BMW Group Reports Decline in Revenue and Profit for First Half, Lowers Full-Year Earnings Outlook

BMW Group reported revenue of €62.266 billion in the first half of 2026, down 8% year-over-year; Q2 revenue stood at €31.259 billion, a 7.9% decline compared to the same period last year. Global vehicle deliveries for the first half totaled 1,156,700 units, down 4.2% year-over-year. Amid intensifying market competition and declining sales, the group’s earnings before tax (EBT) for the first half amounted to €4.045 billion, a 29.4% decrease year-over-year; Q2 EBT was €1.697 billion, down 35.1% year-over-year. The company expects full-year vehicle deliveries to decline slightly and its full-year EBT to be significantly lower than the prior-year level.