Stellantis reports a $22.33 billion net loss for FY 2025, suspending its 2026 dividend amid operational challenges.
Stellantis (STLA) shares have fallen 39% since Antonio Filosa became CEO on June 23, 2025, closing at $5.74 on June 25, 2026, down from $9.36 at his start. The company reported a $22.33 billion net loss for FY 2025, driven by $25.41 billion in unusual charges, including $9.07 billion in program cancellations and $6.58 billion in North American platform impairments.
Despite the losses, Q1 2026 earnings per share tripled analyst estimates at $0.25, and North America operations flipped from a $634 million loss to a $308 million profit. The 2026 dividend was suspended as the company focuses on stabilizing free cash flow before 2027.
Investor sentiment remains cautious, with shares down 48% year-to-date, reflecting broader concerns over warranty risks and competition from Chinese rivals.