Škoda Auto achieves strong financial results, record EV deliveries and second place in Europe in H1

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Monday, 27 Jul 2026 12:00 0 6 autotech
July 27, 2026 by Skoda

  • Continued momentum: Worldwide deliveries rose 9.1% to 555,700 vehicles, while Škoda remained Europe’s second-best-selling car brand in H1 2026
  • Strong financial performance: Revenue rose 6.3% to €16.0 billion, operating profit increased 6.3% to €1.4 billion, return on sales remained strong at 8.5% and net cash flow grew 14.3% to €1.7 billion
  • Record electric vehicle deliveries: BEV deliveries rose 48.3% to a record 108,200 vehicles and PHEV deliveries increased 11.8% to 24,100
  • Expanded BEV line-up: The all-new Epiq SUV crossover and seven-seater Peaq flagship double Škoda’s BEV portfolio
  • Further growth on international market: Deliveries in India rose 7.4% to 35,700

Škoda Auto confirmed its strong position in the global market in the first half of 2026, delivering 555,700 vehicles to customers worldwide, up 9.1% year on year. In Europe (EU27+4), the carmaker remained the second-best-selling brand, retaining the position it held after the first quarter. Driven by growing customer demand for electric vehicles, deliveries of the all-electric Elroq and Enyaq rose 48.3% year on year to 108,200 vehicles. These results make Škoda the fourth-best-selling BEV brand in Europe. Plug-in hybrid deliveries also increased 11.8% to 24,100 vehicles. As a result, more than one in four Škoda customers in Europe chose an electrified vehicle. The recently introduced all-electric Epiq and Peaq double Škoda’s electric portfolio and offer further growth potential, with more than 30,000 orders received across the two models. Škoda Auto’s revenue rose 6.3% to €16.0 billion, operating profit increased 6.3% to €1.4 billion, return on sales remained at a very solid 8.5%, and net cash flow rose 14.3% to €1.7 billion. These results were supported by higher sales volumes, strict cost discipline and the effective use of synergies within the Volkswagen Group and Brand Group Core.

Klaus Zellmer, CEO of Škoda Auto, says: ‘Our first-half results powerfully demonstrate that Škoda Auto is delivering what matters: products that resonate with customers, sustainable growth, and strong profitability. We increased our market share in Europe, continued to grow globally, and further improved our financial performance in a demanding environment. This success is built on listening to our customers, offering the right products at the right time, and continuously improving the efficiency of our business through our Next Level Efficiency+ programme. I would like to thank our customers, employees, suppliers, dealer partners, and the KOVO Trade Union for their support of our brand. Success is a team effort, and they are the people who make these achievements possible.’

Holger Peters, Škoda Auto Board Member for Finance, IT and Legal Affairs, says: ‘These solid financial results once again underline Škoda Auto’s financial resilience. We achieved a substantial increase in operating profit, supported by higher revenue. Our strong net cash flow gives us the flexibility to finance our ongoing transformation. We continue to leverage synergies within the Brand Group Core to improve efficiency in development and production.’

Martin Jahn, Škoda Auto Board Member for Sales and Marketing, says: ‘Customer demand for our fully electric vehicle portfolio continues to grow across our markets. The strong initial response to the Epiq and Peaq, with more than 30,000 orders received for the two models to date, underlines the appeal of these latest additions to our range. This contributed to vehicle deliveries to customers growing by 9.1% year on year. Thanks to the outstanding performance of the Enyaq and Elroq, Škoda became the fourth-best-selling BEV brand in Europe and the second-best-selling European brand overall. At the same time, our focus on customer experience, high-quality aftersales services and the commitment of our retail network continue to play an important role in sustaining this momentum.’

Škoda grows worldwide, ranking as Europe’s second-best-selling brand
Škoda Auto delivered 555,700 vehicles to customers worldwide between January and June, up 9.1% year on year. In Europe (EU27+4), Škoda remained the second-best-selling brand, retaining the position it held after the first quarter. ACEA1 registration figures also confirm its strong performance: with 457,663 vehicles registered, Škoda significantly outperformed the overall market.

Deliveries in Germany reached a record 120,400, up 19.6% year on year, making Škoda the country’s second-best-selling brand. Deliveries also increased in several other major markets, including the Czech Republic (48,900; +6.9%); the United Kingdom (46,600; +6.6%); India (35,700; +7.4%); and Poland (34,500; +14.2%). Škoda also recorded substantial growth in France (+9,3%), Italy (+10,7%), Austria (+16,6%) and Spain (+9,5%).

Continued strong demand for the Elroq and Enyaq: electric vehicle deliveries up almost 50%
Demand for electric vehicles continued to grow in the first half of the year. A total of 132,300 electrified vehicles – BEVs and PHEVs – were delivered to customers worldwide, with the BEV line-up making a major contribution to Škoda’s success. Deliveries of the fully electric Elroq and Enyaq rose 48.3% to a record 108,200 vehicles. Plug-in hybrid deliveries also increased 11.8% to 24,100 vehicles. In Europe (EU27+4), electrified models accounted for 27.7% of total deliveries, meaning that more than one in four Škoda cars were delivered with a plug.

The Elroq is the third-best-selling electric car in Europe (EU27+4). It leads the electric vehicle market in Germany and Denmark, ranks second in the Czech Republic and is among the top three in Austria, Estonia, Switzerland and the Netherlands. Global deliveries reached 59,900 vehicles, making it the fifth-best-selling Škoda model overall.

The Enyaq attracted 48,300 customers worldwide. In Europe, it ranked fourth among the best-selling BEV models, taking the top position in the Czech Republic and ranking among the top three in Austria, Estonia, Slovakia, Switzerland and the United Kingdom. Together, these results make Škoda the fourth-best-selling BEV brand in Europe.

The Octavia remains Škoda’s best-selling model, with 96,500 vehicles delivered (-1.0%). It was followed by the Kodiaq (74,600; +15.2%); the Kamiq (65,400; +1.9%); and the Fabia (61,900; +2.5%).

Škoda doubles its electric portfolio with the Epiq and Peaq
Škoda continued to expand its electric vehicle range in the first half of the year on the upper and lower end and is thus accelerating electrification in Europe, making it even more accessible for larger customer groups. Following the Epiq’s world premiere in May, series production began at the Volkswagen Navarra plant in Pamplona, Spain. Meanwhile, the transfer of additional Octavia Combi production to Kvasiny frees up capacity at the company’s main plant in Mladá Boleslav for the fully electric Peaq flagship. Škoda Auto now offers 14 models in total.

Škoda Auto records further growth in India and North Africa 
Škoda Auto further strengthened its position in India. Deliveries rose 7.4% to 35,700 vehicles, reinforcing India’s strategic importance as the brand’s fourth-largest market. Škoda Auto also achieved growth in North Africa: deliveries rose 7.8% to 3,300 vehicles in Morocco, 62.0% to 3,300 in Egypt and 23.6% to 900 in Tunisia.

1 Source: www.acea.com

Škoda Auto Group1) – Comparison of key figures H1 2026 vs H1 20252)

 

 

H1 2026

H1 2025

Change (%)

Deliveries to Customers

cars

555,700

509,400

+9.1

Production3)

cars

609,300

572,900

+6.4

Sales4)

cars

629,400

582,000

+8.2

Sales revenue

€ million

16,015

15,070

+6.3

Operating profit

€ million

1,366

1,285

+6.3

Return on sales

%

8.5

8.5

Investments 

€ million

825

783

+5.4

Net cash flow

€ million

1,660

1,453

+14.3

               

1)     Škoda Auto Group comprises Škoda Auto a.s, Škoda Auto Slovensko s.r.o., Škoda Auto Deutschland GmbH, Škoda Auto Volkswagen India Pvt. Ltd.

2)     Percentage deviations are calculated from non-rounded figures.

3)     Comprises production within the Škoda Auto Group, excluding production at the partner assembly plant in Slovakia but including other Group brands such as SEAT/Cupra, Volkswagen and Audi; vehicle production excludes partial and complete kits.

4)     Comprises Škoda Auto Group sales to distribution companies, including other Group brands including Seat/Cupra, VW, Audi, Porsche, Bentley and Lamborghini.

 

Global vehicle deliveries in H1 2026 by selected sales regions

Sales region

H1 2026

H1 2025

Change (%)

Western Europe

329,600

293,200

+12.4

  Germany (largest market)

120,400

100,700

+19.6

Central Europe

110,700

101,500

+9.0

  Czech Republic

48,900

45,800

+6.9

Eastern Europe

28,000

25,100

+11.4

India

35,700

33,300

+7.4

Other markets

51,000

49,000

+4.1

China

700

7,300

Worldwide total

555,700

509,400

+9.1


Škoda vehicle deliveries to customers in H1 2026 
(in units, rounded, listed by model; percentage change compared to H1 2025):

Model

H1 2026

Change (%)

Škoda Octavia

96,500

−1.0

Škoda Kodiaq

74,600

+15.2

Škoda Kamiq

65,400

+1.9

Škoda Fabia

61,900

+2.5

Škoda Elroq

59,900

+74.8

Škoda Karoq

49,800

−4.5

Škoda Enyaq

48,300

+24.7

Škoda Superb

35,300

−3.5

Škoda Scala

27,100

−0.4

Škoda Kylaq

22,300

+10.9

Škoda Kushaq

7,800

+13.7

Škoda Slavia

6,800

+0.2

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