Volvo Cars Q1 Revenue Reached 72.62 Billion Swedish Krona

Published: Apr 30, 2026 18:13

Save

On April 29, Volvo Cars announced that the company's Q1 revenue was 72.62 billion Swedish kronor, above expectations of 72.03 billion Swedish kronor. Operating profit was 1.6 billion kronor ($172 million), below 1.9 billion kronor in the same period last year. The company's CEO stated that as locally developed car models such as the XC70 launch new versions covering larger market segments, performance in the Chinese market is expected to begin improving.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 mins ago

[SMM Analysis] Zinfra × CATL: Building a New "Product + Service" Model for Energy Storage in Australia

6 mins ago

1 hour ago

[SMM Analysis] CATL Reshapes Its Mining Strategy

1 hour ago

2 hours ago

GAC Group: Q1 Consolidated Total Operating Revenue of 20.229 Billion Yuan

On April 29, GAC Group released its Q1 2026 report. During the period, the company's consolidated total revenue was 20.229 billion yuan, up 1.76% YoY, with net profit attributable to shareholders of the publicly listed firm at -656 million yuan. In Q1 this year, GAC Group's proprietary brand sales reached 166,200 units, up 42% YoY.

2 hours ago