Aston Martin’s full-year revenue fell by 21% to £1.3bn, amplified by a 17% decline in deliveries of its Special models, which carry higher average selling prices. Total deliveries fell by 10% to 5,448 cars.
Underlying operating losses more than doubled to £0.2bn, reflecting the fall in revenue and shift in mix towards lower margin vehicles.
Free cash outflows worsened by 5% to £0.4bn due to the drop in profitability. Net debt increased by £0.2bn to £1.4bn.
In 2026, car deliveries are expected to be similar to 2025’s level of 5,448. Underlying operating profit is expected to improve towards breakeven, helping to reduce free cash outflows (outflow of £0.1bn expected).
The shares rose 2.7% in early trading.
Our view
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Aston Martin key facts
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This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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