Porsche lost 96% of its profits in the first nine months of 2025 (3 photos)

German sports and luxury car manufacturer Porsche's profit fell 95.9% year-on-year in the first three quarters of this year, reaching just €114 million.





In the third quarter alone, the company's losses are estimated at €967 million. Operating profit for the first nine months was €40 million, down 99% from the year-ago figure (approximately €4 billion). Sales fell 6% to approximately €26.9 billion.



According to experts, Porsche's difficulties are partly due to a dramatic shift in the company's future strategy. Management decided to cancel ambitious plans for the development of electric vehicles, including battery production. The planned release of new electric vehicle models has been postponed, and Porsche is now planning to focus more of its investments on the production of vehicles with internal combustion engines. These adaptation measures will cost the company an additional €3.1 billion this year alone.