CARIAD reports strong progress in fiscal year 2025

Accelerating performance through major software launches, leaner structures, and a transformation that is beginning to pay off.

CompanyNews

Oliver Blume standing on a stage in front of a large, high‑resolution visual of an eye displayed on an LED screen, addressing an audience in a conference or keynote setting.

Fiscal year 2025 marks a turning point for CARIAD: revenue growth, higher efficiency, and successful software deliveries contributed to a significantly improved financial performance. The figures presented during Volkswagen Group’s Annual Media Conference show that the company’s transformation is paying off.

Robust revenue growth driven by successful software launches

CARIAD increased its revenues by 34 percent to €1.8 billion in 2025. Across eight new model series, the software company delivered key software packages to Volkswagen, Audi, and Porsche, including:

Successful software deliveries included new releases for the ID. Software (E³ 1.1) and the E³ 1.2 software for Audi & Porsche. In addition, the new scalable infotainment stack One.Connected Infotainment was first launched in the new Audi Q3.

These deliveries brought CARIAD software into series production across multiple new vehicle lines and contributed significantly to revenue growth.

Transformation gains traction: improved results and cash flow

CARIAD also recorded a clear improvement in its financial result: The operating result improved by €251 million to -€2.2 billion, despite ongoing restructuring expenses. The net cash flow came in around €1 billion higher than the previous year.

These improvements reflect the impact of the transformation program launched in 2023. Under CEO Peter Bosch, CARIAD underwent a comprehensive restructuring that made the organization roughly 30 percent leaner and more focused. Streamlined structures and sharper priorities are now translating into measurable efficiency gains.