Sixt (SIX2) Q3 2025 earnings summary

Executive summary

• Achieved record Q3 2025 revenue and significant earnings increase, with revenue reaching EUR 1.32 billion, up 6.6% year-over-year, and EBT of EUR 258.4 million, marking the second-strongest quarterly result in company history.

• Full-year 2025 guidance confirmed, with revenue and EBT margin targets maintained despite macroeconomic and geopolitical headwinds.

• For the first nine months, revenue rose 7.8% to EUR 3.27 billion, with the European segment leading growth at 13.4%.

Financial highlights

• Q3 2025 revenue grew 8.2% year-over-year (USD-FX adjusted), and total revenue for the first nine months was up 7.8% (8.8% USD-FX adjusted) compared to 9M 2024.

• EBT increased 4.9% versus Q3 2024 and 23.5% versus 9M 2024, reaching the second-best quarterly EBT in company history.

• Corporate EBITDA for 9M 2025 was EUR 541.9 million, up 21.6% year-over-year; Q3 EBITDA was EUR 601 million, up 12.9% year-over-year.

• Consolidated profit for 9M 2025 was EUR 247.4 million, up 20.9% year-over-year.

• EBT margin for 9M 2025 was 10.7% (up from 9.3%); Q3 margin was 19.5%.

Outlook and guidance

• FY 2025 revenue expected around EUR 4.25bn (+6%; +8% at stable FX rates), with EBT margin in the area of 10%.

• Guidance maintained despite economic uncertainty, including weak U.S. consumer sentiment and global macro headwinds.