Also trades as: VLVOF (OTC) · $vol 0M · VLVCY (OTC) · $vol 0M

kr 14.18 ($1.41)

-1.12 (-7.35%)

Weekly Expected Move ±5.6%

kr 13 kr 13 kr 14 kr 15 kr 16

STO · Consumer Cyclical · Auto - Manufacturers · Tech Score Strong Sell · Power 30 · kr 42.0B mcap · 597M float · 0.849% daily turnover

Revenue

$357.3B -10.7% ▼

5Y CAGR: +6.3%

Gross Profit

$52.0B -34.5% ▼

5Y CAGR: +2.5%

Operating Income

$465M -97.9% ▼

5Y CAGR: -44.1%

Net Income

$174M -98.9% ▼

5Y CAGR: -53.2%

EPS (Diluted)

$0.06 -98.9% ▼

5Y CAGR: -53.1%

EBITDA

$23.9B -49.6% ▼

5Y CAGR: -1.2%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$282.0B	$330.1B	$399.3B	$400.2B	$357.3B
YoY Growth	+7.3%	+17.1%	+21.0%	+0.2%	-10.7%
Cost of Revenue	$221.6B	$269.8B	$321.9B	$320.8B	$305.2B
Gross Profit	$60.4B	$60.3B	$77.4B	$79.4B	$52.0B
Gross Margin	21.4%	18.3%	19.4%	19.8%	14.6%
R&D Expenses	$13.1B	$11.5B	$12.9B	$17.0B	$17.9B
SG&A Expenses	$27.7B	$32.5B	$38.6B	$37.4B	$33.7B
Operating Expenses	$40.8B	$43.2B	$57.5B	$57.1B	$51.6B
Operating Income	$20.3B	$22.3B	$19.9B	$22.3B	$465M
Operating Margin	7.2%	6.8%	5.0%	5.6%	0.1%
Interest Expense	$1.5B	$1.0B	$850M	$1.3B	$1.3B
Income Before Tax	$18.8B	$20.8B	$20.9B	$22.7B	-$666M
Tax Expense	$4.6B	$3.8B	$6.8B	$6.8B	$2.3B
Net Income	$12.5B	$15.6B	$13.1B	$15.4B	$174M
Net Margin	4.4%	4.7%	3.3%	3.8%	0.0%
EPS (Diluted)	$4.72	$5.23	$4.38	$5.17	$0.06
EBITDA	$35.0B	$38.0B	$39.1B	$47.4B	$23.9B
Shares Outstanding	2.58B	2.98B	2.98B	2.98B	2.97B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$92.8B	$112.1B	$82.9B	$93.5B	$86.4B	$94.4B	$72.6B	$77.7B
Cost of Revenue	$73.7B	$93.0B	$67.9B	$80.9B	$69.9B	$79.4B	$59.2B	$64.6B
Gross Profit	$19.0B	$19.1B	$15.1B	$12.6B	$16.6B	$14.9B	$13.4B	$13.1B
Gross Margin	20.5%	17.1%	18.2%	13.5%	19.2%	15.8%	18.5%	16.8%
R&D Expenses	$2.4B	$5.0B	$4.3B	$12.9B	$3.0B	$2.8B	$5.0B	$5.4B
SG&A Expenses	$9.6B	$9.5B	$8.2B	$9.7B	$7.3B	$8.6B	$7.3B	$7.3B
Operating Expenses	$13.2B	$15.3B	$13.2B	$22.5B	$10.3B	$13.2B	$12.2B	$12.4B
Operating Income	$5.8B	$3.9B	$1.9B	-$10.0B	$6.3B	$2.2B	$1.2B	$655M
Operating Margin	6.2%	3.4%	2.3%	-10.6%	7.3%	2.3%	1.7%	0.8%
Interest Expense	$385M	$324M	$232M	$279M	$453M	$287M	$331M	$380M
Income Before Tax	$6.1B	$3.7B	$1.5B	-$10.1B	$6.2B	$1.7B	$1.9B	$994M
Tax Expense	$1.7B	$1.4B	$496M	-$2.0B	$1.7B	$2.1B	$1.2B	$577M
Net Income	$4.2B	$2.5B	$1.2B	-$7.5B	$5.2B	$1.3B	$1.6B	$1.3B
Net Margin	4.5%	2.2%	1.5%	-8.0%	6.0%	1.4%	2.2%	1.6%
EPS (Diluted)	$1.41	$0.84	$0.40	$-2.53	$1.75	$0.43	$0.54	$0.42
EBITDA	$11.0B	$10.8B	$7.6B	-$3.7B	$12.7B	$7.3B	$5.0B	$7.6B
Shares Outstanding	2.98B	2.98B	3.01B	2.97B	2.97B	2.97B	2.97B	2.97B

VOLCAR-B.ST STO