pricing stabilizes amid rising electric-vehicle competition. Full-year net tariff costs are estimated at approximately €1.0 billion, with about €0.6 billion incurred through September, a dynamic that could continue to pressure margins.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations