By Calypso Research6 min read

Automotive Earnings Q4 2025 Roundup

Automotive Earnings Q4 2025 Roundup: 23 Companies Analyzed

Sector Overview

The Automotive sector saw 23 companies report earnings this quarter. Average revenue growth across the sector was +12.8%, signaling continued strength in the industry. On average, stocks moved +0.9% on earnings day, with 14 out of 23 companies seeing positive reactions.

Combined sector revenue totaled $222.5B for the quarter.

Company-by-Company Results

CompanyTickerRevenueYoY ChangeEarnings Day Move
Advanced Micro DevicesAMD$10.3B+34.1%-17.3%
Analog DevicesADI$3.2B+30.4%+2.6%
Anheuser-Busch Inbev SABUD$29.5B-1.3%+4.1%
AutodeskADSK$1.5B-6.5%+5.3%
Automatic Data ProcessingADP$5.4B+6.2%-1.5%
Carlyle GlobalCG$1.8B+98.8%+6.0%
Carnival CorporationCCL$6.3B+6.6%+13.6%
CarvanaCVNA$5.6B+58.0%-7.9%
Chevron CorporationCVX$45.8B-5.3%+3.3%
Corteva IncCTVA$3.9B-1.7%-3.4%
Devon Energy CorporationDVN$3.9B-6.3%+2.0%
DoubleVerifyDV$189M+11.2%-14.4%
ElevanceELV$49.7B+9.5%+5.9%
GE Health CareGEHC$4.7B-12.1%+4.9%
HCA HealthcareHCA$19.5B+6.7%+7.1%
Levi StraussLEVI$1.8B-4.0%+0.3%
Mastercard IncorporatedMA$8.8B+17.6%+4.3%
Monster Beverage CorporationMNST$2.2B+16.8%+5.2%
O'Reilly AutomotiveORLY$4.4B+7.8%-2.6%
PACCAR IncPCAR$6.8B-13.7%-1.1%
Rockwell AutomationROK$2.1B+11.8%-5.4%
Royal Caribbean GroupRCL$4.3B+13.2%+18.6%
Veeva SystemsVEEV$811M+16.0%-9.8%

Top Performers

Carlyle Global (CG) led the sector with revenue growth of +98.8%. Carlyle’s diversified, cycle-tested platforms in credit, AlpInvest, and wealth, combined with strong realization momentum and scalable margins, position the firm for sustained fee and earnings growth despite episodic market volatility.

Carvana (CVNA) led the sector with revenue growth of +58.0%. Carvana’s vertically integrated, AI-enabled model can scale reconditioning and logistics efficiently, using strong unit economics and tax assets to fund aggressive growth and customer value, driving sustained share gains and margin expansion toward its 3 million unit and 13.5% EBITDA margin targets.

Advanced Micro Devices (AMD) led the sector with revenue growth of +34.1%. A sustained AI super-cycle across Instinct GPUs and EPYC CPUs, underpinned by strong OpenAI and hyperscaler ramps, drives 60%+ data center growth, expanding margins and EPS as OpEx scales slower than revenue.

Underperformers

PACCAR Inc (PCAR) reported revenue growth of -13.7%. EPA 2027 compliance and pricing pressures could compress margins and slow order momentum in the near term.

GE Health Care (GEHC) reported revenue growth of -12.1%. China weakness, execution and logistics risk around Vorcado and the NPI wave, and reliance on self-help and pricing in a potentially peaking CapEx cycle could prevent GE HealthCare from achieving its mid-term growth and margin targets.

Autodesk (ADSK) reported revenue growth of -6.5%. Macro uncertainty, lingering execution risk from business model and go-to-market transitions, and a slow, cautious approach to AI monetization and pricing could cap upside to growth and profitability versus elevated investor expectations.

Key Themes Across the Sector

Across 23 earnings calls, several common themes emerged:

  • Sustainability and Drivers of Industrial Growth (Cyclical vs. Secular, Restocking, ATE/A&D Contribution)
  • Pricing Power, Channel Repricing, and Gross Margin/OpEx Leverage
  • Growth Potential in International Markets and Profitability
  • Slower Growth in the Professional Employer Organization (PEO) Segment
  • Macro Uncertainty vs. Resilient Demand and Guidance Prudence

Individual Earnings Reports

Frequently Asked Questions

How did the automotive sector perform in Q4 2025?

The automotive sector saw average revenue growth of +12.8% across 23 companies that reported earnings. The top performer was Carlyle Global (CG) with revenue growth of +98.8%.

Which automotive stock performed best after earnings?

Royal Caribbean Group (RCL) had the strongest earnings-day reaction, with the stock moving +18.6% on the report.

Key themes discussed across automotive earnings calls include: pricing power, channel repricing, and gross margin/opex leverage, slower growth in the professional employer organization (peo) segment, sustainability and drivers of industrial growth (cyclical vs. secular, restocking, ate/a&d contribution). These topics were debated across multiple companies in the sector.


This roundup was generated by Calypso, an AI-powered equity research platform. For real-time earnings analysis, interactive debates, and coverage of 400+ stocks, try Calypso free.