Stellantis NV

STLAM: XMIL (ITA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Stellantis Earnings: North America Supports Profitability, While Europe Remains Under Pressure

Rella Suskin , Andrea Burigana

Apr 30, 2026

Stellantis showed early signs of recovery in the first quarter, with revenue growing 6% year over year, driven by a 12% increase in global deliveries. Adjusted operating margin reached 2.5%, in line with full-year guidance. That said, execution remained uneven, weighing on market sentiment.

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Stellantis NV

Stellantis Earnings: North America Supports Profitability, While Europe Remains Under Pressure

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