The earnings call reflects a company navigating a challenging environment with a solid strategy in place. Mercedes-Benz is making significant strides in product development and electric mobility, showing resilience in its van segment despite economic headwinds. However, the impact of tariffs and challenges in the China market are notable concerns, alongside adjusted sales guidance and uncertainty in tariff transitions.

Company Guidance -

Q3 2025

During the Mercedes-Benz conference call for Q2 2025, the company provided guidance on several key metrics. They reported a solid financial performance, with a focus on cash flow generation, achieving an EBIT of 5.1% including tariffs, and 6.6% excluding tariffs. The company faced a mid-3-digit million euro impact from tariffs, which accounted for approximately 150 basis points of the EBIT margin. Despite a challenging market environment, particularly in China, Mercedes-Benz managed a healthy 14% Top-End sales as a percentage of total sales, with slight growth in xEVs, mainly in plug-in hybrids. For the fiscal year, the company anticipates car sales to be significantly below 2024 levels, with a continued focus on cash conversion and a commitment to launching over 25 new models in the next three years. Looking ahead, the guidance for return on sales adjusted for cars is set within a range of 4% to 6%, factoring in the assumed continuation of current tariffs. The van division is expected to achieve a return on sales of 8% to 10%, while the Mercedes-Benz Mobility division aims for a return on equity of 8% to 9%. Overall, Mercedes-Benz remains focused on product and technology offensives, while managing tariff impacts and market uncertainties.

Solid Financial Performance and Cash Flow

Mercedes-Benz reported a solid financial performance for Q2, producing a robust cash flow. The company has been focused on cash flow generation, achieving a strong quarter in terms of cash flow.

Product and Technology Offensive

Mercedes-Benz is in the midst of a massive product and technology offensive, launching more than 25 individual models over the next 3 years. The new CLA and CLA shooting brake have been well received, particularly in the European market.

Expansion in Electric Mobility

The company is set to unveil its first vehicle of the Mercedes-Benz electric architecture (MB.EA) at the International Auto Show in Munich. This marks a significant step in Mercedes-Benz's journey towards electric mobility.

Van Segment Performance

Despite a challenging economic environment, the van segment performed well, with Mercedes-Benz maintaining a competitive position. The company noted a significant order of 5,000 e-vans from Amazon.

Strategic Capital Allocation

Mercedes-Benz has covered its dividend payout with the free cash flow generated year-to-date and is committed to its capital allocation framework, which includes potential share buybacks.

Mercedes-Benz Group (DE:MBG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:MBG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.55 / -	1.81	―	―	―
Jul 30, 2025	2025 (Q2)	1.47 / 0.95	2.95	-67.80% (-2.00)	―
Apr 30, 2025	2025 (Q1)	2.15 / 1.74	2.86	-39.16% (-1.12)
Feb 20, 2025	2024 (Q4)	2.48 / 2.57	2.99	-14.05% (-0.42)
Oct 25, 2024	2024 (Q3)	1.87 / 1.81	3.44	-47.38% (-1.63)
Jul 26, 2024	2024 (Q2)	2.83 / 2.95	3.34	-11.68% (-0.39)
Apr 30, 2024	2024 (Q1)	2.63 / 2.86	3.69	-22.49% (-0.83)	―
Feb 22, 2024	2023 (Q4)	2.65 / 2.99	3.72	-19.62% (-0.73)	―
Oct 26, 2023	2023 (Q3)	3.21 / 3.44	3.66	-6.01% (-0.22)
Jul 27, 2023	2023 (Q2)	3.16 / 3.34	2.91	14.78% (+0.43)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:MBG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	€53.21	€51.39	-3.42%
Apr 30, 2025	€49.64	€48.29	-2.72%
Feb 20, 2025	€56.31	€54.88	-2.53%
Oct 25, 2024	€53.71	€53.19	-0.98%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mercedes-Benz Group (DE:MBG) report earnings?

Mercedes-Benz Group (DE:MBG) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Mercedes-Benz Group (DE:MBG) earnings time?

Mercedes-Benz Group (DE:MBG) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Mercedes-Benz Group stock?

The P/E ratio of Mercedes-Benz Group is N/A.

What is DE:MBG EPS forecast?

DE:MBG EPS forecast for the fiscal quarter 2025 (Q3) is 1.55.

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