Stellantis, the world's fourth-largest automaker, announced on Thursday a net loss of €20.1 billion for the second half of 2025. This follows the company's earlier statement this month that it would record a €22.2 billion charge related to the scaling back of its electric vehicle plans.

The company's adjusted operating income (AOI) for the latter half of the year was negative €1.38 billion (approximately $1.63 billion). Both the net loss and the AOI figure fall within the preliminary estimates the company released earlier this month.

Stellantis stated that its net revenue for the second half of the year increased by 10% compared to the same period last year. The company reported that it had recognized asset impairment charges totaling €25.4 billion for the year, which led to the 2025 financial results "reflecting the costs of an overestimation of the pace of the energy transition."

These asset impairments include approximately €6.5 billion in cash outflows, which are expected to be completed gradually over a four-year period starting in 2026.

The company reiterated its 2026 forecast on Thursday, anticipating mid-single-digit percentage growth in net revenue and an adjusted operating profit margin remaining in the low single digits. Stellantis expects its industrial free cash flow to turn positive only in 2027.

Stellantis also confirmed that it will not pay a dividend this year.