Stellantis said it has turned a net profit of about $343 million over the second quarter of 2026, driven primarily by a huge gain in sales and revenue in North America. On Thursday, July 30, the automaker reported $49.8 billion in total revenue, a jump of 13% compared with the same time period in 2025.
Stellantis, which does business in essentially every region of the world, made its most impressive gains in the United States, Mexico and Canada. In the North American region, revenues (the amount of money coming in before considering expenses) increased 32% when compared with the same time period in 2025, up to $20.8 million.
Stellantis (which owns nameplates such as Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo and Maserati) largely bucked industry
trends over the first half of the year; it was the only Detroit Three automaker to post sales gains in both quarters. Those gains have driven this boost in revenue.
Stellantis performed well in North America, but in other regions it was rather stagnant. In Europe, the automaker's net revenues increased about 1%. In Asia, net revenues were down 8%. In South America, Stellantis netted a 2% increase in revenues, and in the Middle East and Africa, revenues dropped 0.2% when compared with the first half of 2025.
North America, though, was up 32% for the second quarter (and 21% over the first half of this year), driven by sales of the Jeep Grand Wagoneer, Ram 1500, Dodge Durango and Chrysler Pacifica, the automaker said.
A second-straight quarter of profit is welcome news for Stellantis, which took an enormous loss of $26 billion at the end of 2025. That hit, the largest Stellantis has ever seen, was driven largely by the company's pivot away from electric vehicles and the costs associated with scaling back those programs. The U.S. automotive industry across the board took big hits in 2025 after U.S. President Donald Trump significantly rolled back incentives for automakers that produce electric vehicles.
A year earlier, Stellantis said it lost 2.6 billionduring the same time period, citing tariffs.
Stellantis previously had a goal for most of the vehicles it sold to be electrified by 2030. This year, in May, it ditched that plan entirely and outlined a more nuanced strategy for its business operations: A $30 billion bet that consumers still have an appetite for gas-powered cars.
The new strategy, dubbed "FaSTLAne 2030," is intended to emphasize four of Stellantis' key brands — Ram, Jeep, Fiat and Peugeot — while other nameplates will be less in focus. The plan outlines how the company will be more disciplined in spending, launch new products and cater to consumers' desires for gas-powered cars, especially in the United States.
"FaSTLAne 2030" will see the automaker direct most of its funding toward those brands while the other 10 nameplates in its portfolio will mostly borrow from research and development gains made by the leading four brands. The strategy is driven by several key tenets, including a bevy of new product launches (including these new vehicles in the U.S.) and, as it has just reported, a return to profitability.
Antonio Filosa, the CEO of Stellantis, celebrated the gains in a news release as the automaker filed its numbers.
"The second quarter was marked by continued progress, led by North America and supported by important contributions from all other regions," Filosa said. "With implementation of our FaSTLAne 2030 strategy well underway and this year’s exciting new product launches on time and on track, we remain confident of delivering our 2026 financial guidance."
Stellantis' key results by the numbers
These are the key numbers Stellantis reported in its second-quarter results:
- Net profit of $343 million, compared with 2025’s second-quarter net loss of $2.6 billion.
- Total revenues of $49.8 billion compared with $44.4 billion in the second quarter of 2025.
- Vehicle shipments (in other words, how many finished vehicles were sent to dealerships or customers) were up about 10% in the second quarter compared with Q2 2025 and up 11% in 2026’s first half.
(This is a developing story.)
Liam Rappleye covers Stellantis and the UAW for the Detroit Free Press. Contact him: LRappleye@freepress.com.
This article originally appeared on Detroit Free Press: Stellantis turns multi-million-dollar profit in second quarter of 2026
