JLR SETS OUT PATH TO DOUBLE DIGIT REVENUE GROWTH THROUGH GREATER PROPULSION FLEXIBILITY AND INCREASED FOCUS ON NORTH AMERICA
JLR SUSTAINS STRONG PRODUCT MIX DESPITE Q1 VOLUME HEADWINDS
• Wholesales in Q1 FY27 were 79,300* units, down 9.2% vs Q1 FY26, and down 16.8% vs Q4 FY26
• Retail sales in Q1 FY27 were 80,000* units, down 15.3% vs Q1 FY26 and down 13.8% vs Q4 FY26
• Q1 volumes were affected by temporary supply constraints, including a fire at a major component supplier at the start of the quarter; market disruption linked to the conflict in the Middle East; and the planned wind down of outgoing Jaguar models ahead of the launch of Jaguar Type 01.
• Range Rover, Range Rover Sport and Defender model mix in Q1 FY27 was 80.8% of total wholesale volumes, up from 77.2% in Q1 FY26
JLR SETS OUT PATH TO DOUBLE DIGIT REVENUE GROWTH THROUGH GREATER PROPULSION FLEXIBILITY AND INCREASED FOCUS ON NORTH AMERICA
• Luxury vehicle manufacturer to offer global markets more choice by adding increased propulsion flexibility as execution of JLR’s Reimagine strategy continues
• Enterprise operating model continues to evolve around the House of Brands to generate brand‑led growth and strengthen customer trust
• Range Rover, Defender and Discovery brands will offer the choice of MHEV, HEV, PHEV or BEV, while Jaguar will be uniquely Electric
• Forthcoming new product launches include Range Rover Electric, Range Rover Sport Electric and Jaguar Type 01, followed by further new additions to the Range Rover and Defender brands on JLR’s new Electrified Modular Architecture (EMA)
• Flexibility planned to be added to future vehicles built on EMA at Halewood, UK through a full Hybrid Electric Vehicle (HEV) option
• Growth agenda to be accelerated with increased focus on North America. Recently announced collaboration with Stellantis to explore delivery of new products for the Defender brand specifically designed for the US market
• Enterprise missions to drive cost reductions of £1.7 billion to reduce breakeven towards 300,000 units over the next two years
• Plans underway to build resilience in every aspect of the business to drive predictability, speed and agility
JLR HOLDS ANNUAL INVESTOR DAY
Gaydon, UK, 19 June 2026: JLR recently held its annual Investor Day at our offices in Gaydon, UK.
A recording of our FY27 Investor Day is available using here
LEARN MOREQUARTER FOUR RESULTS 2025/26
95,315
WHOLESALES (UNITS)
£6,870m
REVENUE
£458M
PROFIT/(LOSS) BEFORE TAX & EXC. ITEMS
£829M
FREE CASH FLOW
9.2%
EBIT %
14.0%
EBITDA %
JLR faced a challenging year with revenue and profit impacted by multiple headwinds, including a pause in production following the cyber incident. We recovered well in the fourth quarter as production returned to normal levels, demonstrating the commitment of our people, suppliers and retail partners. As we look ahead into FY27, we are focused on driving growth through our well differentiated House of Brands and reducing our break‑even volumes whilst we launch a slew of exciting products starting with the new Range Rover Electric, the unveiling of the first of our EMA products and the eagerly awaited new Jaguar.
FY26 FULL YEAR RESULTS 2025/26
307,915
WHOLESALES (UNITS)
£22,911m
REVENUE
£14M
PROFIT/(LOSS) BEFORE TAX & EXC. ITEMS
£(2,229)M
FREE CASH FLOW
0.7%
EBIT %
6.7%
EBITDA %
REIMAGINE STRATEGY
MODERN LUXURY
Where design philosophy meets sustainability, innovation and exceptional client experience to create desirability. Learn more here
ELECTRIFICATION
Ushering in a new era of sustainable, luxury vehicles, our unwavering commitment lies in the electrification of our House of Brands. Learn more here
SUSTAINABILITY
Sustainability is at the heart of everything we do, driving us to redefine the future of responsible excellence across our footprint. Learn more here
ENTERPRISE
Our journey to realise a sustainability driven vision of modern luxury, through transparent and ethical end to end supply base. Learn more here
ESG
In our pursuit of our sustainability goals, JLR embraces a forward‑thinking ethos. Aligning with stakeholders, we are shaping a future where desirability coexists harmoniously with responsible practices.
Learn more