Stellantis Narrows Q3 Net Loss to €453 Million as Adjusted Operating Income Jumps 184%

Stellantis N.V. (STLA, STLAP.PA, STLAM.MI) reported Wednesday a third-quarter net loss of €453 million, sharply narrower than the prior year's €4.53 billion loss, while adjusted operating income climbed 184% to €256 million. Loss per share narrowed to €0.18 from €1.57 a year earlier. Adjusted operating income rose from €90 million as the AOI margin improved 50 basis points year-over-year to 0.7%, with all regions posting positive AOI margins except Enlarged Europe. Net revenues edged up 1% to €37.61 billion from €37.21 billion; Enlarged Europe and South America each grew 3%, while North America fell 3%, the Middle East & Africa 19% and Asia Pacific 7%. Consolidated shipments dropped 1% and combined shipments fell 2%. Stellantis reaffirmed its fiscal 2026 outlook for mid-single-digit percentage revenue growth and a low-single-digit AOI margin, and expects positive Industrial Free Cash Flow in 2027.