Schaeffler Q1 FY2026 sales declines 2.7% year over year to €5.8 billion
The German supplier confirms financial guidance for 2026, expecting full-year revenue in the range of €22.5 billion to €24.5 billion and an EBIT margin before special items of 3.5% to 5.0%.
Schaeffler reported financial results for the first quarter ended March 31, 2026, achieving sales of €5.8 billion, a 2.7% year-over-year decrease from €5.9 billion in the first quarter of 2025. At constant currency, sales increased 1%. The Germany-based supplier recorded 3.3% year-over-year growth in EBIT before special items to €285 million, resulting in an EBIT margin before special items of 5.0% compared to 4.7% in the first quarter of 2025.
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