The year 2026 started off with sound financial results for the BMW Group, in line with our expectations.
In the first quarter, Group revenues totaled 31 billion euros, a significant increase from Q1 2025.
Group earnings before tax amounted to 2.35 billion euros, approximately 25 percent lower than in Q1 2025.

With this result, we generated a Group EBT margin of 7.6 percent, on the level of the 2025 full year.
The operating profit in the Automotive segment was 1.345 billion euros, with an EBIT margin of 5 percent.
This results in a slight decrease of 3.5 percent compared to the same period last year, driven by the sales decline of all-electric vehicles in the US and China.

The BMW brand saw a decline of 4.6 percent year-on-year, while the MINI brand continued its growth following the successful renewal of its model portfolio.
In our largest sales region, Europe, deliveries increased slightly by 3.0 percent, driven by growth across all powertrains.
The company's performance in Q1 2026 highlights the ongoing impact of global challenges on the automotive industry, including shifting consumer preferences and macroeconomic factors.
