Mercedes-Benz Group AG

MBG: XETR (DEU)

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Mercedes-Benz Earnings: Profitability Weakens While New Product Cycle Ramps Up

Rella Suskin , Andrea Burigana

Apr 29, 2026

Mercedes reported first-quarter car revenue and EBIT declines of 5% and 47%, respectively, with underlying return on sales within the guided range. A 6% decline in car deliveries was a key drag, reflecting regional diverging trends between China and Western markets.

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Mercedes-Benz Group AG

Mercedes-Benz Earnings: Profitability Weakens While New Product Cycle Ramps Up

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