Volvo Cars Q3 2026: taking decisive action to navigate a very tough environment
Volvo Cars today reports an operating income, excluding joint ventures & associates and items affecting comparability, of SEK -3.7 billion and a corresponding EBIT margin of -5.6 per cent for the third quarter of 2026. The result reflects a further deteriorating external environment, led by market developments in China and the US.
· Q3 revenue was SEK 66.9 bn (SEK 86.4 bn in Q3 2025)
· Q3 operating income was SEK -5.6 bn (SEK 6.4 bn in Q3 2025)
· Q3 EBIT (excl. share of income in JVs & associates and IAC) was SEK -3.7 bn (SEK 5.8 bn in Q3 2025)
· Q3 EBIT margin was -8.4 per cent (7.