French automotive group Renault reported a net loss of €10.931 billion for 2025. This result marks a drastic deterioration compared to last year's profit of €752 million. The main cause of the negative balance is an accounting revaluation of the stake in Japanese partner Nissan, which burdened the accounts by €9.3 billion. Nevertheless, the group's operating revenues increased by 3 percent.

Multi-billion euro accounting loss

Group Renault reported a net loss of €10.9 billion, stemming mainly from the updated valuation of its stake in Nissan.

Growth in operating revenues

Despite the net loss, revenues grew by 3% to €57.9 billion, and volumetric sales exceeded 2.33 million cars.

Electric future in Spain

The company plans to launch production of electric cars at its factory in Palencia in 2028, targeting the compact car segment.

French automotive giant Renault closed the 2025 fiscal year with a record net loss exceeding €10.9 billion. This drastic financial result is a direct consequence of a change in the accounting treatment of its stake in Japanese strategic partner, Nissan. According to the published annual report, the write-down for the updated value of capital stakes in the Japanese conglomerate amounted to €9.3 billion. Excluding this one-time, albeit massive, accounting impact, the company would have generated a net profit of around €715 million. This situation casts a shadow on the overall financial health of the alliance, but the company's management assures that operationally the venture remains stable. The Renault-Nissan-Mitsubishi alliance, initiated in 1999 by Carlos Ghosn, was once a model of global industrial cooperation, but in recent years it has been grappling with internal friction and technological challenges. Despite the enormous net loss, Renault's operational data indicates some resilience in a difficult market environment. Group revenues grew by 3 percent, reaching €57.9 billion. Volumetric sales increased to over 2.33 million vehicles, which CEO François Provost described as a first-class result in the automotive sector. However, the operating margin deteriorated, falling from 7.6 percent in 2024 to 6.3 percent last year. The company has set a conservative target of achieving an operating margin of 5.5 percent in 2026, suggesting a cautious approach to the upcoming economic climate. 10,9 mld € — Renault's net loss in 2025 amounted to The group's strategic plans now involve an intense focus on electromobility. The group plans to start production of electric vehicles at its Spanish plant in Palencia by 2028. This is intended to be a key element of the strategy to regain profitability in the C-segment, i.e., among compact cars. Renault's situation is being closely watched by investors, especially in the context of broader sector problems in Europe, where rival Stellantis saw a sharp drop in its share price after presenting its own financial results. „These results confirm our teams' commitment to ensuring consistent, high efficiency in a complex market context.” — François Provost Renault Group revenues in billions of euros: 2024: 56.2, 2025: 57.9 Net result depending on accounting treatment: Adjusted operating profit: 715, Net loss (with Nissan): -10931 Key dates for Renault: 19 February 2026 — Publication of the 2025 annual report; end of 2026 — Target to achieve 5.5% operating margin; 2028 — Start of electric car production in Palencia

Media with a liberal-economic profile focus on revenue growth and operational management efficiency despite the accounting write-downs. | Conservative media emphasize the crisis in the European industry and mistakes in the long-term alliance strategy with Asia.

Mentioned People

  • François Provost — Chief Executive Officer (CEO) of the Renault Group, responsible for presenting the financial results.