Daimler Truck: net profit down 48% in Q2 2026 despite revenue growth

Herz — Business Desk · 7 August 2026 at 06:33 · 30s summary · 2 min read

What we know

Daimler Truck's net profit fell 48% in Q2 2026 to €128 million. In the same quarter of 2025, this result reached €245 million, according to Wirtschaftswoche and Handelsblatt.

Operating profit declined 9% to €360 million. In the industrial segment alone, excluding financial services, the decline reaches 20%.

Tariffs continued to weigh on the group's profitability during the quarter, according to Daimler Truck's statement.

Revenue, by contrast, rose 5% to approximately €12.3 billion. Vehicle sales increased 8%, reaching 86,707 trucks and buses.

Key figures

Context

This decline is part of a sustained downward trend. In 2025, Daimler Truck's profit fell 34% to €2 billion. In the first quarter of 2026, it declined 80%.

Daimler Truck launched a cost-cutting program last year called "Cost Down Europe." This plan aims to reduce operating costs in Europe by more than €1 billion by 2030. It includes the elimination of approximately 5,000 positions in Germany, primarily within the Mercedes-Benz Trucks brand, as well as cost savings in North America.