Porsche Faces $1.1 Billion Quarterly Loss Amid Ongoing Crisis

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Oct 24 2025

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Source: Reuters

Operating Loss: Porsche reported a significant operating loss of 966 million euros in Q3, contrasting sharply with a profit of 974 million euros in the same period last year, primarily due to challenges in transitioning to electric vehicles and declining sales in China.
Job Cuts and Restructuring: The company plans to cut 1,900 jobs in the coming years, in addition to 2,000 layoffs of temporary workers this year, as it navigates a major restructuring amid ongoing market difficulties.
Leadership Changes: CEO Oliver Blume will hand over the role at Porsche to Michael Leiters in 2026, following criticism over Blume's dual role as CEO of both Porsche and parent company Volkswagen.
Future Outlook: Porsche anticipates a challenging market environment, maintaining its 2025 guidance with a projected return on sales of up to 2%, significantly down from 14% last year, and expects a 3.1 billion euro impact from its EV strategy overhaul.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.