Stellantis reports narrower Q3 loss and reaffirms 2026 guidance

Stellantis reported Q3 2026 net revenues of €37.6 billion, up 1% year over year, while its net loss narrowed to €(0.5) billion. Adjusted operating income reached €0.3 billion, with a 0.7% margin, but industrial free cash flow remained negative at €(4.0) billion. The company reaffirmed its 2026 guidance, including mid-single-digit revenue growth, a low-single-digit adjusted operating income margin and positive industrial free cash flow in 2027.

The reaffirmed outlook preserves Stellantis' stated recovery targets, but the quarter still showed a substantial industrial cash outflow. The company expects positive industrial free cash flow in 2027, making future cash generation a key condition of the turnaround.

  • 1Q3 2026 net revenues were €37.6 billion, an increase of 1% year over year.
  • 2Stellantis reported a Q3 2026 net loss of €(0.5) billion, described as a 90% improvement from the prior year.
  • 3Adjusted operating income was €0.3 billion and the adjusted operating income margin was 0.7%.
  • 4Industrial free cash flow was negative €(4.0) billion in Q3 2026.
  • 5The company reaffirmed 2026 guidance for mid-single-digit net revenue growth and a low-single-digit adjusted operating income margin, and expects positive industrial free cash flow in 2027.

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