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Bearing and motion technology supplier Schaeffler generated revenue of EUR 17.48 billion in the first nine months of 2026. According to the company’s announcement issued in Herzogenaurach on 3 November 2026, revenue was close to the prior-year level at constant currency, while EBIT before special items rose 6.5 percent to EUR 794 million and the margin improved from 4.2 percent to 4.5 percent.
Higher margin in Bearings & Industrial Solutions
The Bearings & Industrial Solutions division, the business most closely followed in power transmission, grew revenue by 1.1 percent at constant currency to EUR 4.80 billion over the nine months. Its EBIT before special items increased from EUR 373 million to EUR 426 million, lifting the margin from 7.8 percent to 8.9 percent.
On the automotive side, Powertrain & Chassis revenue fell 4.6 percent at constant currency to EUR 6.30 billion, with a margin of 10.8 percent. Vehicle Lifetime Solutions grew 1.8 percent to EUR 2.42 billion with a 15.1 percent margin. E-Mobility revenue rose 4.6 percent to EUR 3.87 billion, while the division posted negative EBIT before special items of EUR 571 million; the company said it recorded around EUR 240 million in impairments and provisions in this division, of which EUR 220 million was booked in the third quarter as special items.
Regional picture and cash flow
At constant currency, revenue declined 0.4 percent in Europe and rose 0.5 percent in the Americas. Asia/Pacific grew 7.3 percent, while Greater China fell 7.9 percent, according to the release.
Free cash flow before cash flows from M&A activities was minus EUR 40 million for the nine months (prior year: EUR 47 million), but reached EUR 260 million in the third quarter alone. Net income attributable to shareholders was EUR 11 million after EUR 201 million in special items (prior year: minus EUR 244 million). Net financial debt stood at EUR 5.30 billion, equivalent to 2.3 times EBITDA before special items. The group employed 108,004 people as of 30 September 2026.
Full-year guidance confirmed
Schaeffler confirmed its full-year 2026 guidance and its mid-term targets for 2028. “The Schaeffler Group has generated solid results in a challenging market environment in the first nine months,” said CEO Klaus Rosenfeld.
Sources
- Schaeffler AG, “Schaeffler with solid nine-months results” (press release), Herzogenaurach, 3 November 2026 — https://www.schaeffler.com/en/media/press-releases/press-releases-detail.jsp?id=88224327
Image: Schaeffler — headquarters in Herzogenaurach.
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