Stellantis third quarter loss narrows, cash burn continues

Stellantis reported third quarter net revenues of 37.6 billion euros, up 1 percent from a year earlier, and a net loss of 0.5 billion euros, a 90 percent improvement on the prior year, while industrial free cash flow stayed negative at minus 4.0 billion euros.

Why it matters: The turnaround is narrowing the loss without yet stopping the cash drain: adjusted operating margin was just 0.7 percent and shipments fell 1 percent, so the reaffirmed 2026 guidance rests on the final quarter delivering the positive cash flow the first nine months have not.

Data as of Stellantis N.V. Form 6-K of October 28, 2026 (accession 0001605484-26-000090), exhibit 99.1 third quarter press release, read in full in this run from the locally cached filing text. All figures are the company's own and are stated by the company to be unaudited. Developing item.

Stellantis said third quarter net revenues rose 1 percent to 37.6 billion euros, with Enlarged Europe and South America each up 3 percent, North America down 3 percent, the Middle East and Africa down 19 percent and Asia Pacific down 7 percent, on consolidated shipments of 1.286 million vehicles, down 1 percent. The net loss narrowed to 0.5 billion euros from a prior year quarter hit by significant items, and adjusted operating income was 0.3 billion euros, a margin of 0.7 percent, up 50 basis points from a year earlier, with every region except Enlarged Europe in positive territory.

The cash picture is slower to turn. Industrial free cash flow was negative 4.0 billion euros in the quarter, an improvement of 0.3 billion euros on a year earlier, and industrial available liquidity closed at 42.7 billion euros, 26 percent of trailing twelve month revenues and inside the company’s 25 to 30 percent target range. Stellantis reaffirmed its 2026 financial guidance and said execution of its FaSTLAne 2030 plan continues, with its value creation programme ramping up.

Stellantis third quarter loss narrows, cash burn continues

Sources