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Volkswagen AG

VWAGY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
324,655
Cost of Revenue
265,184
Gross Profit
59,471
Gross Margin
18.3%
Operating Income
19,060
Operating Margin
5.9%
Net Income
11,351
Net Margin
3.5%
EPS (Basic)
$2.14
EPS (Diluted)
$2.14
EBITDA
51,598
EBITDA Margin
15.9%

2023

12/31/2023

Revenue
322,284
Cost of Revenue
261,299
Gross Profit
60,985
Gross Margin
18.9%
Operating Income
22,576
Operating Margin
7.0%
Net Income
16,532
Net Margin
5.1%
EPS (Basic)
$3.19
EPS (Diluted)
$3.18
EBITDA
49,936
EBITDA Margin
15.5%

2022

12/31/2022

Revenue
279,050
Cost of Revenue
226,866
Gross Profit
52,184
Gross Margin
18.7%
Operating Income
22,109
Operating Margin
7.9%
Net Income
15,457
Net Margin
5.5%
EPS (Basic)
$2.97
EPS (Diluted)
$2.97
EBITDA
50,006
EBITDA Margin
17.9%

2021

12/31/2021

Revenue
250,199
Cost of Revenue
202,959
Gross Profit
47,240
Gross Margin
18.9%
Operating Income
19,275
Operating Margin
7.7%
Net Income
15,382
Net Margin
6.1%
EPS (Basic)
$2.96
EPS (Diluted)
$2.96
EBITDA
46,685
EBITDA Margin
18.7%

2020

12/31/2020

Revenue
222,885
Cost of Revenue
183,937
Gross Profit
38,948
Gross Margin
17.5%
Operating Income
9,675
Operating Margin
4.3%
Net Income
8,867
Net Margin
4.0%
EPS (Basic)
$1.66
EPS (Diluted)
$1.66
EBITDA
36,348
EBITDA Margin
16.3%