Porsche has put precise figures on the financial consequences of leaving Bugatti Rimac and Rimac Group. Its nine-month results, released on 27 October, disclose a €593 million gain on the disposal and a €984 million cash inflow from the transaction. The share sale itself was completed in September; the newly published accounting figures are the development.
The distinction between the two amounts matters. Porsche says the €593 million disposal gain had a substantial effect on the group's financial result. The €984 million represents cash received, most of which fed into Automotive net cashflow. Neither figure should be mistaken for the other, and the disposal gain should not be treated as a direct addition to the group's operating profit.
Automotive net cashflow reached €2.50 billion for the first nine months of 2026, up from €1.34 billion in the comparable period of 2025. Porsche identifies the proceeds from the Bugatti Rimac and Rimac Group stakes as a principal reason for that increase. The segment's net cashflow margin rose to 11.3%, while net liquidity stood at €8.23 billion at the end of September.
The operating performance improved too, although the comparison comes with an important qualification. Group operating profit rose from €40 million to €1.74 billion and the operating margin increased from 0.2% to 6.9%. Porsche had incurred €2.7 billion in strategic realignment costs during the first nine months of 2025, against approximately €500 million in the corresponding 2026 period. That difference is central to understanding the recovery; the sale of the stakes does not explain the operating-profit change by itself.
The company is still selling fewer vehicles. Revenue in the first three quarters declined 5.9% to €25.28 billion, and deliveries fell 16% to 178,532 units. Porsche says it remains committed to its 'Value over Volume' policy, favouring the profitability and mix of the cars it sells over maximising deliveries.
For the full year, Porsche continues to forecast revenue of €35 billion to €36 billion and an operating return on sales of 5.5% to 7.5%. The exit from the Bugatti Rimac businesses has provided a substantial one-off cash contribution as Porsche works through a broader restructuring of its sports-car operations.