The German automaker Bayerische Motoren Werke (BMW) recorded a decline in pre-tax profit and revenue in 2025 and forecast a decrease in revenue in 2026 due to tariffs on imports to the U.S.
According to BMW, the group's annual revenue decreased by 6.3% to €133.45 billion compared to €142.38 billion a year earlier.
Pre-tax profit fell by 6.7% to €10.24 billion, and net profit decreased by 3% to €7.45 billion.
The EBIT margin in the automotive segment - the main profitability indicator of BMW's operations - shrank to 5.3% in 2025 from 6.3% in 2024.
The company forecasts an EBIT margin in the automotive segment of 4-6% in 2026, noting that tariffs on car imports to the U.S. will negatively impact this figure and could take away about 1.25 percentage points from it.
Pre-tax profit is expected to decline at a moderate pace compared to last year.
In the past year, sales of BMW, MINI, and Rolls-Royce cars increased by 0.5% to 2.46 million units, while motorcycle sales decreased by 2.7% to 202.6 thousand.
Since the beginning of the year, the company's market capitalization has fallen by 13.2% to €48 billion.
