Mercedes-Benz profit rises in Q2, revenue continues to decline

More Profit, Less Revenue Mercedes-Benz Is Generating More Profit Again, But ...

2026-07-28 Source: dpa 2 min Reading Time

For a long time, Mercedes-Benz's profits had been steadily dwindling. Now, the Stuttgart-based premium vehicle manufacturer can report an increase, but revenue continues to weaken ...

Mercedes-Benz records higher profits again in the second quarter of 2026. At the same time, however, revenue is shrinking. The China business and US tariffs are causing concern. Ola Källenius hopes that new models in the second half of the year might turn things around.(Image: Mercedes-Benz) — Mercedes-Benz records higher profits again in the second quarter of 2026. At the same time, however, revenue is shrinking. The China business and US tariffs are causing concern. Ola Källenius hopes that new models in the second half of the year might turn things around.
(Image: Mercedes-Benz)

Mercedes-Benz's profit increased by 13.5 percent in the second quarter of this year, according to a report from dpa. From April to June, the group’s earnings rose from 957 million euros (approx. $1.03 billion) to around 1.09 billion euros (approx. $1.17 billion), compared to the same period last year. Most recently, the company achieved a gain in group earnings in the second quarter of 2023 compared to the previous year. However, revenue fell by 3.3 percent (to slightly more than 32 billion euros / approx. $34.4 billion). Operating profit (EBIT) increased by 21.5 percent (to around 1.55 billion euros / approx. $1.66 billion), the report further states. According to the company, Mercedes has continued to improve its efficiency and productivity. Cost reduction measures from a savings program apparently supported the results in the second quarter. Additionally, contributions came from the Vans and Financial Services divisions, which helped offset the weakening passenger car segment. Naturally, US tariffs are currently causing difficulties as well.

The new model from Kecskemét: the fully electric C-Class. An extended version will be produced by Mercedes in China from 2027. (Source: Mercedes-Benz)

Above all, the China business Is Slowing Mercedes' Success

However, a significant decline in China once again led to a drop in sales for Mercedes-Benz in the second quarter. The Stuttgart-based company (Germany) sold only around 512,000 cars and vans, representing a six percent decrease compared to the same quarter last year. In the passenger car segment, sales in China plummeted by 30 percent. As a result, the group’s earnings for the first six months of the year decreased by 6.3 percent (to around 2.52 billion euros / approx. $2.71 billion). Revenue for the first half-year shows a decline of 4.1 percent compared to the previous year. EBIT recorded a decrease of 3.1 percent. However, as mentioned, things at Mercedes have not been running smoothly for some time. In 2025, profit nearly halved (from 10.4 billion euros / approx. $11.2 billion to 5.3 billion euros / approx. $5.7 billion) after already falling by 28.4 percent in 2024 compared to the prior year. For this reason, a cost-saving program has been in place for about a year and was recently intensified. Mercedes CEO Ola Källenius is now relying on new models for the second half of the year. Källenius commented, "Even in a challenging market environment, we stayed on course in the second quarter and accelerated our model offensive. The response to the new models has been very positive!"

Subscribe to the newsletter now

Don't Miss out on Our Best Content

Business E-mail

Please enter a valid mailadress.

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Date: 08.12.2025

Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.

Consent to the use of data for promotional purposes

I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planck-Str. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here

Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.

Additionally, my consent also includes the processing of my email address and telephone number for data matching for marketing purposes with select advertising partners such as LinkedIn, Google, and Meta. For this, Vogel Communications Group may transmit said data in hashed form to the advertising partners who then use said data to determine whether I am also a member of the mentioned advertising partner portals. Vogel Communications Group uses this feature for the purposes of re-targeting (up-selling, cross-selling, and customer loyalty), generating so-called look-alike audiences for acquisition of new customers, and as basis for exclusion for on-going advertising campaigns. Further information can be found in section “data matching for marketing purposes”.

In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here. This does not apply to data matching for marketing purposes.

Right of revocation

I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://contact.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.