Renault Group reported €30.3 billion in revenue for the first half of 2026, up 9.5% on the same period last year, with growth from both its car business and Mobilize Financial Services. Net income reached €0.7 billion and the group operating margin came in at 5.2% of revenue. Management confirmed its full-year targets, pointing to strong demand for electric and hybrid models and progress on its futuREady cost and product plan.

Renault Group has published its results for the first half of 2026, showing higher revenue and what the company calls a robust performance across its automotive brands and its financing arm. The figures were reviewed by the Board of Directors on 29 July 2026.

Group revenue reached €30,252 million, up 9.5% year-on-year, or 10.3% at constant exchange rates. Automotive revenue accounted for €26,806 million of that total (+9.3%, or +10.2% at constant rates), while Mobilize Financial Services (MFS) contributed €3.4 billion, up 11.0%.

Margins and profit

The group operating margin stood at €1,567 million, equal to 5.2% of revenue. Within that, the automotive operating margin was €814 million, or 3.0% of automotive revenue, down from €985 million a year earlier. MFS added €753 million to the operating margin, €85 million more than in the first half of 2025.

Net income came in at €721 million, with the group’s share at €705 million, or €2.39 per share. Automotive free cash flow was €653 million, including a €250 million dividend from MFS (versus €150 million a year earlier). The automotive net cash position was €6,570 million at 30 June 2026, down from €7,335 million at the end of 2025, after dividend payments of €655 million and net financial investments of €605 million.

Electrified sales lead the growth

Renault Group says demand for electrified cars was a key driver. In Europe, electrified models made up 52.0% of group sales in the first half, up 8.2 points year-on-year. Fully electric sales rose 47.6% and represented 18.8% of group sales (+6.5 points), while hybrids accounted for roughly a third of sales.

According to the company, the Renault brand ranked #2 in Europe for passenger cars and light commercial vehicles combined, as well as #2 in retail EV and HEV sales. Dacia placed among the ten best-selling passenger-car brands, with the Sandero described as the best-selling passenger car across all channels. Alpine sales rose 69.1% on the first half of 2025.

Outside Europe, the group reported growth in India (+61.2%), Türkiye (+15.4%), Morocco (+13.7%) and Brazil (+5.3%), with Renault-brand sales up 2.8% for a second consecutive year.

New models and cost targets

The first half saw the launch of the Clio VI and Twingo E-Tech electric in Europe, plus the Boreal and Duster in international markets. The company says the second half will bring the Renault Niagara for international markets, the new Renault Megane E-Tech, the Dacia Striker, Dacia Sandero HEV and new Dacia Spring, with production of the Trafic Van E-Tech — described as its first European Software Defined Vehicle — due to start before the end of the year.

On costs, the group says it aims to cut variable cost of goods sold by around €400 per vehicle per year on average over the medium term, and to keep cash fixed costs stable. It also flagged measures to limit the impact of the Middle East crisis on raw material, energy and logistics costs.

“Our robust first-half results demonstrate that futuREady is more than a strategic plan – it is becoming the way Renault Group operates.”

said François Provost, CEO of Renault Group.

What it means

The results point to a carmaker leaning on a fast-expanding electrified line-up and a profitable in-house finance business to offset pricing pressure in Europe and currency headwinds in markets such as Türkiye and Argentina. For buyers, the pipeline signals a busy second half of new Renault and Dacia launches.

Outlook

Renault Group confirmed its 2026 financial guidance of a group operating margin of around 5.5% of revenue and automotive free cash flow of around €1.0 billion.

Facts: Renault Group 2026 H1

  • Group revenue: €30,252 million (+9.5%)
  • Automotive revenue: €26,806 million (+9.3%)
  • MFS revenue: €3.4 billion (+11.0%)
  • Group operating margin: €1,567 million (5.2% of revenue)
  • Automotive operating margin: €814 million (3.0%)
  • Net income: €721 million (€2.39 per share)
  • Automotive free cash flow: €653 million
  • Automotive net cash position: €6,570 million (30 June 2026)
  • 2026 guidance: operating margin ~5.5%, automotive free cash flow ~€1.0 billion

Source: media.renaultgroup.com