Steyr Motors Reports Double-Digit Growth in 2025, Forecasts Strong Expansion for 2026

Steyr Motors AG reported preliminary unaudited revenue of €48.5 million for the 2025 financial year, representing a 16.4% increase from the previous year’s €41.7 million. The company achieved both its revenue and adjusted EBIT targets as outlined in its revised fourth-quarter forecast, with growth driven by increased engine sales and expansion in spare parts and engineering services across its Civil and Defense segments.

The Civil segment contributed €19.6 million in revenue, while the Defense segment generated €28.8 million. Steyr Motors reported EBIT of €5.8 million, corresponding to an 11.9% margin, with adjusted EBIT reaching €7.0 million for a 14.5% margin. The adjustment primarily reflects one-time costs for M&A consulting and capital market effects from an extraordinary general meeting. Business performance throughout the year was characterized by international market expansion and targeted supply chain efficiency improvements.

Operational highlights include new strategic framework agreements with partners such as Rheinmetall Landsysteme GmbH and Laborde Products Inc., strengthening the company’s presence in North America and Asia. A multi-year agreement with Asian distributor Trysun guarantees a minimum volume of 750 engines for the marine market by 2030, while the operational launch of a joint venture in China enables additional growth without capital investment. The company’s C2 emissions certification, announced in September 2025, opens revenue potential exceeding €100 million in the world’s largest shipbuilding market.

Additional growth initiatives include successful market entry in Poland, new marine supply agreements across Europe and Asia, significant orders from India, and expanded presence in the MENA region. Steyr Motors has established a new business segment focused on mobile power generation, with projected cumulative revenue exceeding €100 million by 2030. These power units are tailored for mission-critical defense scenarios including anti-drone systems and military energy solutions, with series production scheduled to begin in the second half of 2026.

The company has also identified opportunities in the United States for supplying engines to unmanned surface vehicles (USVs), positioning itself in a new defense market for reconnaissance, surveillance, and mine detection applications. With an order backlog exceeding €300 million providing visibility through 2030, and additional opportunities beyond current budgets totaling over €500 million, Steyr Motors is strategically positioned for continued growth.

For the 2026 financial year, the Management Board expects revenue to increase to €75-95 million with an EBIT margin of at least 15%. This projected growth will be driven by intensified sales activities in Asia, the MENA region, and North America, along with momentum from the new mobile energy generation business and expansion in unmanned watercraft applications. The company also anticipates completing M&A transactions during 2026 as part of its inorganic growth strategy, with several initiatives already at advanced stages.

CEO Julian Cassutti commented on the sustained positive trend in order intake and expected accelerated growth in 2026 following delays in two revenue-related framework agreements last year. The medium-term forecast for the 2027 financial year remains unchanged from previously communicated strategic planning. The company will publish its audited annual report on March 6, 2026.

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