Volkswagen AG (VOW3.DE) - Quarterly Income Statement

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VOW3.DE
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92.68 (EUR) • At close July 9, 2025

Overview | Financials

Numbers are in millions (except for per share data and ratios) EUR.

	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3	2021 Q2	2021 Q1	2020 Q4	2020 Q3	2020 Q2	2020 Q1	2019 Q4	2019 Q3	2019 Q2	2019 Q1	2018 Q4	2018 Q3	2018 Q2	2018 Q1	2017 Q4	2017 Q3	2017 Q2	2017 Q1	2016 Q4	2016 Q3	2016 Q2	2016 Q1	2015 Q4	2015 Q3	2015 Q2	2015 Q1	2014 Q4	2014 Q3	2014 Q2	2014 Q1	2013 Q4	2013 Q3	2013 Q2	2013 Q1	2012 Q4	2012 Q3	2012 Q2	2012 Q1	2011 Q4	2011 Q3	2011 Q2	2011 Q1	2010 Q4	2010 Q3	2010 Q2	2010 Q1	2009 Q4	2009 Q3	2009 Q2	2009 Q1	2008 Q4	2008 Q3	2008 Q2	2008 Q1
Revenue Numbers are in millions	77,559	87,378	78,478	83,339	75,461	87,182	78,845	80,059	76,197	76,234	70,712	69,543	62,742	63,601	56,931	67,293	62,375	67,400	59,355	41,076	55,056	66,016	61,420	65,185	60,014	61,273	55,200	61,149	58,228	59,818	55,002	59,665	56,197	57,336	51,997	56,971	50,964	53,029	51,487	56,041	52,736	54,741	48,910	50,977	47,830	51,336	46,985	52,122	46,566	48,450	48,848	48,052	47,326	43,058	38,512	40,297	37,470	34,328	30,738	33,162	28,647	28,029	25,956	27,203	23,999	28,376	28,932	29,487	27,013
Cost of Revenue Numbers are in millions	64,758	70,290	65,420	68,840	61,915	70,485	65,436	64,337	61,005	63,162	58,036	55,053	50,754	50,129	48,009	54,772	50,048	51,781	48,928	37,404	45,824	53,253	49,782	52,130	48,324	49,967	44,984	47,891	46,657	49,253	46,269	47,612	45,006	47,419	42,061	46,124	40,666	45,583	46,721	44,652	42,425	45,387	40,472	41,207	38,869	42,782	38,331	42,007	38,287	40,474	39,796	38,858	38,389	36,524	31,239	33,278	30,330	28,581	25,004	27,304	24,542	24,340	22,511	23,285	21,472	23,730	25,234	24,614	23,034
Gross Profit Numbers are in millions	12,801	18,105	13,058	15,781	13,513	16,697	13,409	15,722	15,192	13,072	12,676	14,490	11,988	13,472	8,922	12,521	12,327	15,619	10,427	3,672	9,232	12,763	11,638	13,055	11,690	11,306	10,216	13,258	11,571	10,565	8,733	12,053	11,191	9,917	9,936	10,847	10,298	7,446	4,766	11,389	10,311	9,354	8,438	9,770	8,961	8,554	8,654	10,115	8,279	7,976	9,052	9,194	8,937	6,534	7,273	7,019	7,140	5,747	5,734	5,858	4,105	3,689	3,445	3,918	2,527	4,646	3,698	4,873	3,979
Gross Profit Ratio Numbers are in millions	0.165	0.207	0.166	0.189	0.179	0.192	0.17	0.196	0.199	0.171	0.179	0.208	0.191	0.212	0.157	0.186	0.198	0.232	0.176	0.089	0.168	0.193	0.189	0.2	0.195	0.185	0.185	0.217	0.199	0.177	0.159	0.202	0.199	0.173	0.191	0.19	0.202	0.14	0.093	0.203	0.196	0.171	0.173	0.192	0.187	0.167	0.184	0.194	0.178	0.165	0.185	0.191	0.189	0.152	0.189	0.174	0.191	0.167	0.187	0.177	0.143	0.132	0.133	0.144	0.105	0.164	0.128	0.165	0.147
Reseach & Development Expenses Numbers are in millions	0	3,980	4,690	4,677	4,616	4,155	4,064	3,875	3,730	3,774	3,536	3,675	3,344	2,973	3,297	3,258	3,262	2,983	3,496	3,132	3,102	3,362	3,665	3,550	3,227	2,959	3,104	2,966	3,087	3,378	3,084	3,389	2,774	3,064	2,605	2,958	2,882	2,823	3,031	3,088	2,911	3,195	2,876	2,790	2,684	2,573	2,559	2,599	2,455	2,156	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
General & Administrative Expenses Numbers are in millions	3,344	3,387	2,754	3,255	3,358	3,391	3,132	2,960	3,241	3,001	3,123	2,788	2,777	2,964	2,522	2,304	2,629	2,185	2,354	2,415	2,445	2,931	2,313	2,252	2,271	2,585	2,008	2,101	2,125	2,213	2,000	2,045	1,995	1,891	1,774	1,890	1,780	1,786	1,786	1,811	1,815	1,759	1,655	1,774	1,653	2,030	1,591	1,648	1,619	1,870	1,484	1,491	1,379	1,529	877	1,059	919	1,003	791	794	700	748	680	685	626	830	661	660	591
Selling & Marketing Expenses Numbers are in millions	5,425	6,313	5,496	5,123	5,103	5,996	5,318	5,190	4,836	5,927	4,836	4,762	4,315	5,389	4,774	4,704	4,360	5,547	4,508	3,880	4,472	5,885	5,096	5,056	4,971	5,442	4,824	5,485	4,759	6,335	5,324	5,628	5,423	6,719	5,231	5,647	5,104	7,491	5,593	5,455	4,976	5,541	4,612	5,374	4,765	5,400	4,638	4,998	4,619	5,258	4,665	4,830	4,098	4,148	3,667	3,659	3,108	3,204	2,906	3,387	2,716	2,947	2,515	2,708	2,368	3,052	2,462	2,756	2,282
SG&A Numbers are in millions	8,769	5,720	3,560	7,695	8,461	9,387	8,450	8,150	8,077	8,928	7,959	7,550	7,092	8,353	7,296	7,008	6,989	7,732	6,862	6,295	6,917	8,816	7,409	7,308	7,242	8,027	6,832	7,586	6,884	8,548	7,324	7,673	7,418	8,610	7,005	7,537	6,884	9,277	7,379	7,266	6,791	7,300	6,267	7,148	6,418	7,430	6,229	6,646	6,238	7,128	6,149	6,321	5,477	5,677	4,544	4,718	4,027	4,207	3,697	4,181	3,416	3,695	3,195	3,393	2,994	3,882	3,123	3,416	2,873
Other Expenses Numbers are in millions	1,159	1,235	1,953	-3,337	-4,338	975	0	-2,002	0	0	0	0	0	0	0	0	8,032	7,688	0	0	7,572	7,604	0	0	6,717	6,099	0	0	6,117	6,130	0	0	6,127	6,274	0	0	5,208	4,868	0	0	4,654	4,775	0	0	3,743	3,517	0	0	3,391	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Expenses Numbers are in millions	9,928	10,935	10,203	10,317	8,961	10,362	8,514	10,122	9,447	11,950	8,407	9,986	3,664	11,471	6,326	5,973	7,515	7,253	7,244	6,066	8,326	10,282	7,096	7,926	7,850	7,743	7,505	9,309	7,359	7,758	7,012	7,504	6,824	10,236	6,627	8,949	6,857	12,026	8,245	7,897	6,981	6,638	5,209	6,440	6,107	5,612	5,876	6,679	5,935	4,348	6,710	6,321	5,728	13,967	4,382	3,845	4,228	11,080	3,749	3,866	3,416	11,256	3,167	3,393	2,215	12,002	1,342	3,416	2,668
Operating Income Numbers are in millions	2,873	6,153	2,855	5,464	4,588	6,335	4,894	5,600	5,747	5,027	4,269	4,505	8,323	20,793	-415	6,546	4,812	7,982	3,183	-2,394	904	3,422	4,541	5,130	3,868	3,049	2,711	3,948	4,211	3,182	1,720	4,549	4,367	-1,544	3,308	1,899	3,440	-7,411	-3,479	3,492	3,328	3,281	3,230	3,330	2,855	3,114	2,777	3,437	2,344	2,675	2,343	3,283	3,209	20,248	-2,891	3,174	2,912	2,315	1,985	1,993	848	337	278	928	312	1,414	1,485	2,123	1,311
Operating Income Ratio Numbers are in millions	0.037	0.07	0.036	0.066	0.061	0.073	0.062	0.07	0.075	0.066	0.06	0.065	0.133	0.327	-0.007	0.097	0.077	0.118	0.054	-0.058	0.016	0.052	0.074	0.079	0.064	0.05	0.049	0.065	0.072	0.053	0.031	0.076	0.078	-0.027	0.064	0.033	0.067	-0.14	-0.068	0.062	0.063	0.06	0.066	0.065	0.06	0.061	0.059	0.066	0.05	0.055	0.048	0.068	0.068	0.47	-0.075	0.079	0.078	0.067	0.065	0.06	0.03	0.012	0.011	0.034	0.013	0.05	0.051	0.072	0.049
Total Other Income Expenses Net Numbers are in millions	236	-1,870	-499	-478	593	-841	907	-154	170	-557	-1,323	201	572	572	484	144	-349	1,431	424	360	-222	297	539	357	203	76	835	546	266	179	-229	-342	224	677	41	-292	-237	968	957	205	640	23	484	1,089	502	-85	3	488	344	-139	10,583	2,474	1,135	15,315	-5,513	2,836	-689	1,235	-835	-71	-145	-141	-16	-177	-260	-70	-4	294	55
Income Before Tax Numbers are in millions	3,109	4,283	2,356	4,986	5,181	5,494	5,801	5,446	6,453	5,074	2,936	5,140	8,895	5,894	3,079	6,690	4,463	9,413	3,606	-2,034	682	3,719	5,080	5,486	4,071	3,125	3,546	4,495	4,477	3,361	1,592	4,337	4,623	-867	3,348	1,607	3,203	-6,443	-2,522	3,696	3,968	3,304	3,713	4,420	3,357	3,029	2,780	3,932	2,688	2,536	12,900	5,757	4,300	35,563	-8,404	6,010	2,223	3,550	2,820	1,922	703	196	262	751	52	1,344	1,481	2,417	1,366
Income Before Tax Ratio Numbers are in millions	0.04	0.049	0.03	0.06	0.069	0.063	0.074	0.068	0.085	0.067	0.042	0.074	0.142	0.093	0.054	0.099	0.072	0.14	0.061	-0.05	0.012	0.056	0.083	0.084	0.068	0.051	0.064	0.074	0.077	0.056	0.029	0.073	0.082	-0.015	0.064	0.028	0.063	-0.121	-0.049	0.066	0.075	0.06	0.076	0.087	0.07	0.059	0.059	0.075	0.058	0.052	0.264	0.12	0.091	0.826	-0.218	0.149	0.059	0.103	0.092	0.058	0.025	0.007	0.01	0.028	0.002	0.047	0.051	0.082	0.051
Income Tax Expense Numbers are in millions	923	804	780	1,355	1,471	434	1,455	1,655	1,723	2,009	803	1,226	2,170	1,823	176	1,650	1,049	2,320	856	-498	165	842	1,094	1,372	1,018	347	782	1,182	1,177	-542	452	1,145	1,221	-331	1,012	393	838	-1,093	-848	965	1,036	922	743	1,171	890	585	871	1,085	742	807	1,571	116	1,114	131	1,257	1,226	511	351	615	571	230	-61	101	501	-191	389	320	774	437
Net Income Numbers are in millions	1,982	3,286	1,366	3,270	3,429	4,664	4,033	3,390	4,348	2,760	2,108	3,891	6,684	4,113	2,896	4,994	3,379	7,099	2,730	-1,485	523	2,817	3,925	4,098	3,046	2,770	2,759	3,310	3,299	3,898	1,140	3,190	3,401	-537	2,334	1,211	2,362	-5,353	-1,674	2,726	2,930	2,376	2,967	3,225	2,417	2,373	1,861	2,833	2,026	1,654	11,288	5,608	3,166	2,103	7,039	4,672	1,595	3,057	2,104	1,251	423	241	172	283	263	973	1,207	1,644	929
Net Income Ratio Numbers are in millions	0.026	0.038	0.017	0.039	0.045	0.053	0.051	0.042	0.057	0.036	0.03	0.056	0.107	0.065	0.051	0.074	0.054	0.105	0.046	-0.036	0.009	0.043	0.064	0.063	0.051	0.045	0.05	0.054	0.057	0.065	0.021	0.053	0.061	-0.009	0.045	0.021	0.046	-0.101	-0.033	0.049	0.056	0.043	0.061	0.063	0.051	0.046	0.04	0.054	0.044	0.034	0.231	0.117	0.067	0.049	0.183	0.116	0.043	0.089	0.068	0.038	0.015	0.009	0.007	0.01	0.011	0.034	0.042	0.056	0.034
EPS Numbers are in millions	3.69	6.25	2.42	6.21	6.49	9.31	7.76	6.48	8.37	5.21	3.91	7.46	13.09	7.94	5.51	9.7	6.45	13.87	5.17	-2.96	0.78	5.35	7.56	7.91	5.78	5.4	5.32	6.44	6.4	7.65	1.97	6.06	6.59	-1.07	4.54	2.3	4.58	-10.68	-3.34	5.33	5.74	4.66	5.84	6.46	4.86	4.8	3.78	5.86	4.18	3.31	24.21	12.18	6.7	4.52	15.13	10.04	3.41	6.7	4.52	2.67	1.03	0.6	0.43	0.71	0.64	2.42	3.03	4.14	2.33
EPS Diluted Numbers are in millions	3.69	6.25	2.42	6.21	6.49	9.31	7.76	6.48	8.37	5.21	3.91	7.46	13.09	7.94	5.51	9.7	6.45	13.87	5.17	-2.96	0.78	5.35	7.56	7.91	5.78	5.4	5.32	6.44	6.4	7.65	1.97	6.06	6.59	-1.07	4.54	2.3	4.58	-10.68	-3.34	5.33	5.74	4.66	5.84	6.46	4.86	4.8	3.78	5.86	4.18	3.31	24.21	12.18	6.7	4.52	15.13	10.04	3.41	6.7	4.52	2.67	1.03	0.6	0.43	0.71	0.64	2.42	3.02	4.12	2.31
EBITDA Numbers are in millions	11,073	15,961	10,988	12,905	11,807	12,361	6,880	12,576	12,472	11,495	11,474	11,793	15,510	11,972	9,609	13,531	11,476	19,113	9,766	4,272	7,344	10,582	10,889	11,212	9,795	9,904	8,325	10,183	9,592	11,074	7,113	10,034	9,663	6,774	8,402	7,143	8,203	2,944	2,037	8,054	7,715	12,676	7,560	7,300	6,706	10,227	6,382	6,963	5,873	22,952	5,732	6,325	6,172	34,823	5,432	5,614	5,166	11,009	-299	4,894	3,311	4,369	2,465	2,820	2,333	4,712	4,316	3,508	3,106
EBITDA Ratio Numbers are in millions	0.143	0.183	0.14	0.155	0.156	0.142	0.087	0.157	0.164	0.151	0.162	0.17	0.247	0.188	0.169	0.201	0.184	0.284	0.165	0.104	0.133	0.16	0.177	0.172	0.163	0.162	0.151	0.167	0.165	0.185	0.129	0.168	0.172	0.118	0.162	0.125	0.161	0.056	0.04	0.144	0.146	0.232	0.155	0.143	0.14	0.199	0.136	0.134	0.126	0.474	0.117	0.132	0.13	0.809	0.141	0.139	0.138	0.321	-0.01	0.148	0.116	0.156	0.095	0.104	0.097	0.166	0.149	0.119	0.115

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