Porsche nine-month operating profit jumps from 40 million to 1.74 billion euros
Despite 16% fewer deliveries, Porsche is again earning far more than in the crisis year before. Its 2026 forecast remains unchanged.
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Porsche posted group operating profit of 1.74 billion euros in the first nine months of 2026, up from just 0.04 billion euros a year earlier. Its operating return on sales rose from 0.2% to 6.9%, the sports car maker said Oct. 27. Revenue fell 5.9% to 25.28 billion euros, and deliveries dropped 16% to 178,532 vehicles.
Automotive net cash flow improved to 2.50 billion euros from 1.34 billion. Restructuring costs of about 500 million euros were far lower than the previous year's 2.7 billion, Investing.com reported. The sale of its stake in Bugatti Rimac produced a gain of 593 million euros. Fully electric cars accounted for 21.7% of deliveries.
Porsche confirmed its 2026 forecast of 35 billion to 36 billion euros in revenue and an operating return of 5.5% to 7.5%. "We are implementing our strategic realignment consistently and at a rapid pace," CEO Michael Leiters said. Jefferies analysts called the results a slight positive surprise, according to Investing.com.