Porsche reports nearly €1 billion quarterly loss. Results below forecasts
Porsche announced on Friday that it had posted a larger-than-expected operating loss in the third quarter of 2025. A year earlier, the sports car maker had posted a substantial profit, Reuters reports.
Porsche's operating loss from July to September reached €966 million. This was significantly worse than analysts had expected, with a loss of €611 million. During the same period last year, the company posted an operating profit of €974 million.
"We expect 2025 to be the worst year, preceded by a noticeable improvement in Porsche's results from 2026 onward," said Chief Financial Officer Jochen Breckner. The sports car manufacturer emphasizes that "wide-scale solutions" are necessary as part of the restructuring. Consultations are currently underway with trade union representatives on the matter.
Porsche's main challenges include limited demand for electric vehicles and a decline in interest in luxury sports cars in the Chinese market. The company also estimates that the cost of US tariffs will reach €700 million this year alone.
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