# Mercedes posts first-quarter revenue of 31.6 billion euros, missing analyst estimates.

*business · news · 2026-04-29 · Reuters*

## Key points

- Mercedes reported EBIT of 1.9 billion euros, beating analyst expectations but down 17% year-over-year.
- First-quarter revenue of 31.6 billion euros missed analyst estimates of 31.8 billion euros.
- Mercedes plans to launch 40 new models between 2025 and 2027, including an all-electric CLA sedan.
- The company targets a mid-term return to 8-10% margins and 2026 group EBIT significantly above 5.8 billion euros.

**Companies:** Mercedes
**Countries:** Germany

[Read the full story on Reuters](https://www.reuters.com/world/china/mercedes-reports-narrower-than-forecast-profit-slump-first-quarter-2026-04-29/)

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