)

Porsche (P911) investor relations material
Porsche Status Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Strategic realignment and product portfolio
Major realignment addresses unpredictable EV demand, declining luxury demand in China, and US tariffs/currency issues.
Product strategy emphasizes flexibility, expanding ICE, hybrid, and BEV offerings, with new SUVs, sports cars, and lifecycle extensions for Cayenne, Panamera, and 911 into the 2030s.
Continued commitment to electrification with a comprehensive BEV lineup, including new models like Cayenne BEV and 718 BEV, though some electric SUV launches are delayed due to lower demand.
Flexible approach enables adaptation to regional market needs and varying speeds of electrification.
Strategic decisions aim to balance innovation, customer demand, and robust financial results.
Financial implications and guidance update
Up to €1.8 billion in incremental expenses and total extraordinary expenses of about €3.1 billion in FY2025, mainly from depreciation, provisions, battery initiatives, and transformation measures.
Adjusted 2025 sales revenue outlook to €37–38 billion, with group EBIT margin at the lower end slightly positive, upper end at 2%, and EBITDA margin now expected at 10.5–12.5%.
Automotive net cash flow margin forecast remains at 3–5%, with BEV share targeted at 20–22%.
Midterm ambition revised to a double-digit operating margin, with upside potential up to 15% under favorable conditions.
Dividend for FY2025 expected to be significantly lower than last year but above the medium-term framework, with a mid-term pay-out ratio of 50%.
Market and regulatory environment
US import tariffs of 15% from August 1 are factored into forecasts, with mitigation measures like pricing adjustments underway.
Persistent headwinds include US tariffs, softening China demand, slower EV ramp-up, and currency depreciation.
Ongoing discussions with US and EU authorities regarding tariffs and regulatory flexibility, especially for ICE vehicles post-2035.
Flexibility in product offering is seen as key to managing regional regulatory differences and market transitions.
Next Porsche earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Pushing Boundaries and Defining Automotive Luxury
Porsche AG is a renowned luxury automotive manufacturer that specializes in high-performance sports cars, SUVs, and sedans. The company's menu of vehicles features a range of meticulously crafted models, known for their powerful engines, exceptional handling, and timeless design. Porsche's menu includes iconic sports cars like the 911, the Cayman, and the Boxster, as well as SUVs like the Macan and the Cayenne. These vehicles embody the spirit of driving pleasure and exhilaration, attracting discerning customers who appreciate the combination of performance, craftsmanship, and prestige.
Automotive and Financial Services
Porsche operates through two main business segments: Automotive and Financial Services. The Automotive segment involves the design, development, production, and sales of Porsche vehicles worldwide. The Financial Services segment provides financing, leasing, insurance, and mobility services tailored to meet the needs of Porsche customers.
Excellence, quality, and exclusivity
Porsche follows a distinctive business model that centers around engineering excellence, premium quality, and exclusivity. The company's vehicles are meticulously handcrafted, incorporating advanced technologies and luxurious materials. Porsche's commitment to precision and performance has made it a symbol of automotive excellence.
Further reading: The Porsche Family's Race to the Top
Porsche AG has a rich heritage that dates back to 1948 when the first Porsche sports car, the 356, was introduced. Since then, the company has built a reputation for pushing the boundaries of automotive engineering and design, consistently delivering vehicles that combine power, elegance, and innovation.
In addition to its automotive expertise, Porsche has diversified its portfolio to include luxury lifestyle products and experiences. The company offers branded accessories, clothing, and merchandise, allowing enthusiasts to embrace the Porsche lifestyle beyond the realm of automotive ownership.
Within the luxury automotive industry, Porsche AG has notable peers, including: Ferrari, Aston Martin Lagonda, and BMW.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage