Volkswagen AG annual working capital
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Volkswagen AG Working Capital Growth & History (VOW3)
Volkswagen AG's working capital was −€223.44B for fiscal 2025.
View full Volkswagen AG company overviewVolkswagen AG annual working capital history
| Fiscal year | Period ended | Working capital | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −€223.44B | −€251.63B | — |
| 2024 | 2024-12-31 | €28.19B | −€5.58B | −16.52% |
| 2023 | 2023-12-31 | €33.77B | −€7.55B | −18.27% |
| 2022 | 2022-12-31 | €41.32B | €5.36B | +14.92% |
| 2021 | 2021-12-31 | €35.95B | €6.42B | +21.74% |
| 2020 | 2020-12-31 | €29.53B | €9.99B | +51.15% |
| 2019 | 2019-12-31 | €19.54B | €3.97B | +25.51% |
| 2018 | 2018-12-31 | €15.57B | €15.85B | — |
| 2017 | 2017-12-31 | −€277.0M | €21.52B | — |
| 2016 | 2016-12-31 | −€21.79B | −€18.69B | — |
| 2015 | 2015-12-31 | −€3.10B | −€3.50B | — |
| 2014 | 2014-12-31 | €396.0M | −€3.17B | −88.90% |
| 2013 | 2013-12-31 | €3.57B | −€3.98B | −52.74% |
| 2012 | 2012-12-31 | €7.55B | €2.96B | +64.70% |
| 2011 | 2011-12-31 | €4.58B | −€4.45B | −49.28% |
| 2010 | 2010-12-31 | €9.04B | — | — |
Volkswagen AG quarterly working capital
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Working capital | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €17.41B | −€3.68B | −17.44% |
| Q1 2026 | 2026-03-31 | €17.41B | −€4.40B | −20.17% |
| Q4 2025 | 2025-12-31 | €21.34B | — | — |
| Q2 2025 | 2025-06-30 | €21.09B | — | — |
| Q1 2025 | 2025-03-31 | €21.81B | — | — |
Volkswagen AG working capital trends
Over the last five fiscal years, Volkswagen AG's working capital decreased from €29.53B to −€223.44B, a change of −€252.97B. The latest reported quarter, Q2 2026, shows €17.41B.
About the metric
What working capital means
Working capital is the difference between current assets and current liabilities. It provides a snapshot of short-term operating liquidity, although negative working capital can be normal for some business models and the measure is often not meaningful for banks.
Calculation and source
How working capital is calculated
TickerStat calculates working capital as reported current assets minus reported current liabilities at the same balance-sheet date. Missing current classifications are not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Volkswagen AG source filings ↗Community posts
Volkswagen pauses electric-Golf work at Wolfsburg, Reuters reports
Volkswagen ($VOW3) has suspended development work on the next all-electric Golf at Wolfsburg, according to an internal memo seen by Reuters. The report linked the pause to the main plant’s failure to meet cost targets, including a €300 mill ...
Volkswagen reportedly considers China-developed software for much of its European range
Volkswagen ($VOW3) is considering extending its China Electronic Architecture to European models, Reuters reported, citing Manager Magazin. The proposal could cover roughly three quarters of next-generation Volkswagen, Skoda and Cupra vehic ...
Volkswagen cuts its margin outlook as Porsche-related charges mount
Volkswagen ($VOW3) reduced its expected operating margin to no more than 1%, down from 4–5.5%, as it faces roughly €10 billion of exceptional charges. The burden includes an approximately €6 billion impairment linked to Porsche, alongside r ...
Volkswagen union invokes talks clause over restructuring dispute
IG Metall moved to invoke a clause requiring talks with Volkswagen ($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 ...
