Stellantis N.V. (STLA) Earnings
Stellantis N.V. is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $0.25. STLA has beaten EPS estimates in 6 of its last 11 reported quarters (average surprise -137.4% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $1.49 | $0.16 | -89.2% | $43.9B | -49.2% |
| Oct 30, 2025 | $0.41 | $-0.91 | -321.9% | $87.4B | -0.6% |
| Apr 30, 2025 | $0.25 | $-0.05 | -121.8% | $74.4B | +1.2% |
| Oct 31, 2024 | $2.40 | $2.00 | -16.7% | $91.4B | -2.2% |
| Apr 30, 2024 | $2.49 | $2.72 | +9.2% | $100.3B | -1.7% |
| Oct 31, 2023 | $2.88 | $3.89 | +35.1% | $107.3B | +1.7% |
| May 3, 2023 | $2.71 | $3.00 | +10.7% | $98.0B | +2.2% |
| Nov 3, 2022 | $2.35 | $2.65 | +12.8% | $92.2B | +4.7% |
| Feb 23, 2022 | $0.11 | $2.71 | +2363.6% | $87.3B | +5.8% |
| Aug 3, 2021 | $1.49 | $-0.72 | -148.3% | $89.3B | +3.3% |
| Mar 3, 2021 | $0.87 | $1.39 | +59.2% | $35.1B | +7.4% |
| Jun 29, 2019 | — | $3.36 | — | $30.4B | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Antonio mentioned focus on discipline execution, return to profitability, key priorities of growing business, improving industrial execution, enhancing profitability, 10 all-new and 6 refreshed products in 2026, customer-centered strategy, empowering regions, capital and cost discipline. • Joao discussed key financial figures: consolidated shipments 1.4 million units up 12%, net revenues 38.1 billion euros up 6%, adjusted operating income $1 billion, AOI margin 2.5%, industrial free cash flow negative $1.9 billion but improved, balance sheet with $44 billion liquidity, inventory 1.3 million units up 11%, North America AOI $263 million, Europe break-even, South America and Middle East and Africa strong earnings contributions
Guidance
• Confirmed 2026 financial guidance, expect improvement in net revenues, margins, industrial free cash flow, strong liquidity, resilient operating model, continue managing volatility. • CAPEX expected slightly below 7% of net revenues. • Sequential improvement in North America margins expected quarter by quarter, focus on cost management program
Segment performance
North America: Sales increased 4% despite U.S. market down 6%, Ram had 20% U.S. sales increase, gained market share; Europe: Sales up 5% or 8% including LEAP model, Euro 30 market share 17.5%, combined with LEAP model 18.1%, Stellantis Pro One leading in LCV with 28.7% share; South America: Maintained dominant position, 29% market share in Brazil and Argentina, number two in Chile; Middle East and Africa: Market share 11.5% up 50 basis points, sales growth 18% in Algeria; APAC: Shipments grew 15% year-over-year
Risks & headwinds
• Geopolitical tensions in Middle East and Africa. • Raw material and commodity price volatility. • Impact of regulation on light commercial vehicles in Europe
Analyst Q&A
Q: Can you talk about the margin and momentum in North America? Do you think Q2 earnings will be up in the US versus Q1? And which vehicles and cost measures do you think will drive into Q2 and second half of the year?
A: Antonio said encouraged by momentum, expect Q2 better than prior year, working on pricing, volumes, mix, and global cost management program.
Q: On the cash flow side, the improvement you've reported in Q1 has partly been supported by another decline in CapEx and by seasonality in working capital. I'd like to try to understand what level of capex we should expect for the year in 2026, whether it will flatten versus 25 or whether you think it can further.
A: Joao said CAPEX for this year expected slightly below 7% of net revenues, consistent with trajectory.
Q: Which launches are the most critical to delivering the expected H2 2026 margin inflips? And where do you see the highest execution of supply chain risks, if any?
A: Antonio said ME D8 engine in pickup trucks, smart car launches in Europe, Ram Dakota in South America, mid-size pickup truck ramp-up, no major supply chain risks seen so far.
Q: In North America, you benefited from an increase in RAM mix in Q1. I'm wondering when you expect this RAM mix benefit to normalize or stabilize.
A: Antonio said revenue and mix will keep growing due to strong order portfolio in truck space and high profit Jeep products, mix will be a lever all year.
Q: On the underlying assumptions for the course of the year, specifically, again, on raw material and also on tariff.
A: Joao said raw material impact net of hedge could approach close to 1% of revenue, tariffs assume current scheme, Cherokee and Charger volumes included in plan.
Q: First one, I'm sorry to come back on European pricing. Could you comment a bit if the pricing was basically driven by LCVs being very negative also on the Pascal side?
A: Antonio said expect to stay flat on pricing but work on cost, launched value creation program, pricing in Europe is across lineup