Also trades as: VOLVF (OTC) · $vol 0M · VOLVB.PR (PRA)

kr 314.80 ($31.37)

-3.60 (-1.13%)

Weekly Expected Move ±2.3%

kr 300 kr 307 kr 315 kr 322 kr 330

STO · Industrials · Industrial - Machinery · Tech Score Strong Sell · Power 33 · kr 640.1B mcap · 1.94B float · 0.156% daily turnover

Revenue

$479.2B -9.0% ▼

5Y CAGR: +7.2%

Gross Profit

$116.9B -18.9% ▼

5Y CAGR: +8.1%

Operating Income

$48.5B -27.2% ▼

5Y CAGR: +12.0%

Net Income

$34.5B -31.6% ▼

5Y CAGR: +12.3%

EPS (Diluted)

$16.94 -31.6% ▼

5Y CAGR: +12.3%

EBITDA

$66.7B -27.0% ▼

5Y CAGR: +9.0%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$372.2B	$473.5B	$552.8B	$526.8B	$479.2B
YoY Growth	+10.0%	+27.2%	+16.7%	-4.7%	-9.0%
Cost of Revenue	$282.5B	$361.7B	$403.4B	$382.8B	$362.3B
Gross Profit	$89.8B	$111.7B	$149.3B	$144.0B	$116.9B
Gross Margin	24.1%	23.6%	27.0%	27.3%	24.4%
R&D Expenses	$18.0B	$22.5B	$26.6B	$31.0B	$26.2B
SG&A Expenses	$28.8B	$34.9B	$41.0B	$42.5B	$40.0B
Operating Expenses	$47.6B	$62.1B	$82.5B	$77.4B	$68.4B
Operating Income	$43.1B	$45.7B	$66.8B	$66.6B	$48.5B
Operating Margin	11.6%	9.7%	12.1%	12.6%	10.1%
Interest Expense	$1.2B	$1.2B	$1.2B	$1.6B	$1.8B
Income Before Tax	$43.2B	$45.1B	$66.7B	$67.2B	$47.4B
Tax Expense	$9.9B	$12.1B	$16.8B	$16.6B	$12.7B
Net Income	$32.8B	$32.7B	$49.8B	$50.4B	$34.5B
Net Margin	8.8%	6.9%	9.0%	9.6%	7.2%
EPS (Diluted)	$16.12	$16.09	$24.51	$24.78	$16.94
EBITDA	$63.1B	$67.0B	$88.8B	$91.3B	$66.7B
Shares Outstanding	2.03B	2.03B	2.03B	2.03B	2.03B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$117.0B	$138.4B	$121.8B	$122.9B	$110.7B	$123.8B	$110.8B	$126.3B
Cost of Revenue	$85.0B	$103.1B	$90.9B	$95.3B	$83.2B	$93.0B	$82.0B	$93.8B
Gross Profit	$32.0B	$35.3B	$30.9B	$27.6B	$27.5B	$30.8B	$28.7B	$32.5B
Gross Margin	27.4%	25.5%	25.4%	22.5%	24.8%	24.9%	25.9%	25.7%
R&D Expenses	$7.2B	$8.2B	$7.0B	$7.1B	$5.5B	$6.7B	$5.9B	$6.2B
SG&A Expenses	$9.6B	$11.5B	$10.1B	$10.2B	$9.3B	$10.5B	$10.0B	$10.6B
Operating Expenses	$17.9B	$21.2B	$17.7B	$17.7B	$15.0B	$17.2B	$17.8B	$19.1B
Operating Income	$14.1B	$14.0B	$13.3B	$10.0B	$12.5B	$13.7B	$11.0B	$13.3B
Operating Margin	12.0%	10.1%	10.9%	8.1%	11.3%	11.0%	9.9%	10.6%
Interest Expense	$375M	$484M	$409M	$483M	$451M	$476M	$424M	$413M
Income Before Tax	$13.6B	$14.7B	$12.9B	$9.7B	$12.1B	$12.7B	$10.8B	$13.5B
Tax Expense	$3.5B	$3.8B	$2.9B	$2.2B	$4.6B	$3.1B	$2.4B	$3.1B
Net Income	$10.0B	$10.7B	$9.9B	$7.4B	$7.5B	$9.6B	$8.3B	$10.4B
Net Margin	8.6%	7.8%	8.1%	6.0%	6.8%	7.8%	7.5%	8.2%
EPS (Diluted)	$4.93	$5.28	$4.86	$3.64	$3.71	$4.73	$4.09	$5.10
EBITDA	$19.4B	$21.4B	$19.0B	$16.3B	$18.2B	$19.6B	$17.0B	$19.8B
Shares Outstanding	2.03B	2.03B	2.03B	2.03B	2.03B	2.03B	2.03B	2.03B

VOLV-B.ST STO