Stellantis stock jumps despite $26.3B loss as improving second-half results signal turnaround beginning

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like Ram, Jeep, Fiat, and Alfa Romeo in its product portfolio — reported second half net revenue of 79.25 billion euros ($93.47 billion), in range of 78 billion to 80 billion euros ($91.87 to $94.23 billion) forecast, and 10% higher than the 71.86 billion euros ($84.64 billion) reported a year ago.Stellantis posted a second-half adjusted operating income (AOI) loss of 1.38 billion euros ($1.63 billion), also in range of the 1.2 billion to 1.5 billion euros ($1.41 billion to 1.77 billion) forecast, a reversal of the 185 million euro ($218 million) gain reported in the second half of 2024, which itself was a massive drop compared to the 10.2 billion euro ($12 billion) profit reported in 2023.Stellantis stock jumped 6% in early trade in New York.Global shipments also improved in the second half, with the company seeing an 11% jump to 277K units and every region reporting higher volumes.For the full year, Stellantis reported a net loss of 22.3 billion euros ($26.3 billion), due to 25.4 billion euros ($29.96 billion) of "unusual charges," the company said."Our 2025 full year results reflect the cost of over-estimating the pace of the energy transition and of the need to reset our business around our customers' freedom to choose from the full range of electric, hybrid and internal combustion technologies," CEO Antonio Filosa said in a statement.Read more: Live coverage of corporate earningsLooking ahead, Stellantis expects net revenues to rise in the mid-single digits in 2026, with low-single-digit adjusted AOI margin. The company aims to return to positive industrial free cash flow by 2027, however it estimates net tariff expense for the year at 1.6 billion euros ($1.9 billion), which will weigh on AOI.Stellantis's product roadmap from their full-year 2025 results presentation. · StellantisThe results came after the company disclosed a 22.2 billion euro ($26 billion) EV-related charge earlier this month. Cash payments of 6.5 billion euros ($7.7 billion) will be paid out over the next four years, and charges totaling 14.7 billion euros ($17.34 billion) will be taken against the company's 2025 second-half results, Stellantis said. The charges won't impact the company's adjusted operating income, however.The charges were a direct consequence of the company abandoning its earlier aggressive EV targets, CEO Antonio Filosa said, adding that they "largely reflect the cost of over-estimating the pace of the energy transition that distanced us from many car buyers' real-world needs, means and desires."Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,878.88 -29.98 (-0.43%)Dow 3048,977.92 -521.28 (-1.05%)Nasdaq22,668.21 -210.17 (-0.92%)Russell 20002,632.36 -44.93 (-1.68%)VIX19.86 +1.23 (+6.60%)Gold5,296.80 +102.60 (+1.98%)Trending tickersNFLX Netflix, Inc. 96.24 +11.63 (+13.75%)BTC-USD Bitcoin USD 65,550.42 -1,901.90 (-2.82%)NBIS Nebius Group N.V. 91.19 -13.69 (-13.05%)XYZ Block, Inc. 63.70 +9.17 (+16.82%)CRWV CoreWeave, Inc. 79.56 -18.07 (-18.51%)PortfolioSign in to access your portfolioSign inTop gainersAAOI Applied Optoelectronics, Inc. 84.23 +30.54 (+56.88%)BWIN The Baldwin Insurance Group, Inc. 23.23 +4.74 (+25.64%)FIGS FIGS, Inc. 15.45 +2.98 (+23.90%)DELL Dell Technologies Inc. 148.08 +26.63 (+21.93%)PSKY Paramount Skydance Corporation 13.51 +2.33 (+20.84%)Top losersRUN Sunrun Inc. 13.25 -7.17 (-35.11%)FIGR Figure Technology Solutions, Inc. 25.28 -8.76 (-25.73%)CRWV CoreWeave, Inc. 79.56 -18.07 (-18.51%)ACA Arcosa, Inc. 107.48 -20.02 (-15.70%)TPC Tutor Perini Corporation 75.37 -14.01 (-15.67%)Most activeNVDA NVIDIA Corporation 177.19 -7.70 (-4.16%)NFLX Netflix, Inc. 96.24 +11.63 (+13.75%)SOFI SoFi Technologies, Inc. 17.76 -1.34 (-7.02%)PLUG Plug Power Inc. 1.7900 -0.1200 (-6.28%)NU Nu Holdings Ltd. 14.98 -0.08 (-0.53%)Top economic eventsEarnings eventsMy earnings eventsEarnings events