Arval posts net income of 644 million euros, down 43 percent in 2025

The Board of directors of Arval Service Lease met on 6 March 2026 and approved the Arval Group’s full-year results for 2025. In 2025, Arval’s gross revenues increased by 6.9%, to €21,017.3 million (€19,669.3 million in 2024), in line with business growth.

Gross operating income amounted to €2,164.1 million (-17.0% compared with 2024 and -19.0% excluding the impact of a positive exceptional item of €53 million), recording the increase in lease and service margins as well as an unfavourable base effect compared to the still particularly high level in 2024 in gross operating income from vehicle sales and anticipated capital gains on disposals.

Gross operating income, excluding car sales results, thus amounted to €2,046.2 million and recorded an overall increase of 14.9% (+11.9% excluding the impact of a positive exceptional item for €53 million) reflecting the good growth of the business.

The Arval fleet comprises 701,049 electrified vehicles (hybrid vehicles and electric vehicles) as at 31 December 2025, up by 22.3% compared to last year. Growth of fully electric vehicles was strong: +35.1%, at 342,340 vehicles.

Profit before tax at €955.3 million (€1,502.5 million in 2024) is down by 36.4%.

Net income thus amounted to €644.7 million (€1,129.9 million in 2024), down 42.9% compared to 2024 due to a base effect that was still unfavourable compared to the particularly high level of car sales result and anticipated results in 2024, partially offset by the growth in the financial and service margin in connection with the good growth in outstandings. Net income, Group share amounted to €644.6 million (-40.7% compared to 2024).