Auburn HIlls, MI (WWJ) -- Stellantis returned to profitability in the first quarter of this year, posting a $440 million profit. This is relatively small for a big carmaker, and less than a quarter of what GM and Ford earned, but means progress for Stellantis.
“As we initiate quarterly reporting, the first three months of 2026 reflect the early results of our actions to return Stellantis to sustainable, profitable growth,” said Stellantis CEO Antonio Filosa. “The products we launched in 2025 have been well received and we’re confident that the 10 new vehicles planned for 2026 will build on this momentum.”
The positive first quarter earnings come after Stellantis lost $26 billion in 2025. Much of that loss came because of costs related to changing electric vehicle plans. But, Stellantis had been dealing with falling sales, products that were missing the heart of the market, and bad relationships with dealers, unions and workers.
This meant no profit sharing for 2025.
Stellantis made several product and management changes, and has seen steady increases in sales. Its revenues were up six percent in the first quarter to $45 billion.
The company did not break down profitability by region, but Stellantis says North America had its first net positive income in two years.
A $467 million tariff refund helped Stellantis bottom line. The company expects to pay roughly $1.5 billion in tariffs for the full year.
Stellantis guidance remains the same, for improving revenues in 2026. Filosa says they will have more on that subject at a May 21st Investor Day presentation.
“Our priority is clear: to put our customers back at the center of everything we do.”
