TickerStat.comVolkswagen AG annual net debt
2021
2022
2023
2024
2025
Volkswagen AG Net Debt Growth & History (VOW3)
Volkswagen AG's net debt was €225.90B for fiscal 2025.
View full Volkswagen AG company overviewVolkswagen AG annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €225.90B | €12.12B | +5.67% |
| 2024 | 2024-12-31 | €213.78B | €24.42B | +12.90% |
| 2023 | 2023-12-31 | €189.36B | €13.79B | +7.85% |
| 2022 | 2022-12-31 | €175.57B | €4.48B | +2.62% |
| 2021 | 2021-12-31 | €171.09B | — | — |
Volkswagen AG quarterly net debt
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €157.74B | €4.40B | +2.87% |
| Q1 2026 | 2026-03-31 | €147.06B | −€6.58B | −4.28% |
| Q4 2025 | 2025-12-31 | €157.56B | — | — |
| Q2 2025 | 2025-06-30 | €153.34B | — | — |
| Q1 2025 | 2025-03-31 | €153.63B | — | — |
Volkswagen AG net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Volkswagen AG's net debt increased from €171.09B to €225.90B, a change of €54.81B. The latest reported quarter, Q2 2026, shows €157.74B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Volkswagen AG source filings ↗Community posts
Volkswagen union invokes talks clause over restructuring dispute
IG Metall moved to invoke a clause requiring talks with Volkswagen ($VOW3) over concerns that a newer turnaround plan could undermine the company’s existing labor agreement. The union wants management to uphold job and investment commitment ...
Volkswagen considers a possible sale of Ducati
Volkswagen ($VOW3) is discussing a possible sale of motorcycle maker Ducati, which sits within its Audi division. Reuters reported the development, citing an interview with Audi’s chief executive by Bloomberg. The executive confirmed Ducati ...