Steyr Motors AG reported preliminary unaudited revenue of EUR 48.5 million for the 2025 financial year, representing a 16.4% increase from the previous year's EUR 41.7 million. The company achieved both revenue and adjusted EBIT targets set in its revised fourth-quarter forecast, with growth driven by increased engine sales and expansion in spare parts and engineering businesses. Revenue from the Civil segment totaled EUR 19.6 million while Defense segment revenue reached EUR 28.8 million.
The company generated EBIT of EUR 5.8 million, corresponding to an 11.9% margin, while adjusted EBIT amounted to EUR 7.0 million with a 14.5% margin. The difference between EBIT and adjusted EBIT primarily resulted from one-time costs for M&A consulting and capital market-related effects from an extraordinary general meeting. Business performance throughout 2025 was characterized by further international market expansion and targeted efficiency improvements along the supply chain.
Operational highlights included numerous new contracts that substantially exceeded the previously communicated order backlog. New strategic framework agreements with partners including Rheinmetall Landsysteme GmbH and Laborde Products Inc. strengthened the company's international presence. A multi-year framework agreement with Asian distribution partner Trysun for the marine market includes a guaranteed minimum volume of 750 engines by 2030, while the operational launch of a joint venture in China enables additional growth without capital investment and may lead to local production.
Steyr Motors' C2 emissions certification, announced in September 2025, opens up further revenue potential of at least EUR 100 million in the world's largest shipbuilding market. Additional growth steps included successful market entry in Poland, new marine supply agreements in several European countries and Asia, and a significant new customer order from India. The company also expanded its presence in the MENA region and acquired new customers, particularly in the United States.
The company established a new business segment focused on mobile power generation, with projected cumulative revenue exceeding EUR 100 million by 2030. These power units are tailored for mission-critical defense scenarios including anti-drone defense systems, energy solutions for military and special operations, and base camps, with series production scheduled to begin in the second half of 2026. Steyr Motors also identified new opportunities in the United States for supplying engines for unmanned surface vehicles (USVs), positioning itself in a promising defense market for reconnaissance, surveillance, patrols, and mine detection missions.
For the 2026 financial year, the Management Board expects revenue to increase to EUR 75-95 million with an EBIT margin of at least 15%. This projected growth will be driven by intensified sales and marketing activities in Asia, the MENA region, and North America, along with momentum from the new mobile energy generation business and expansion in unmanned watercraft applications. The company maintains an order backlog exceeding EUR 300 million with visibility until the end of 2030, plus additional opportunities beyond current budget with a volume over EUR 500 million.
CEO Julian Cassutti commented that after experiencing delays in two revenue-related framework agreements last year, the company expects accelerated growth in 2026 accompanied by increased profitability. The Management Board also expects to successfully complete M&A transactions in the 2026 financial year as part of its targeted inorganic growth strategy, with some initiatives already at advanced stages focusing on targets with clear strategic fit. The medium-term forecast for the 2027 financial year remains unchanged as communicated in the strategic planning process.
Steyr Motors will present at the 15th Hamburg Investor Days on February 4, 2026, with registration for virtual participation available through Steyr Motors – Company Presentation 15th Hamburg Investor Days. The Annual Report and audited figures for the 2025 financial year will be published on March 6, 2026.
