Renault SA reported a staggering €10.93 billion net loss for 2025, driven by a €9.3 billion non-cash charge related to its Nissan Motor Co. stake. The French automaker's loss of €40 per share marks a dramatic reversal from the €752 million profit recorded in 2024, highlighting the financial strain from accounting changes.

The underlying business showed resilience with revenue climbing 4.5% to €57.92 billion, while automotive sales grew 1.8% to €51.44 billion. However, foreign exchange headwinds, particularly from the Turkish lira and Argentine peso, shaved €814 million from results. Operating margin contracted to 6.3% from 7.6%, with the automotive division's margin falling to 4.2% from 5.3%.

Despite the massive loss, Renault maintained its dividend at €2.20 per share and projected a 5.5% operating margin for 2026. The company's electric vehicle strategy showed promise, with battery-electric vehicle sales surging 77.3% in Europe. Renault's automotive net cash position remained strong at €7.37 billion, providing a buffer as the company navigates its alliance restructuring and market transformation.