Porsche SE boosts defence focus after annual earnings drop
Porsche SE reported a 9% drop in 2025 earnings to 2.9 billion euros. The holding company is now increasing its focus on defence and technology investments.
Porsche SE, the primary investor in Volkswagen AG, is pivoting toward defense and technology investments following a slump in earnings within the automotive sector. This strategic shift comes as geopolitical tensions in Ukraine and the Middle East drive increased interest in security-related assets.
The holding company, which represents the Porsche-Piech dynasty in Germany, reported adjusted earnings after tax of 2.9 billion euros ($3.35 billion) for 2025. This represents a 9% year-on-year decline, largely attributed to setbacks at its primary subsidiaries. Porsche SE currently holds a 31.9% stake and 53.3% of the voting rights in Volkswagen, alongside a 12.5% share in the sports-car manufacturer Porsche AG.
