The earnings call reflected a stable operating margin and achievements in electrification and construction equipment growth. However, challenges in truck volumes, particularly in North America, and negative impacts from the slower transition to zero-emission vehicles weigh on results. Despite these challenges, the company maintains a strong financial position and continues to push forward with innovation and market share gains.

Company Guidance -

Q3 2025

In the second quarter of fiscal year 2025, Volvo Group reported a solid adjusted operating margin of 11%, with an adjusted operating income of SEK 13.5 billion. Despite a 12% year-over-year decline in net sales to SEK 123 billion, the group maintained strong resilience with a net cash position of SEK 43.1 billion in industrial operations and a return on capital employed at 25.7%. Truck deliveries decreased by 10%, impacting North and South America significantly, while European heavy-duty truck deliveries remained stable. Construction equipment deliveries rose by 11%, with SDLG machines in China experiencing a 22% increase. The group faced challenges due to slower-than-expected societal transition to zero-emission solutions, leading to SEK 4.5 billion in negative impacts from battery-electric asset impairments and renegotiated battery commitments. Conversely, the formation of Coretura, a joint venture with Daimler, positively affected income by close to SEK 1 billion. Despite uncertainties, the group demonstrated strong market shares, achieving nearly 60% in the European medium- and heavy-duty truck market and significant advances in electrification efforts, with fully electric vehicle orders increasing by 59%.

Stable Operating Margin

The Volvo Group reported a solid adjusted operating margin of 11% for the second quarter of 2025.

Strong Cash Flow and Net Cash Position

Cash flow amounted to SEK 2.9 billion, resulting in a net cash position of SEK 43.1 billion in industrial operations.

Growth in Electrification

Orders for fully electric vehicles increased by 59%, with notable increases in SDLG machines in China and a 53% increase in truck orders.

Construction Equipment Growth

Deliveries of Construction Equipment increased by 11%, with SDLG increasing by 22%.

Record Financial Services Volume

Financial Services reached a record new business volume of SEK 27.8 billion, a 9% year-over-year increase adjusted for currency.

Mack Trucks Market Share Gains

In North America, Mack Trucks improved to a 7.2% market share year-to-date through May.

Volvo AB (VLVLY) 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 >

VLVLY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 17, 2025	2025 (Q3)	0.48 / -	0.468	―	―	―
Jul 17, 2025	2025 (Q2)	0.51 / 0.37	0.725	-48.55% (-0.35)
Apr 23, 2025	2025 (Q1)	0.56 / 0.51	0.629	-19.71% (-0.12)
Jan 29, 2025	2024 (Q4)	0.48 / 0.48	0.569	-15.64% (-0.09)
Oct 18, 2024	2024 (Q3)	0.55 / 0.47	0.629	-25.60% (-0.16)
Jul 18, 2024	2024 (Q2)	0.65 / 0.72	0.516	40.50% (+0.21)
Apr 17, 2024	2024 (Q1)	0.59 / 0.63	0.616	2.11% (+0.01)
Jan 26, 2024	2023 (Q4)	0.64 / 0.57	0.316	80.06% (+0.25)
Oct 18, 2023	2023 (Q3)	0.56 / 0.63	0.38	65.53% (+0.25)
Jul 19, 2023	2023 (Q2)	0.61 / 0.52	0.504	2.38% (+0.01)

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

VLVLY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 17, 2025	$27.59	$27.04	-1.99%
Apr 23, 2025	$26.39	$26.16	-0.87%
Jan 29, 2025	$24.78	$26.73	+7.87%
Oct 18, 2024	$23.88	$24.70	+3.43%

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 Volvo AB Class B (VLVLY) report earnings?

Volvo AB Class B (VLVLY) is schdueled to report earning on Oct 17, 2025, Before Open (Confirmed).

What is Volvo AB Class B (VLVLY) earnings time?

Volvo AB Class B (VLVLY) earnings time is at Oct 17, 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 VLVLY EPS forecast?

VLVLY EPS forecast for the fiscal quarter 2025 (Q3) is 0.48.

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