(WWJ) After posting huge losses in 2025, Stellantis has now posted a second consecutive quarterly profit. The international carmaker making $335 million in the second quarter of 2026.
That compares to a more than $2 billion loss during the same period last year.
"We are continuing the positive trend of quarter one, with significant year-over-year improvements in all financial metrics," says Stellantis CEO Antonio Filosa.
Revenues in North America were up 32 percent, on strong sales of profitable Jeeps and Rams. Global revenues rose to $49.7 billion.
"In North America, we keep making significant progress and improving performance, powered by our great brands, our great products and our great people," said Filosa.
Filosa recently laying out a turnaround strategy that he calls “FaSTLAne 2030” which aims to turn the company around by focusing on four core brands, Ram, Jeep, Fiat and Peugeot. The focus is more on gasoline powered vehicles, less on electrics.
"Our second quarter execution and financial performance reflects the meaningful progress that the team and I have been focused on delivering over the last 12 months," Filosa told analysts in a conference call. "All key financial metrics are significantly improved year over year."
Looking forward, Stellantis confirmed that tariffs will cost it more than $1 billion this year..
The third quarter will be weighed down a bit by summer production shutdowns, with a stronger fourth quarter expected. Filosa says Stellantis will show continued operational performance improvements.
“With implementation of our FaSTLane 2030 strategy well underway and this year’s exciting new product launches on time and on track, we remain confident of delivering our 2026 financial guidance.”
