# BMW reported first-quarter pretax earnings at 2.3 billion euros ($2.70 billion) Group revenue missed expectations, falling 8.1% to 31 billion euros.

*business · news · 2026-05-06 · Reuters*

## Key points

- BMW's first-quarter pretax earnings were 2.3 billion euros, beating the 2.2 billion euro forecast.
- The core automotive EBIT margin was 5.0%, ahead of the 4.7% expected by analysts.
- BMW avoided job cuts by boosting factory efficiencies and cutting investment, unlike rivals.
- Tariffs, including new EU China EV duties, reduced BMW's car margin by 1.25 percentage points in Q1.
- BMW's guidance excludes a possible increase in U.S. auto tariffs threatened by Donald Trump.

**Companies:** BMW
**Countries:** Germany

[Read the full story on Reuters](https://www.reuters.com/world/china/bmw-earnings-slump-by-quarter-start-year-2026-05-06/)

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