Volkswagen AG
XETRA:VOW
Income Statement
Earnings Waterfall
Volkswagen AG
Revenue
|
324.7B
EUR
|
Cost of Revenue
|
-263.3B
EUR
|
Gross Profit
|
61.4B
EUR
|
Operating Expenses
|
-37.8B
EUR
|
Operating Income
|
23.6B
EUR
|
Other Expenses
|
-12.8B
EUR
|
Net Income
|
10.7B
EUR
|
Income Statement
Volkswagen AG
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
202 458
N/A
|
207 362
+2%
|
212 426
+2%
|
215 003
+1%
|
213 292
-1%
|
211 521
-1%
|
212 451
+0%
|
212 961
+0%
|
217 267
+2%
|
222 500
+2%
|
224 681
+1%
|
227 400
+1%
|
229 550
+1%
|
231 581
+1%
|
233 578
+1%
|
234 062
+0%
|
235 849
+1%
|
237 633
+1%
|
241 669
+2%
|
247 889
+3%
|
252 632
+2%
|
247 674
-2%
|
223 565
-10%
|
221 500
-1%
|
222 884
+1%
|
230 205
+3%
|
256 422
+11%
|
253 998
-1%
|
250 200
-1%
|
250 536
+0%
|
252 744
+1%
|
266 486
+5%
|
279 050
+5%
|
292 537
+5%
|
303 095
+4%
|
311 267
+3%
|
322 284
+4%
|
321 547
0%
|
324 827
+1%
|
324 460
0%
|
324 656
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(165 557)
|
(169 025)
|
(172 400)
|
(177 885)
|
(177 991)
|
(176 253)
|
(177 391)
|
(173 380)
|
(174 901)
|
(178 930)
|
(179 907)
|
(183 548)
|
(184 816)
|
(186 713)
|
(187 803)
|
(187 087)
|
(188 335)
|
(189 942)
|
(194 074)
|
(198 747)
|
(202 660)
|
(200 205)
|
(185 384)
|
(184 733)
|
(182 757)
|
(186 925)
|
(204 405)
|
(203 531)
|
(202 154)
|
(202 751)
|
(203 591)
|
(213 696)
|
(226 023)
|
(236 459)
|
(245 071)
|
(252 046)
|
(259 927)
|
(260 724)
|
(263 982)
|
(264 160)
|
(263 297)
|
|
Gross Profit |
36 901
N/A
|
38 337
+4%
|
40 026
+4%
|
37 118
-7%
|
35 301
-5%
|
35 268
0%
|
35 060
-1%
|
39 581
+13%
|
42 366
+7%
|
43 570
+3%
|
44 774
+3%
|
43 852
-2%
|
44 734
+2%
|
44 868
+0%
|
45 775
+2%
|
46 975
+3%
|
47 514
+1%
|
47 691
+0%
|
47 595
0%
|
49 142
+3%
|
49 972
+2%
|
47 469
-5%
|
38 181
-20%
|
36 767
-4%
|
40 127
+9%
|
43 280
+8%
|
52 017
+20%
|
50 467
-3%
|
48 046
-5%
|
47 785
-1%
|
49 153
+3%
|
52 790
+7%
|
53 027
+0%
|
56 078
+6%
|
58 024
+3%
|
59 221
+2%
|
62 357
+5%
|
60 823
-2%
|
60 845
+0%
|
60 300
-1%
|
61 359
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(23 828)
|
(24 703)
|
(26 159)
|
(29 196)
|
(35 147)
|
(37 857)
|
(38 908)
|
(37 291)
|
(32 667)
|
(34 096)
|
(32 892)
|
(33 465)
|
(30 107)
|
(30 032)
|
(31 598)
|
(31 902)
|
(31 914)
|
(32 891)
|
(31 506)
|
(31 097)
|
(33 124)
|
(32 688)
|
(30 829)
|
(30 977)
|
(28 888)
|
(28 461)
|
(28 370)
|
(27 149)
|
(31 288)
|
(23 787)
|
(28 417)
|
(30 389)
|
(33 976)
|
(35 551)
|
(36 012)
|
(36 121)
|
(35 337)
|
(37 957)
|
(38 152)
|
(39 840)
|
(37 807)
|
|
Selling, General & Administrative |
(27 133)
|
(27 506)
|
(27 624)
|
(28 736)
|
(31 649)
|
(30 806)
|
(31 077)
|
(30 703)
|
(30 976)
|
(30 441)
|
(29 888)
|
(29 777)
|
(29 592)
|
(28 580)
|
(29 182)
|
(29 120)
|
(29 891)
|
(29 657)
|
(29 379)
|
(29 956)
|
(30 745)
|
(30 450)
|
(29 437)
|
(28 890)
|
(29 090)
|
(27 878)
|
(28 591)
|
(29 025)
|
(29 820)
|
(29 741)
|
(30 279)
|
(30 934)
|
(33 084)
|
(32 488)
|
(33 092)
|
(33 591)
|
(34 509)
|
(34 448)
|
(34 962)
|
(34 762)
|
(36 406)
|
|
Other Operating Expenses |
3 305
|
2 803
|
1 465
|
(460)
|
(3 498)
|
(7 051)
|
(7 831)
|
(6 588)
|
(1 691)
|
(3 655)
|
(3 004)
|
(3 688)
|
(515)
|
(1 452)
|
(2 416)
|
(2 782)
|
(2 023)
|
(3 234)
|
(2 127)
|
(1 141)
|
(2 379)
|
(2 238)
|
(1 392)
|
(2 087)
|
202
|
(583)
|
221
|
1 876
|
(1 468)
|
5 954
|
1 862
|
545
|
(892)
|
(3 063)
|
(2 920)
|
(2 530)
|
(828)
|
(3 509)
|
(3 190)
|
(5 078)
|
(1 401)
|
|
Operating Income |
13 073
N/A
|
13 634
+4%
|
13 867
+2%
|
7 922
-43%
|
154
-98%
|
(2 589)
N/A
|
(3 848)
-49%
|
2 290
N/A
|
9 699
+324%
|
9 474
-2%
|
11 882
+25%
|
10 387
-13%
|
14 627
+41%
|
14 836
+1%
|
14 177
-4%
|
15 073
+6%
|
15 600
+3%
|
14 800
-5%
|
16 089
+9%
|
18 045
+12%
|
16 848
-7%
|
14 781
-12%
|
7 352
-50%
|
5 790
-21%
|
11 239
+94%
|
14 819
+32%
|
23 647
+60%
|
23 318
-1%
|
16 758
-28%
|
23 998
+43%
|
20 736
-14%
|
22 401
+8%
|
19 051
-15%
|
20 527
+8%
|
22 012
+7%
|
23 100
+5%
|
27 020
+17%
|
22 866
-15%
|
22 693
-1%
|
20 460
-10%
|
23 552
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
3 988
|
4 140
|
4 085
|
4 059
|
(952)
|
4 355
|
3 861
|
3 886
|
(108)
|
2 607
|
1 664
|
522
|
1 781
|
799
|
1 688
|
2 752
|
2 700
|
2 725
|
2 535
|
2 239
|
2 479
|
1 310
|
1 313
|
1 198
|
3 793
|
1 864
|
1 648
|
1 709
|
4 353
|
1 787
|
2 291
|
485
|
7 555
|
79
|
(723)
|
1 506
|
(1 638)
|
505
|
181
|
(1 224)
|
(1 178)
|
|
Non-Reccuring Items |
(377)
|
(465)
|
(536)
|
(1 300)
|
(1 309)
|
(1 369)
|
(1 703)
|
(1 054)
|
(1 150)
|
(1 444)
|
(1 202)
|
(1 295)
|
(1 148)
|
(1 174)
|
(1 116)
|
(1 021)
|
(936)
|
(1 224)
|
(1 331)
|
(1 457)
|
233
|
(785)
|
(880)
|
(676)
|
(1 093)
|
(1 236)
|
(1 124)
|
(1 383)
|
(287)
|
(1 206)
|
0
|
0
|
(2 340)
|
(1 000)
|
(1 375)
|
(1 829)
|
(1 155)
|
(1 449)
|
(1 412)
|
(1 218)
|
(4 361)
|
|
Total Other Income |
(1 890)
|
(1 904)
|
(2 735)
|
(2 235)
|
806
|
(2 463)
|
(2 465)
|
(3 407)
|
(1 149)
|
(1 957)
|
(1 064)
|
(191)
|
(1 587)
|
(903)
|
(903)
|
(903)
|
(1 721)
|
(1 064)
|
(1 065)
|
(1 065)
|
(1 204)
|
(339)
|
(338)
|
(339)
|
(2 272)
|
0
|
0
|
0
|
(698)
|
0
|
1
|
0
|
(2 196)
|
0
|
0
|
0
|
(1 033)
|
0
|
0
|
(1)
|
(1 207)
|
|
Pre-Tax Income |
14 794
N/A
|
15 405
+4%
|
14 681
-5%
|
8 446
-42%
|
(1 301)
N/A
|
(2 066)
-59%
|
(4 155)
-101%
|
1 715
N/A
|
7 292
+325%
|
8 680
+19%
|
11 280
+30%
|
9 423
-16%
|
13 673
+45%
|
13 558
-1%
|
13 846
+2%
|
15 901
+15%
|
15 643
-2%
|
15 237
-3%
|
16 228
+7%
|
17 762
+9%
|
18 356
+3%
|
14 967
-18%
|
7 447
-50%
|
5 973
-20%
|
11 667
+95%
|
15 448
+32%
|
24 172
+56%
|
23 645
-2%
|
20 126
-15%
|
24 579
+22%
|
23 028
-6%
|
22 886
-1%
|
22 070
-4%
|
19 607
-11%
|
19 914
+2%
|
22 778
+14%
|
23 194
+2%
|
21 922
-5%
|
21 462
-2%
|
18 017
-16%
|
16 806
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3 726)
|
(3 872)
|
(3 665)
|
(2 074)
|
(59)
|
139
|
710
|
(1 150)
|
(1 912)
|
(2 292)
|
(3 005)
|
(2 414)
|
(2 210)
|
(2 169)
|
(2 245)
|
(2 606)
|
(3 489)
|
(3 329)
|
(3 519)
|
(3 832)
|
(4 326)
|
(3 474)
|
(1 604)
|
(1 365)
|
(2 843)
|
(3 727)
|
(5 875)
|
(5 195)
|
(4 698)
|
(5 822)
|
(5 399)
|
(6 026)
|
(6 217)
|
(5 767)
|
(6 195)
|
(6 847)
|
(5 266)
|
(5 015)
|
(4 715)
|
(4 040)
|
(4 411)
|
|
Income from Continuing Operations |
11 068
|
11 533
|
11 016
|
6 372
|
(1 360)
|
(1 927)
|
(3 445)
|
565
|
5 380
|
6 388
|
8 275
|
7 009
|
11 463
|
11 389
|
11 601
|
13 295
|
12 154
|
11 908
|
12 709
|
13 930
|
14 030
|
11 493
|
5 843
|
4 608
|
8 824
|
11 721
|
18 297
|
18 450
|
15 428
|
18 757
|
17 629
|
16 860
|
15 853
|
13 840
|
13 719
|
15 931
|
17 928
|
16 907
|
16 747
|
13 977
|
12 395
|
|
Income to Minority Interest |
(84)
|
(35)
|
(16)
|
(13)
|
(10)
|
(11)
|
(9)
|
(11)
|
(10)
|
(9)
|
(8)
|
(5)
|
(10)
|
(8)
|
(9)
|
(14)
|
(17)
|
(22)
|
(36)
|
(92)
|
(143)
|
(130)
|
(62)
|
(22)
|
43
|
1
|
(96)
|
(82)
|
(46)
|
(51)
|
(28)
|
(46)
|
(395)
|
(737)
|
(1 116)
|
(1 405)
|
(1 329)
|
(1 228)
|
(1 187)
|
(1 083)
|
(1 043)
|
|
Net Income (Common) |
10 848
N/A
|
11 340
+5%
|
10 826
-5%
|
6 167
-43%
|
(1 582)
N/A
|
(2 162)
-37%
|
(3 679)
-70%
|
329
N/A
|
5 144
+1 464%
|
6 154
+20%
|
8 037
+31%
|
6 749
-16%
|
11 179
+66%
|
11 082
-1%
|
11 274
+2%
|
12 952
+15%
|
11 827
-9%
|
11 518
-3%
|
12 252
+6%
|
13 374
+9%
|
13 346
0%
|
10 839
-19%
|
5 268
-51%
|
4 062
-23%
|
8 334
+105%
|
11 173
+34%
|
17 640
+58%
|
17 818
+1%
|
14 843
-17%
|
18 173
+22%
|
17 051
-6%
|
16 249
-5%
|
14 881
-8%
|
12 516
-16%
|
12 028
-4%
|
13 958
+16%
|
16 013
+15%
|
15 070
-6%
|
14 932
-1%
|
12 255
-18%
|
10 721
-13%
|
|
EPS (Diluted) |
21.56
N/A
|
22.64
+5%
|
21.59
-5%
|
12.29
-43%
|
-3.16
N/A
|
-4.31
-36%
|
-7.34
-70%
|
0.65
N/A
|
10.26
+1 478%
|
12.27
+20%
|
16.03
+31%
|
13.46
-16%
|
22.3
+66%
|
22.1
-1%
|
22.48
+2%
|
25.83
+15%
|
23.59
-9%
|
22.97
-3%
|
24.44
+6%
|
26.68
+9%
|
26.62
0%
|
21.63
-19%
|
10.51
-51%
|
8.1
-23%
|
16.62
+105%
|
22.28
+34%
|
35.18
+58%
|
35.54
+1%
|
29.61
-17%
|
36.25
+22%
|
33.64
-7%
|
32.42
-4%
|
29.69
-8%
|
24.98
-16%
|
24
-4%
|
27.85
+16%
|
31.94
+15%
|
30.07
-6%
|
29.8
-1%
|
24.46
-18%
|
21.39
-13%
|