Slides
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본 문서는 현대자동차·기아의 정보자산으로 귀사와의 비밀유지계약 및 제반법률에 따라 법적 보호를 받습니다. Kia Corporation Q4 2025 Business Results January 28 th , 2026
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본 문서는 현대자동차·기아의 정보자산으로 귀사와의 비밀유지계약 및 제반법률에 따라 법적 보호를 받습니다. Note to Investors This document has been prepared for the convenience of investors and is based on the results for the Q4 2025, which have not yet been audited by an external auditor. Please note that some of the information contained herein may be subject to change during the audit process.
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본 문서는 현대자동차·기아의 정보자산으로 귀사와의 비밀유지계약 및 제반법률에 따라 법적 보호를 받습니다. CONTENTS 01 02 03 04 05 06 Sales Summary Consolidated Income Statement Revenue & Earnings Analysis Consolidated Balance Sheet 2026 Business Plan Appendix
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23,798 23,413 764 776 4Q24 4Q25 4Q24 4Q25 3.4% 3.5% 3.2% 3.2% 3.3% 4.1% 4.9% 4.5% 4.6% 4.7% 4Q19 4Q21 4Q23 4Q24 4Q25 상승 색상 #0C6976 하강 색상 #646464 #F2F2F2 #BFBFBF #BFBFBF #BFBFBF #7F7F7F #7F7F7F #438600 #326400 #326400 #11756B #0C6976 #39A3A8 #16968A #779F37 #516C26 #BFBFBF #646464 #438600 #326400 #3BA9AF #0C6976 #0C6976 4 428 414 140 132 4Q24 4Q25 4Q24 4Q25 32.7% 31.7% - 3.1% - 5.9% 4,231 4,071 212 216 4Q24 4Q25 4Q24 4Q25 3,184 3,343 116 112 4Q24 4Q25 4Q24 4Q25 7,749 7,417 21 22 4Q24 4Q25 4Q24 4Q25 1,079 1,298 52 74 4Q24 4Q25 4Q24 4Q25 5.0% 5.3% - 3.8% +1.7% 3.6% 3.3% - 3.6% +20.4% +40.9% - 4.3% +2.7% 4.8% 5.7% 0.3% 0.3% (Unit : ‘000, %) 3.2% 3.3% +5.0% +1.6% - 1.6% 4Q25 4Q24 YoY (%) M E A Demand 940 933 - 0.8% Sales 56 56 +0.6% Latin America Demand 1,201 1,237 +2.9% Sales 37 39 +5.4% Asia Pacific Demand 1,287 1,294 +0.6% Sales 45 41 - 8.9% C I S Demand 519 557 +7.4% Sales 11 14 +18.9% M/S Global Retail Sales Global (Unit : ‘000, %) Korea U.S. (Unit : ‘000, %) W. Europe (Unit : ‘000, %) Industry Demand Retail Sales Global M/S Trend (excl. China) (incl. China) India (Unit : ‘000, %) China (Unit : ‘000, %) Rest of World * W.Europe industry demand : ACEA, China/India sales : Wholesale ※ CKD / Special Vehicles included (M/S : Special Vehicles excluded)
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6.0% 2.3% 2.8% 1.2% 10.5% 19.0% 4Q24 4Q25 19.3% 22.5% 14.7% 25.4% 7.4% 5.2% 18.1% 19.3% 4Q24 4Q25 PHEV BEV HEV PHEV BEV HEV 49 54 16 11 100 121 4Q24 4Q25 164 186 +11.2% +21.3% - 32.6% +13.2% BEV PHEV HEV Share of Sales 4Q24 4Q25 HEV 13.0% 15.6% PHEV 2.1% 1.4% BEV 6.4% 7.0% xEV 21.5% 23.9% ICE 78.5% 76.1% Total Sales 764k units 776 k units 6.7% 8.8% 35.8% 33.4% 4Q24 4Q25 42.6% 42.3% 6.3% 11.8% 21.0% 17.8% 22.4% 34.0% 50.3% 36.4% 4Q24 4Q25 8.1% 21.8% 54.4% 54.7% 37.6% 23.5% 4Q24 4Q25 19.5% 16.8% 34.9% 52.4% 26.2% 9.4% 19.4% 21.5% 4Q24 4Q25 40.1% 49.8% +9.7%p 5 +3.2%p - 0.3%p Global Retail Sales Electrified Vehicle Sales Shares of Electrified Vehicle Sales in Major Markets Shares of Electrified Vehicle Sales by Powertrain (Major Markets) (Unit : %) (Unit : %) Korea U.S. W. Europe U.S. W. Europe Korea Others (Unit : ‘000, %)
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※ Special Vehicles : [4Q24] 2.1k units (Korea 0.8k, Overseas 1.3k) → [4Q25] 2.2k units (Korea 1.3k, Overseas 0.9k) 4Q22 4Q23 4Q24 4Q25 19.9% 30.3% 17.2% 8.6% 24.1% 18.8% 32.1% 18.5% 8.2% 22.4% 18.2% 32.8% 17.3% 6.8% 24.9% 17.3% 33.9% 15.6% 9.7% 23.5% 730 733 770 763 6 4Q24 4Q25 Wholesale 770 763 - 0.9% Korea 140 132 - 5.9% North America 252 258 +2.5% U.S. 207 209 +1.0% Europe 133 119 - 10.2% Western Europe 125 115 - 7.7% India 52 74 +40.9% China 21 22 +2.7% MEA 72 58 - 19.2% Latin America 40 43 +5.2% Asia - Pacific 46 41 - 10.9% CIS 12 15 +29.5% Wholesale by Region YoY (%) (Unit : ‘000) Wholesale Trend by Region (Unit : ‘000, %) India Europe N. America Korea Others
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Sales Revenue 27,148 100% 28,088 100% +3.5% Cost of Sales 21,399 78.8% 22,945 81.7% +7.2% Gross Profit 5,749 21.2% 5,143 18.3% - 10.5% SG&A 3,033 11.2% 3,300 11.8% +8.8% Operating Profit 2,716 10.0% 1,843 6.6% - 32.2% Pre - tax Profit 2,444 9.0% 2,111 7.5% - 13.6% Net Profit 1,741 6.4% 1,471 5.2% - 15.5% ※ Consolidated Sales Units : [4Q24] 725,934 units → [4Q25] 717,586 units ( - 8,348units, - 1.1%) ※ Average Currency Rate : USD/KRW [4Q24] \ 1,397 → [4Q25] \ 1,451 (+ \ 54 ↑ , +3.9%) 7 4Q24 4Q25 23,164 24,328 27,148 28,088 2,624 2,466 2,716 1,843 11.3% 10.1% 10.0% 6.6% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% - 2,000 4,000 6,000 8,000 10,000 12,000 14,000 4Q22 4Q23 4Q24 4Q25 Operating Profit OPM Sales Revenue (Unit : \ Billion) (% of sales) (% of sales) YoY (%) Operating Profit Trend (Unit: \ Billion, %) Consolidated Income Statement
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- 874 8 2,716 - 1,022 - 342 - 132 + 2 + 90 + 108 + 424 1,843 4Q24 OP U.S. Tariff Impact Incentive Increase Volume Decrease Mix Improvement Price Effect Cost Decrease F/X Effect 4Q25 OP +623 - 1,497 Price Effect Enhanced product value through safety and convenience features F/X Effect [USD/KRW] +3.9%, [EUR/KRW] +13.4% Incentive Increase Intensified market competition in W. Europe ( - ) Detractors (+) Drivers U.S. Tariff Impact Tariff on imported vehicles & parts Mix Improvement U.S. BEV mix - 3.7%p (6.0% → 2.3%) , HEV mix +8.5%p (10.5% → 19.0%) Volume Decrease Consolidated volume - 1.1% ( - 8.3k units) Cost Decrease Decrease in fixed cost, etc. Operating Profit Analysis (4Q25) (Unit : \ Billion)
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ASP 37.4 39.1 4Q24 4Q25 34.4 35.1 4Q24 4Q25 (+1.7mn) 4Q24 4Q25 13.5% 43.3% 18.8% 12.1% 20.7% 44.6% 17.6% 4.9% 20.5% 3.9% 27,148 28,088 (+0.7mn) +3.5% 9 +4.7% +2.1% Revenue Analysis Revenue by Region India W. Europe N. America Korea Rest of World * Korea : Korea plant’s domestic revenue * North America : US, Canada, Mexico wholesale revenue + export revenue * Europe : Europe, Russia wholesale revenue + export revenue * India : India wholesale + export revenue * Rest of World : Korea plant’s direct export revenue, Asia - Pacific wholesale revenue (Unit : \ Billion) (Unit : \ Million) Consolidated ASP Domestic ASP
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1.9% 1.7% 1.9% 1.8% 3.1% 3.9% 2.6% 2.8% 1.7% 1.6% 4Q24 4Q25 78.8% 81.7% 4Q24 4Q25 11.2% +2.9%p 11.8% +0.6%p 10 78.1% (ex - tariff) Cost of Sales / SG&A Cost of Sales Ratio SG&A Expense Ratio (% of Sales Revenue) (% of Sales Revenue) R&D Warranty Exp. Marketing Exp. Salary & Wage Others ※ Marketing Expenses : Advertising + Sales Promotion + Overseas Marketing + Sales Commission
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11 - 121 341 +462 - 152 - 72 +79 - 273 268 +541 4Q24 4Q25 4Q24 4Q25 4Q24 4Q25 Net Non - Operating Income / Loss Equity Method Income / Loss (a) (Unit : \ Billion) Net Non - OP Income / Loss ( a+b ) (Unit : \ Billion) Financial & Other Income / Loss (b) (Unit : \ Billion)
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87.4% 73.2% 66.1% 61.8% 50.0% 55.0% 60.0% 65.0% 70.0% 75.0% 80.0% 85.0% 90.0% 2022 2023 2024 2025 14.6% 20.4% 19.1% 12.8% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 2022 2023 2024 2025 12 2024 Year - end 2025 Year - end Change Assets 92,756 98,979 +6,223 Current Assets 41,797 44,426 +2,628 * Cash (a) 21,976 21,982 +7 Liabilities (b) 36,916 37,789 +873 Current Liabilities 26,977 28,378 +1,401 Debt (c) 3,234 2,344 - 890 * Net Cash (a) - (c) 18,741 19,638 +897 Equity (d) 55,840 61,190 +5,350 Liabilities to Equity Ratio (b)/(d) 66.1% 61.8% - 4.3%p (Unit : \ Billion) * Cash = Cash & Cash Equivalents + ST Financial Instruments + ST Available - for - sale Financial Assets Liabilities to Equity Ratio (Unit : %) Return on Equity (ROE) (Unit : %) Consolidated Balance Sheet
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13 9.1 10 .2 2025 2026(F) 8.3% 8.0% +0.3%p 114.1 122.3 2025 2026(F) 3,136 3,350 2025 2026(F) +6.8% +7.2% +12.4 % • [ICE/HEV] : Telluride (E - SUV) , Seltos (B - SUV) • [BEV] : EV2 (B - SUV) , India Specific EV (A - SUV) • [2025] : 2,969k units • [2026] : 3,156k units (+188k units, +6.3%) • [2025] : \ 1,422 • [2026] : \ 1,370 ( - \ 52 ↓ , - 3.7%) 2026 Business Plan (Unit : ‘000, %) Wholesale Sales Revenue (Unit : \ Trillion, %) Operating Profit (%) (Unit : \ Trillion, %) 2026 New Model Launches (OPM) Consolidated Sales Units Average F/X Rate (USD/KRW)
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본 문서는 현대자동차·기아의 정보자산으로 귀사와의 비밀유지계약 및 제반법률에 따라 법적 보호를 받습니다. APPENDIX 01 02 03 04 05 06 2026 Business Plan (Wholesale / Retail Sales) Sales Performance by Market (KR, US, W. Europe, India, China) Global Retail Sales (2025) Consolidated Income Statement (2025) Cash Flow Highlights Global Market Share Trend
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※ Special Vehicles : [2025] 5.8k units (Korea 2.4k, Overseas 3.4k) → [2026] 10.0k units (Korea 2.0k, Overseas 8.0k) 15 2025 2026 (F) Wholesale 3,136 3,350 +6.8% (CKD) (97) (113) (+17.0%) Korea 548 567 +3.4% North America 1,083 1,134 +4.6% U.S. 874 915 +4.7% Europe 535 594 +11.1% Western Europe 508 564 +11.1% India 280 302 +7.8% China 81 82 +0.9% MEA 240 264 +9.9% Latin America 151 157 +3.9% Asia Pacific 166 187 +12.6% CIS 50 62 +23.5% 2026 Business Plan (Wholesale by Region) (Unit : ‘000) YoY (%) * CKD / Special Vehicles included
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※ Special Vehicles : [2025] 5.6k units (Korea 2.4k, Overseas 3.2k) → [2026] 9.1k units (Korea 2.0k, Overseas 7.1k) 16 2025 2026 (F) Retail Sales 3,097 3,307 +6.8% (CKD) (92) (109) (+19.1%) Korea 548 567 +3.4% North America 1,058 1,106 +4.5% U.S. 852 892 +4.7% Europe 536 591 +10.2% Western Europe 508 566 +11.4% India 280 302 +8.0% China 81 82 +1.0% MEA 234 258 +10.4% Latin America 147 154 +5.1% Asia Pacific 162 184 +13.6% CIS 50 62 +23.0% YoY (%) * CKD / Special Vehicles included (Unit : ‘000) 2026 Business Plan (Retail Sales by Region)
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Industry - 3.1% Kia - 5.9% 37 48 47 43 45 52 45 55 57 55 51 60 57 66 65 56 30% 34% 35% 30% 32% 34% 34% 40% 41% 40% 41% 43% 43% 47% 47% 42% -5% 15% 35% 55% 10 60 17 xEV Volumes xEV Mix xEV Sales Trend ASP Trend 29 31 32 31 32 32 32 33 33 33 34 34 35 35 35 35 4% 10% 6% 3% 8% 3% 1% 5% 4% 4% 6% 5% 4% 6% 5% 2% -20% 20 2022 2023 2024 2025 2022 2023 2024 2025 ASP YoY • ASP continued to rise to \ 35.1mn (+2.1% y/y) , driven by increased mix of premium xEV and RV models - 8.8% (+2.1%p y/y) BEV mix driven by full BEV lineup expansion (EV3·4·5·6·9) and PV5 launch - 33.4% ( - 2.4%p y/y) HEV mix sustained by strong HEV sales from RVs (Sorento, Carnival, Sportage) • 56% xEV mix to be achieved by new mass - market BEVs sales momentum and stable HEV supply - 19% BEV mix to be achieved by full - scale new BEV model cycle, including EV4, EV5 and PV5 - 37% HEV mix supported by strong backorders for Sorento, Sportage, and newly launched Seltos • 567k (+3.4% y/y) driven by PBV business ramp - up and diversification of PV5 conversion line - up 4Q24 4Q25 HEV BEV ICE 8.8% 33.4% 57.7% 35.8% 6.7% 57.4% 32.7% 31.7% M/S 140 132 Korea (4Q25) Sales & Market Share (Unit : ‘000, %) ※ M/S : incl. imported brands / excl. special vehicles Sales Summary Q4 Results 2026 Initiatives [YoY] (Unit : ‘000, %) (Unit : \ Million, %)
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6.0% 34.5% 59.5% PHEV BEV HEV 4Q24 4Q25 6.0% 80.7% 10.5% 77.5% 19.0% 1.2% 2.8% 2.3% 212 216 18 Industry - 3.8% Kia +1.7% 14 15 17 22 23 26 32 41 7.9% 7.2% 8.6% 10.5% 11.6% 12.1% 14.5% 19.0% 0 10,000 20,000 30,000 40,000 50,000 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 HEV Volumes HEV Mix 5.0% 5.1% 5.0% 5.1% 5.2% 5.3% 5.3% 3.7% 4.1% 4.6% 4.9% 5.0% 6.3% 8.2% 0 0 0 0 0 0 0 0 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 HEV M/S U.S. M/S • 41k (+84% y/y) HEV sales driven by expanded HEV supply to meet strong demand, leading to robust growth - 19.0% (+8.5%p y/y) HEV mix with increased ASP, driven by strong Sportage, Carnival HEV sales - 8.2% (+3.6%p y/y) HEV M/S driven by strong HEV sales, surpassing Kia U.S. average M/S in Q4 • Mixed production lines to shift BEV ICE/HEV based on market demand and regulatory changes HEV M/S Trend HEV Sales Trend 5.0% 5.3% M/S ( Oct - Nov ) ※ Source : EV Volume, Autodata U.S. (4Q25) (Unit : ‘000, %) Sales & Market Share Sales Summary [YoY] (Unit : %) (Unit : ‘000, %) Q4 Results 2026 Initiatives • Flexible market strategies addressing U.S. tariffs, IRA EV tax credits, and regulatory changes - 892k (+5% y/y) sales volume to be achieved by ramping up ICE/HEVs leveraging mixed production lines • +86% y/y HEV growth expected by offering HEVs in new Telluride and Seltos to gain HEV M/S - Telluride HEV launch with TMED - II 2.5T HEV engine (329hp, 35mpg) drives robust ASP growth momentum
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19 W. Europe (4Q25) Industry +5.0% Kia - 3.6% [YoY] • 28k (+67% y/y) BEV volume and 25.4% BEV mix achieved, outpacing industry growth and expanding BEV M/S • EV4 , the 1 st locally produced BEV, and EV5 , targeting C - SUV with largest BEV demand, launched to gain BEV M/S - 2025 BEV sales (launch period) : EV3 (4Q24) 65.2k → EV4 (3Q25) 4.6k → EV5 (4Q25) 1.1k → PV5 (4Q25) 1.4k units (Unit : '000, %) 18 16 17 17 28 26 24 28 12.8% 11.7% 12.7% 14.7% 20.0% 19.5% 19.2% 25.4% -15.0% 5.0% 25.0% 0 20 40 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 BEV Sales Trend The new EV2 Launch : 1Q26 (B - SUV EV) Battery : 61.0 kWh (Long - Range) AER : 440k m (WTLP) Fast Charging : 30min (10 - 80 % ) ① Practical B - SUV EV, ② Spacious cargo space (377ℓ) ③ Advanced features (ADAS L2 F+, V2L/V2G, Remote parking assist.) USP (Unique Selling Points) PHEV BEV ICE HEV 4Q24 4Q25 19.2% 6.3% 54.0% 19.2% 12.7% 60.2% 7.9% 20.5% 116 112 3.6% 3.3% M/S • +70% y/y BEV volume growth and 32% BEV mix targeted with full mass - market BEV lineup following EV2 launch - Enhance competitiveness through localized production of EV2/EV4, and diversify growth engines with PBV • 566k (+11% y/y) sales volume targeted by launch of Seltos/K4 with HEV offerings , post Ceed discontinuation - 2026 [FMC] : Seltos (ICE/HEV) , K4 (ICE/HEV) / [PE] : Niro (HEV) , Ceed CUV Sales & Market Share (Unit : ‘000, %) Sales Summary BEV Sales BEV Mix Q4 Results 2026 Initiatives
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Industry +20.4% Kia +40.9% [YoY] Q4 Results 2026 Initiatives India (4Q25) • 44k (+65% y/y) A - SUV sales volumes benefiting from GST reform; 86k (+27% y/y) retail volume growth achieved • M/S grew to 5.7% (+0.9%p y/y) through 1) upgraded features, 2) new Syros and Carens PE launches - Carens PE delivered 1) +20% y/y retail growth, 2) 19% B - MPV M/S , penetrating a dominant B - MPV player Launch : 1Q 26 (B - SUV) 20 23 24 26 28 33 28 27 44 21 19 19 21 17 17 16 19 13 15 16 19 17 18 19 22 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 57 58 61 69 86 63 68 62 B - SUV A - SUV B - MPV The All - N ew Seltos RV Sales Trend (Retail) 4.8% 5.7% M/S 17 17 16 19 1Q25 2Q25 3Q25 4Q25 1Q26(F) 2Q26(F) 3Q26(F) 4Q26(F) ADAS L2 + 25 % YoY volume growth targeted Sales Summary Sales & Market Share (Unit : ‘000, %) ※ M/S : Wholesale • 300k (+8% y/y) sales volume and ASP/mix improvement through new Seltos and India strategic BEV launches +25% y/y growth for Seltos with higher trim mix , with new BEV launches expected to drive top - line growth • 400k sales capacity to be established over the mid - to - long term by adding +50 new dealers (total 590) (Unit : '000, %) 4Q24 4Q25 52 74 BEV ICE 98.0% 99.7% 2.0% 0.3%
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Industry - 4.3% Kia +2.7% [YoY] China (4Q25) 21 • 22k (+0.7% y/y) volumes maintained by high - demand RV models leveraging proven ICE technology - Strong volume growth led by KX3: 6.8k (+89%y/y) , KX1: 4.2k (+24%y/y) , and Sportage: 4.9k (+8%y/y) • 171k (+0.2% y/y) EM export volume growth and higher utilization drove 2025 profitability improvement • 82k (+1% y/y) sales targeted by sustaining momentum from new Sportage PE , Seltos, EV5 PE launches • 200k unit export scale targeted by expanding KCN export volume to drive emerging market growth , including broadening K3 PE destinations in the APAC region ※ 2025 e xport regional mix : [Middle East & Africa] 35.1%, [Latin America] 30.0% 30 41 48 51 40 47 42 42 81% 88% 96% 97% 91% 104% 99% 99% 10% 0 10 20 30 40 50 60 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 4Q25 HEV BEV ICE 97.5% 94.8% 21 22 0.7% 5.1% 2.2% 0.3% 0.3% 0.3% M/S Sales Summary Sales & Market Share (Unit : ‘000, %) ※ M/S : Wholesale KCN production Models KCN Export Trend (Unit : '000, %) Exports Utilization Rate (Operating Capacity) Line - up Expansion (K5, Sonet , Sportage, EV5) Q4 Results 2026 Initiatives - Expanded line - up to improve utilization and profitability - Drive e merging market volume growth with high - demand models and diversified export markets (MEA / Latin America / Mexico / APAC)
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22 84,717 87,496 2,988 3,097 2024 2025 2024 2025 3.3% 3.9% 3.6% 3.5% 3.5% 3.9% 4.9% 4.9% 4.7% 4.8% 2019 2021 2023 2024 2025 1,592 1,651 540 546 2024 2025 2024 2025 33.8% 33.0% +3.7% +1.1% 16,043 16,360 796 852 2024 2025 2024 2025 23,251 24,881 78 81 2024 2025 2024 2025 5.0% 5.2% +2.0% +7.0% +7.0% +4.2% Industry Demand Retail Sales 0.3% 0.3% 3.5% 3.5% +3.6% +3.3% M/S 4,320 4,565 245 280 2024 2025 2024 2025 +5.7% +14.4% 5.7% 6.1% Global (Unit : ‘000, %) U.S. (Unit : ‘000, %) Korea (Unit : ‘000, %) Global M/S Trend India (Unit : ‘000, %) China (Unit : ‘000, %) (excl. China) (incl. China) * Western Europe industry demand : ACEA, China/India sales : Wholesale ※ CKD / Special Vehicles included (M/S : Special Vehicles excluded) W. Europe (Unit : ‘000, %) Rest of World 2025 2024 YoY (%) MEA Demand 3,419 3,564 +4.2% Sales 220 232 +5.9% Latin America Demand 4,231 4,575 +8.1% Sales 142 147 +3.3% Asia Pacific Demand 4,924 4,952 +0.6% Sales 164 161 - 1.5% CIS Demand 1,935 1,806 - 6.7% Sales 48 50 +4.5% 2025 Global Retail Sales 12,963 13,271 529 508 2024 2025 2024 2025 4.1% 3.8% - 4.1% +2.4%
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7.0% 4.0% 2.3% 2.3% 8.6% 14.3% 2024 2025 17.9% 20.7% 12.9% 20.9% 8.8% 5.8% 18.2% 18.8% 2024 2025 PHEV BEV HEV PHEV BEV HEV 201 238 71 57 367 454 2024 2025 638 749 +18.9% +23.7% - 19.4% +17.4% BEV PHEV HEV Share of Sales 2024 2025 HEV 12.3% 14.6% PHEV 2.4% 1.8% BEV 6.7% 7.7% xEV 21.4% 24.2% ICE 78.6% 75.8% Total Sales 2,988k units 3,097k units +2.8%p 5.9% 11.7% 26.3% 21.0% 18.6% 26.9% 49.3% 40.4% 2024 2025 9.0% 14.2% 65.4% 51.4% 25.6% 34.3% 2024 2025 39.9% 45.4% +5.6%p 23 2025 Electrified Vehicle Sales Global Retail Sales (Unit : ‘000, %) Shares of Electrified Vehicle Sales in Major Markets (Unit : %) Shares of Electrified Vehicle Sales by Powertrain (Major Markets) (Unit : %) U.S. W. Europe Korea Others Korea U.S. W. Europe 7.7% 11.1% 33.5% 33.6% 2024 2025 41.1% 44.7% +3.6%p 17.5% 15.8% 34.0% 44.4% 27.8% 14.3% 20.6% 25.5% 2024 2025
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2022 2023 2024 2025 18.6% 29.6% 18.9% 8.8% 24.1% 18.3% 32.7% 19.7% 8.3% 21.0% 17.5% 34.2% 18.3% 7.9% 22.0% 17.4% 34.5% 17.0% 8.9% 22.1% 2,902 3,087 3,089 3,136 24 2024 2025 YoY (%) Wholesale 3,089 3,136 +1.5% Korea 540 546 +1.1% North America 1,057 1,083 +2.5% U.S. 859 874 +1.7% Europe 566 535 - 5.6% Western Europe 537 508 - 5.4% India 245 280 +14.4% China 78 81 +4.2% MEA 236 238 +1.2% Latin America 145 151 +4.0% Asia - Pacific 170 166 - 2.6% CIS 46 50 +8.8% 2025 Wholesale by Region ※ Special Vehicles : [2024] 6.1k units (Korea 2.1k, Overseas 4.0k) → [2025] 5.8k units (Korea 2.4k, Overseas 3.4k) (Unit : ‘000) Wholesale Trend by Region (Unit : ‘000, %) India Europe N. America Korea Others
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※ Consolidated Sales Units : [2024] 2,941,031 units → [2025] 2,968,762 units (+27,731 units, +0.9%) ※ Average Currency Rate : USD/KRW [2024] \ 1,364 → [2025] \ 1,422 (+ \ 58 ↑ , +4.3%) 25 2024 2025 Sales Revenue 107,449 100% 114,141 100% +6.2% Cost of Sales 82,678 76.9% 91,633 80.3% +10.8% Gross Profit 24,771 23.1% 22,508 19.7% - 9.1% SG&A 12,104 11.3% 13,430 11.8% +11.0% Operating Profit 12,667 11.8% 9,078 8.0% - 28.3% Pre - tax Profit 13,500 12.6% 10,241 9.0% - 24.1% Net Profit 9,775 9.1% 7,554 6.6% - 22.7% 86,559 99,808 107,449 114,141 7,233 11,608 12,667 9,078 8.4% 11.6% 11.8% 8.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% - 10,000 20,000 30,000 40,000 50,000 2022 2023 2024 2025 Operating Profit OPM Sales Revenue 2025 Consolidated Income Statement (Unit : \ Billion) (% of sales) (% of sales) YoY (%) Operating Profit Trend (Unit: \ Billion, %)
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Volume Increase Consolidated volume +0.9% (+28k units) F/X Effect [USD/KRW] +4.3%, [EUR/KRW] +9.0% ( - ) Detractors (+) Drivers - 3,589 26 U.S. Tariff Impact Tariff on imported vehicles & parts 12,667 - 3,093 - 1,506 - 460 - 631 +153 +393 +1,555 9,078 2024 OP U.S. Tariff Impact Incentive Increase Mix Impact Other Cost Increase Volume Increase Price Effect F/X Effect 2025 OP +2,101 - 5,690 Mix Impact RV mix : 69.4% → 68.9% ( - 0.5%p ) Other Cost Increase Increase in SG&A expense (R&D, Warranty, etc.) Incentive Increase N. America : Low base effect from last year W. Europe : Intensified market competition 2025 Operating Profit Analysis (Unit : \ Billion) Price Effect Enhanced product value through safety and convenience features
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Cash Flow Highlights +431 ※ Beginning / ending cash balance excludes ST financial instruments, etc. (Unit : \ Billion) 13,567 + 7,554 + 2,714 + 1,161 + 1,805 - 4,993 - 3,259 - 2,643 - 1,067 - 841 13,998 *Beginning Cash Balance Net Profit D&A Decrease in ST financial Instrument Others Acquisition of Tangible/Intangible Assets Dividends & Share Buyback Increase in Inventory Investments in equity-method affiliates Reduction in Borrowings and Others *Ending Cash Balance (Increase in accrued liabilities, advance receipts, etc.) (Cash +) +13,234 - 12,803 (Cash - )
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3.2% 4.3% 4.5% 4.1% 3.8% 2019 2021 2023 2024 2025 3.6% 4.7% 5.0% 5.0% 5.2% 2019 2021 2023 2024 2025 3.2% 5.8% 6.2% 5.7% 6.1% 2019 2021 2023 2024 2025 29.7% 31.6% 32.9% 33.8% 33.0% 2019 2021 2023 2024 2025 3.3% 3.9% 3.6% 3.5% 3.5% 3.9% 4.9% 4.9% 4.7% 4.8% 2019 2021 2023 2024 2025 2019 2025 2021 2023 2024 M E A 5.7% 6.5% 6.3% 6.5% 6.5% Latin America 3.0% 3.0% 3.4% 3.4% 3.2% Asia Pacific 2.6% 3.5% 3.2% 3.3% 3.3% C I S 11.8% 11.4% 3.7% 2.5% 2.8% 28 (Unit: %) (Unit: %) U.S. (Unit: %) Global Market Share Trend Korea (Unit: %) W. Europe (Unit: %) India (Unit: %) Global (ex. China) (incl. China)
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본 문서는 현대자동차·기아의 정보자산으로 귀사와의 비밀유지계약 및 제반법률에 따라 법적 보호를 받습니다. Thank you.