Renault SA

Latest Results (05.06.2026):

Renault SA — Full year 2025: The group reported revenues of €57,922 million for FY2025 but moved to a large net loss: operating loss of €(7,867)m and consolidated net income of €(10,795)m (parent shareholders’ share: €(10,931)m), driven mainly by a one‑off accounting loss linked to its investment in Nissan and significant "other operating expenses". Earnings per share (basic) were €(39.99) for FY2025 versus €2.76 in FY2024.

Revenues

Revenues: €57,922m in FY2025, up from €56,232m in FY2024 — modest top‑line growth year‑on‑year.

Operating result

Operating income (loss): €(7,867)m in FY2025 versus an operating profit of €2,576m in FY2024. The FY2025 operating result includes a €(9,315)m loss from the change in accounting treatment of the Nissan investment (reported in the notes).

Nissan accounting change (one‑off)

One‑off impact: The income statement includes a €(9,315)m charge relating to the change in accounting treatment of Renault’s investment in Nissan (Note 6‑B), a principal driver of the swing to large operating and net losses.

Associates and joint ventures (Nissan)

Share of net income (loss) of associates and JVs: a loss of €(2,198)m in total. The Nissan contribution alone was a €(2,331)m loss (versus a €(483)m loss in 2024), worsening the group’s results from equity‑accounted investments.

Net income and EPS

Pre‑tax income: €(10,273)m; Net income: €(10,795)m. Net income attributable to Renault parent shareholders: €(10,931)m. Basic and diluted EPS: €(39.99) (diluted EPS not adjusted for dilution because net income is negative). FY2024 basic EPS was €2.76.

Key cost items

Costs: Cost of goods sold increased to €46,875m (from €44,500m). R&D expenses were €2,172m (slightly down from €2,274m). SG&A was largely stable at €5,243m (vs €5,195m). Other operating expenses jumped to €(11,561)m (versus €(2,485)m in 2024), a major contributor to the deterioration.

Financial result and non‑controlling interests

Financial income (expenses): net €(208)m (improved from €(517)m in 2024). Non‑controlling interests contributed €136m to the 2025 result (compared with €139m in 2024).

Comprehensive income and equity items

Comprehensive income: total comprehensive loss of €(9,082)m for FY2025. Other comprehensive income items were positive overall (+€1,713m net), driven by translation adjustments and partial hedge items; these partly offset the large net loss in the period.

Shares outstanding

Number of shares used for basic EPS: 273,380 thousand (diluted shares: 273,380k reported; 276,883k in 2024).