Mercedes-Benz Group AG

MBG: XETR (DEU)

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Mercedes Earnings: Improvements in Underlying Results Overshadowed by Tariffs and Foreign Exchange

Rella Suskin

Jul 30, 2025

Mercedes-Benz car revenue and adjusted EBIT declined 11% and 56% in the second quarter, respectively, with a margin of 5.1%. Excluding tariffs and foreign exchange, adjusted EBIT margins of 6.6% and 8.3% would have been achieved, respectively, in line with original guidance. Free cash flow rose 9%.

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Mercedes-Benz Group AG

Mercedes Earnings: Improvements in Underlying Results Overshadowed by Tariffs and Foreign Exchange

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