Sales plunged 16% but profitability held! Porsche (POAHY.US) stabilizes profits, with the 911 as a key pillar

Zhitong Finance APP has learned that despite another sharp decline in vehicle sales, German legacy luxury car manufacturer Porsche (POAHY.US) has maintained stable profitability, with demand for the high-end 911 model and high-priced derivative models helping the company cushion the impact of weak performance in the Chinese market. Data shows that Porsche's revenue for the first nine months of 2026 was 25.282 billion euros, down 6% from 26.864 billion euros in the same period last year. A 16% decline in deliveries during the first nine months was an important factor dragging down revenue, although pricing and model mix offset this impact to some extent.