In the 2025 financial year, pro forma sales adjusted for currency effects fell by 0.6% to € 23,492 million, compared to € 24,313 million in the previous year. In the Americas and Asia/Pacific regions, revenue adjusted for currency effects rose by 2.4% and 5.1% respectively. In Europe and Greater China, they fell by 2.3 % and 4.2 % respectively.

EBIT before special items increased to EUR 936 million after EUR 842 million in the pro forma previous year. The EBIT margin before special items improved from 3.5% to 4.0%.

E-mobility grows, result remains negative

The E-Mobility division increased its sales by 7.0% to 5,015 million euros after adjusting for currency effects. Growth in Asia/Pacific was particularly strong at 22.5%. Incoming orders amounted to around 15.5 billion euros in 2025, of which around 2.0 billion euros were for battery electric drives and 8.8 billion euros for hybrid drives.

EBIT before special items improved from minus 1.066 billion euros to minus 805 million euros. The EBIT margin before special items was minus 16.0% after minus 22.1% in the previous year.

Powertrain & Chassis with double-digit margin

In the Powertrain & Chassis division, currency-adjusted sales fell by 5.2% to 8.900 billion euros. EBIT before special items amounted to 933 million euros, compared to 1.101 billion euros in the previous year. The EBIT margin before special items was 10.5%.

Vehicle Lifetime Solutions increased turnover by 5.0% to 3.038 billion euros. EBIT before special items amounted to 450 million euros, while the margin remained stable at 14.8%.

Bearings & Industrial Solutions increased EBIT before special items to 475 million euros after 435 million euros. The margin improved from 6.7% to 7.5% on sales of 6.368 billion euros.

New business areas: Robotics and defense

The company has been bundling new activities outside its core business in the Others division since 2025. By 2035, up to 10% of revenue is expected to come from new growth areas, including humanoid robotics and defense. In this context, partnerships have been announced with Agility Robotics, Neura Robotics, Leju Robotics and Helsing, among others.

Free cash flow clearly positive

Free cash flow before cash inflows and outflows for M&A activities amounted to EUR 266 million after EUR -694 million in the previous year and was therefore above the forecast corridor of EUR 0 to 200 million. The figure was negatively impacted by restructuring and integration payments of EUR 242 million. Investments in property, plant and equipment and intangible assets fell to EUR 974 million after EUR 1.460 billion in the previous year.

"In a challenging environment, the Schaeffler Group has successfully continued its transformation into the world's leading 'Motion Technology Company' with four product-oriented divisions and eight product families. We are making good progress in our core business. This applies in particular to the E-Mobility division, where we have achieved above-average growth. In addition, we are gradually tapping into new growth areas in the fields of humanoid robotics and defense with the strategic goal of generating up to 10% of our sales in new growth areas by 2035. We are implementing our earnings improvement program announced in 2024 faster than planned. Based on the strong free cash flow, we want our shareholders to participate in the Schaeffler Group's success with a dividend of 0.30 euros," says Klaus Rosenfeld, CEO.

Group result burdened by special effects

The consolidated result attributable to shareholders amounted to minus 424 million euros. Special effects amounting to EUR 572 million, including restructuring and software amortization, had a negative impact on the result. Before special effects, the Group result amounted to 148 million euros. Earnings per ordinary share amounted to minus 0.45 euros.

Net financial debt amounted to EUR 4.915 billion as at December 31, 2025. The gearing ratio before special items was 2.1 after 2.5 in the previous year. The company employed 110,753 people worldwide.

The Management Board and Supervisory Board are proposing a dividend of EUR 0.30 per share, compared to EUR 0.25 in the previous year.

Outlook 2026

For 2026, the company expects turnover of between EUR 22.5 and 24.5 billion. The EBIT margin before special items is expected to be between 3.5% and 5.5%. Free cash flow before M&A activities is forecast to be in the range of EUR 100 million to EUR 300 million.