The earnings call highlighted a mix of solid financial performance, successful product launches, and strong cash flow generation, alongside challenges from tariffs and a difficult market environment in China. While there are several positive aspects, the challenges and impacts from tariffs present a balanced perspective.

Company Guidance

During the Mercedes-Benz Q2 results conference call, several key metrics and guidance were discussed. The company achieved a 6.2% underlying return on sales in H1 2025, with an adjusted EBIT of €2 billion. Free cash flow stood at €4.2 billion, fully covering the dividend paid. The impact of tariffs was notable, affecting the return on sales by 150 basis points for the full year. Mercedes-Benz has also embarked on a significant product and technology offensive, with plans to launch over 25 models in the next three years, including electric vehicles. The company expects its global TEV share to be between 14% and 15% for the year and the EV share to range from 20% to 22%. Sales in 2025 are projected to be significantly below 2024 levels, primarily due to challenges in China. Despite these challenges, the company remains focused on cash flow generation and product innovation, with a robust pipeline of upcoming electric and hybrid models.

Solid Financial Performance in Q2

Mercedes-Benz produced a solid financial performance in Q2, in line with expectations, despite dynamic business environment and tariff impacts.

Successful Product Offensive

The launch of the new CLA received extremely positive feedback from customers, dealers, and industry watchers. Mercedes-Benz plans to launch more than 25 individual models in the next 3 years.

Strong Cash Flow Generation

Another solid quarter in terms of cash flow generation was achieved, covering the dividend payout with a net cash position of EUR 30 billion.

Van Division Performance

The van division managed to outperform competition with a return on sales of 10.4%, despite the challenging economic environment.

Expansion in Electric Mobility

Introduction of Mercedes-Benz electric architecture (MB.EA) showcasing new era in electric mobility with fully flexible battery technologies.

Mercedes-Benz Group AG Unsponsored ADR (MBGYY) 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

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MBGYY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.42 / -	0.49	―	―	―
Jul 30, 2025	2025 (Q2)	0.43 / 0.27	0.801	-65.92% (-0.53)	―
Apr 30, 2025	2025 (Q1)	0.60 / 0.49	0.766	-35.38% (-0.27)
Feb 20, 2025	2024 (Q4)	0.65 / 0.67	0.808	-16.71% (-0.14)
Oct 25, 2024	2024 (Q3)	0.51 / 0.49	0.907	-45.98% (-0.42)
Jul 26, 2024	2024 (Q2)	0.77 / 0.80	0.918	-12.75% (-0.12)
Apr 30, 2024	2024 (Q1)	0.70 / 0.77	1.018	-24.75% (-0.25)	―
Feb 22, 2024	2023 (Q4)	0.72 / 0.81	0.992	-18.55% (-0.18)	―
Oct 26, 2023	2023 (Q3)	0.85 / 0.91	0.919	-1.31% (-0.01)
Jul 27, 2023	2023 (Q2)	0.88 / 0.92	0.736	24.73% (+0.18)

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

MBGYY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$15.33	$14.75	-3.78%
Apr 30, 2025	$14.46	$14.05	-2.84%
Feb 20, 2025	$15.02	$14.71	-2.06%
Oct 25, 2024	$14.84	$14.74	-0.67%

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 AG Unsponsored ADR (MBGYY) report earnings?

Mercedes-Benz Group AG Unsponsored ADR (MBGYY) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Mercedes-Benz Group AG Unsponsored ADR (MBGYY) earnings time?

Mercedes-Benz Group AG Unsponsored ADR (MBGYY) 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 MBGYY EPS forecast?

MBGYY EPS forecast for the fiscal quarter 2025 (Q3) is 0.42.

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