Volvo Group reports SEK 119.5 billion in Q3 2026 revenue

Volvo Group reported a solid third quarter for 2026, with net sales reaching SEK 119.5 billion, an 8% increase from SEK 110.7 billion in the same period last year. Organic sales growth accounted for 7% of the total revenue increase, supported by higher volume in both vehicle and service segments.

Adjusted operating income for the quarter stood at SEK 14,693 million, yielding an adjusted operating margin of 12.3%, up from 10.6% during the third quarter of 2025. Reported operating income reached SEK 14,354 million, benefiting in part from positive currency movements worth SEK 970 million.

Financial stability was further evidenced by the industrial operations segment, which generated an operating cash flow of SEK 7,195 million, a significant turnaround from the negative SEK 1,739 million recorded in the prior year. Earnings per share rose to SEK 5.29, compared to SEK 3.71 in 2025.

CEO Martin Lundstedt noted that the positive performance was driven by consistent demand for vehicles and services across global markets. The group currently maintains a workforce of nearly 100,000 employees and serves clients in approximately 180 countries.