VW stock holds focus as 2025 earnings and delivery data frame the latest view

VW (DE0007664039) stock is framed by Volkswagen Group's 2025 results and the latest investor-relations material, with 2025 revenue at EUR 324.7 billion, operating profit at EUR 19.1 billion, and operating return on sales at 5.9%.

Volkswagen Group's investor-relations page provides the current corporate reference point, while the 2025 annual report remains the main source for the latest full-year operating numbers and the comparison base for investors.

2025 revenue at EUR 324.7 billion

Volkswagen Group reported 2025 revenue of EUR 324.7 billion, after EUR 322.3 billion in 2024, showing a year-on-year increase of EUR 2.4 billion. Operating profit reached EUR 19.1 billion in 2025, compared with EUR 19.0 billion in 2024, while the operating return on sales was 5.9% in both years.

The comparison matters because the top line moved only slightly higher, but the margin stayed at 5.9%, which means investors are still watching how Volkswagen Group converts volume and pricing into profit. That makes the 2025 cost base and mix effect more important than a headline revenue move alone.

Margin stays at 5.9%

Volkswagen Group's 2025 operating margin of 5.9% sat below the scale implied by its EUR 324.7 billion revenue base, so the market focus shifts to profitability rather than size. The same report showed operating profit of EUR 19.1 billion, a result that leaves limited room for execution missteps in 2026.

A second comparison stands out: operating profit rose from EUR 19.0 billion in 2024 to EUR 19.1 billion in 2025, a change of EUR 0.1 billion. That is a small gain against a very large revenue base, which keeps attention on segment mix, pricing, and fixed-cost discipline.

2025 numbers and the product base

Volkswagen Group's product base is still broad, spanning Volkswagen, Audi, Porsche, Škoda, SEAT/CUPRA, and the commercial-vehicle brands. In 2025, the company's scale showed up in EUR 324.7 billion of revenue and EUR 19.1 billion of operating profit, which is the more useful lens than brand breadth alone.

For investors, the practical question is how the group turns that portfolio into a higher or at least steadier margin than 5.9% in 2026. The latest full-year report says the answer still depends on execution across volume, pricing, and cost control.

Stock view and latest reference

VW stock is best read through the combination of the 2025 annual figures and the live investor-relations reference point, because those are the latest concrete anchors available in this article. The company line, the ISIN, and the dated 2025 operating figures together identify the security and the current financial backdrop.

Volkswagen AG (ISIN DE0007664039) is listed on Xetra under VOW3, and the relevant sector framing is automobile manufacturers, which keeps the comparison set centered on global OEM margin and demand trends.