Logotype for Porsche Automobil Holding SE

Porsche Automobil Holding (PAH3) investor relations material

Porsche Automobil Holding Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Porsche Automobil Holding SE
Q2 2025 earnings summary13 Aug, 2025

Executive summary

  • Adjusted group result after tax fell to €1,110 million from €2,112 million year-over-year, mainly due to lower contributions from core investments and a significant impairment on Porsche AG.

  • Group result after tax dropped to €338 million from €2,112 million, reflecting non-cash impairment effects.

  • Dividends received: €743 million from Volkswagen AG and €262 million from Porsche AG.

  • Net debt decreased to €4,938 million from €5,160 million at year-end 2024.

  • The group remains highly exposed to the performance of Volkswagen AG and Porsche AG.

Financial highlights

  • Revenue at Volkswagen Group was €158.4 billion, nearly flat year-over-year.

  • Volkswagen Group operating result declined to €6.7 billion from €10.0 billion; operating margin fell to 4.2% from 6.3%.

  • Porsche AG revenue decreased 6.7% to €18.2 billion; operating result dropped to €1.0 billion from €3.1 billion.

  • Gross margin at Porsche AG fell to 18.5% from 26.8%.

  • Group cash inflow from operating activities was €906 million, down from €1,584 million.

Outlook and guidance

  • Adjusted group result after tax for 2025 now expected between €1.6 billion and €3.6 billion, revised down from €2.4–4.4 billion.

  • Volkswagen Group expects 2025 revenue and deliveries to be flat year-over-year; operating margin guidance lowered to 4.0–5.0%.

  • Porsche AG forecasts 2025 operating return on sales of 5–7% and revenue of €37–38 billion.

  • Net debt at year-end 2025 expected between €4.9 billion and €5.4 billion.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Porsche Automobil Holding earnings date

Logotype for Porsche Automobil Holding SE
Q3 202511 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Porsche Automobil Holding earnings date

Logotype for Porsche Automobil Holding SE
Q3 202511 Nov, 2025

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.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Porsche Automobil Holding SE is a German investment holding company primarily focused on investments in the automotive sector. Its main asset is a controlling interest in Volkswagen AG, through which it indirectly participates in various automotive and mobility businesses. The company also engages in selective strategic investments. Porsche Automobil Holding SE is headquartered in Stuttgart, Germany, and its shares are listed on the XETRA.

Quartr provides global coverage of all investor relation material from public companies.

  • 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.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage