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Daimler Truck (DTG) investor relations material
Daimler Truck Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 Group revenue rose 19% YoY to €12.575bn; adjusted EBIT increased 73% to €1.124bn, net profit was €702m and continuing-operations EPS was €0.91.
Industrial Business revenue increased 20% to €11.635bn; adjusted EBIT was €1.062bn and adjusted return on sales reached 9.1%, versus 6.2% a year earlier.
Higher Trucks North America volumes, pricing and U.S. tariff reimbursements supported the Q3 recovery; full-year guidance was reaffirmed.
Financial highlights
Q3 Group EBIT was €1.045bn versus €553m; adjusted EBIT was €1.124bn versus €648m.
Industrial Business free cash flow reached €974m, versus €24m in Q3 2025; improved earnings and €606m from the ARCHION stake sale supported cash generation.
Industrial Business adjusted EBIT rose from €600m to €1.062bn; gross profit contributed €520m to the YoY bridge, with SG&A down €27m and R&D down €54m.
Q1–3 revenue increased 3% to €34.848bn; adjusted EBIT declined 10% to €2.460bn and continuing-operations net profit fell to €980m from €1.401bn.
Net Industrial Liquidity was €9.156bn at September 30, up from €7.670bn at year-end 2025.
Outlook and guidance
FY 2026 Group adjusted EBIT guidance remains €3.6bn–€4.1bn; Industrial Business guidance is 340k–370k units, €43bn–€47bn revenue, 7%–9% adjusted ROS and €3.0bn–€3.5bn FCF.
FCF guidance includes continuing and discontinued activities, ARCHION integration and stake-sale proceeds, and cash transferred at Mitsubishi Fuso deconsolidation; excluding these items, FCF is expected slightly below 2025.
North American and EU30 heavy-duty market assumptions are 250k–290k and 290k–330k units; guidance assumes USMCA operations and the current tariff framework.
Q4 expectations include higher Group unit sales; Trucks North America ROS near the upper end of 9%–11%, Mercedes-Benz Trucks above its 6%–8% corridor, and Financial Services ROE in the upper half of 6%–8%.
FY26 segment unit-sales guidance is 160k–180k for Trucks North America, 150k–170k for Mercedes-Benz Trucks and 20k–25k for Daimler Buses.
- 2030 targets focus on profitability, growth, and technology leadership, with strong shareholder returns.DTG
Investor presentation - 2026 guidance raised as revenue and profit surged, supported by North America and one-time gains.DTG
Q2 2026 - Resilient results, strategic transformation, and governance reforms defined the AGM agenda.DTG
AGM 2026 - Revenue and profit fell, but strong orders and cost cuts support a stable 2026 outlook.DTG
Q1 2026 - Profitability held steady despite lower sales and revised guidance amid global uncertainties.DTG
Q2 2025 - 2030 plan targets 12%+ margins, €1bn+ cost savings, and accelerated ZEV and tech transformation.DTG
CMD 2025 - Fuso and Hino will merge under a new holding firm to drive CASE and hydrogen mobility from April 2026.DTG
Collaboration - Adjusted EBIT €4.7bn, 8.9% margin, revenue and profit down, cost cuts and electrification ongoing.DTG
Q4 2024 (Media) - Profitability held up despite lower sales; 2025 outlook trimmed on market headwinds.DTG
Q1 2025
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