Uploaded August 2026 | Updated September 2026, 2 weeks ago
JLR Burns Nearly £1 Billion as Profit Falls 69%
JLR has reported a deterioration in first-quarter performance as it prepares electrified models.
Revenue fell 9.6% to £6bn, wholesale volumes dropped 9.2%, and pre-tax profit before exceptional items crashed 68.9% to £109m. Free cash flow was negative £998m, reflecting supply disruption, Middle East conflict and the withdrawal of outgoing Jaguars.
Range Rover, Range Rover Sport and Defender now represent more than 80% of wholesale volume, increasing pressure on the Range Rover Electric, Range Rover Sport Electric, Range Rover GT and Jaguar Type 01.
JLR remains profitable and holds £5.9bn liquidity, while targeting £1.7bn savings and retaining hybrid and combustion options.
JLR Burns Nearly £1 Billion as Profit Falls 69%
JLR has reported a deterioration in first-quarter performance as it prepares electrified models.
Revenue fell 9.6% to £6bn, wholesale volumes dropped 9.2%, and pre-tax profit before exceptional items crashed 68.9% to £109m. Free cash flow was negative £998m, reflecting supply disruption, Middle East conflict and the withdrawal of outgoing Jaguars.
Range Rover, Range Rover Sport and Defender now represent more than 80% of wholesale volume, increasing pressure on the Range Rover Electric, Range Rover Sport Electric, Range Rover GT and Jaguar Type 01.
JLR remains profitable and holds £5.9bn liquidity, while targeting £1.7bn savings and retaining hybrid and combustion options.
