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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Audi Group
Audi Group (AUDI) investor relations material
Audi Group has been private
Audi Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary27 Jul, 2026
Executive summary
Deliveries declined 7.2% year-over-year to 736,878 units, mainly due to market pressure in China and the USA.
Revenue decreased 10.4% year-over-year to €29.2bn for H1 2026, reflecting lower sales in China and the USA.
Operating profit rose slightly to €1.1bn, with margin improving to 3.8% from 3.3% year-over-year, supported by cost discipline.
Net cash flow more than doubled to €1.9bn, driven by working capital improvements and disciplined spending.
Financial highlights
Revenue for H1 2026: €29.2bn, down from €32.6bn in H1 2025.
Operating profit: €1.1bn (3.8% margin), up from €1.1bn (3.3% margin) in H1 2025.
Net cash flow: €1.9bn, up over 100% year-over-year.
Gross profit dropped 15.2% year-over-year to €3.0bn.
Financial result decreased to €402m, mainly due to a sharp decline in China business.
Outlook and guidance
FY2026 guidance: deliveries expected between 1.55m and 1.65m vehicles, revenue €58–65bn, ROS 5–7%, net cash flow €3–4bn, investment ratio 11–13%.
Guidance reflects current tariff situation and persistent risks from China competition, Middle East conflict, and global economic fragmentation.
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Next Audi Group earnings date
Q3 20266 Nov, 2026
Audi Group
Next Audi Group earnings date
Q3 20266 Nov, 2026
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Frequently asked questions
Audi AG is a German automotive manufacturer specializing in upmarket vehicles. The company has a rich history and a global presence, with vehicles produced in a number of production facilities worldwide. Audi's product range includes a variety of luxury cars and SUVs, emphasizing sporty vehicles, high build quality, and progressive design. The company is headquartered in Ingolstadt, Bavaria, Germany, and its shares are listed on the Frankfurt Stock Exchange.