Kia Announces 2025 Third Quarter Business Results

• Kia posts Q3 revenue of KRW 28.69 trillion, up 8.2% Y/y
• Q3 global sales of 785,137 units, up 2.8% Y/y
• Q3 operating profit at KRW 1.46 trillion, down 49.2% Y/y; operating profit margin of 5.1%
• Strong HEV demand led to a 32.3% rise in electrified model sales
• Kia to sustain global sales momentum with new hybrid models and full EV lineup

Kia Corporation today announced its 2025 third-quarter business results.

The company recorded its quarterly revenue of KRW 28.69 trillion in the third quarter, rising 8.2 percent year on year, marking its highest ever third-quarter revenue. Robust sales of electrified models in global markets and higher average selling price (ASP) supported the results.

Kia sold 785,137 vehicles globally in the third quarter of 2025, a 2.8 percent increase year on year. This marks the company’s highest ever third-quarter sales volume, driven by continued hybrid demand and rising EV sales.

Operating profit for the period was KRW 1.46 trillion, down 49.2 percent from a year earlier, impacted by increased incentives and the full effect of U.S. tariffs. The operating profit margin stood at 5.1 percent, supported by strong hybrid sales in North America.

The company marked a net profit including non-controlling interest of KRW 1.42 trillion, down 37.3 percent compared with the same period last year.

Wholesale performance outside of Korea increased by 1.4 percent to 647,128 units, driven by robust demand for hybrid models in North America, which recorded a 2.3 percent year-over-year rise. Kia also saw an increase in sales volume in Asia-Pacific region and Central South America.

Wholesales in Korea increased by 10.2 percent to 138,009 units compared with the third quarter of 2024, supported by solid sales of recreational vehicles (RVs) and EV models.

In Europe, despite strong EV3 sales, overall volume fell due to model discontinuations and temporary production adjustments at the Slovakia plant during its electrification transition. In India, sales dipped due to deferred demand ahead of the Good and Services Tax (GST) reduction implemented at the end of September.

Sales of electrified vehicles

In the third quarter of 2025, Kia recorded global retail sales of 204,000 electrified vehicles (xEVs), including hybrid (HEV), plug-in hybrid (PHEV), and battery-electric vehicles (BEVs), representing a 32.3 percent increase from a year earlier. Electrified vehicles accounted for 26.4 percent of Kia’s global sales in the period, compared with 21 percent a year before.

Hybrid sales rose 40.9 percent year over year to 118,000 units, leading the overall sales growth of the company’s electrified models in the past quarter. Sales of BEVs increased 30 percent to 70,000 units while plug-in hybrid sales stood at 17,000 units, down 2.6 percent from a year ago.

Outlook and plans

In 2025, Kia anticipates that global trade uncertainties, including tariffs, will continue to pose risks to profitability. The company remains committed to expanding its global presence by offering more hybrid models and accelerating its growth through a full EV lineup.

In the Korean market, Kia aims to continue expanding sales through hybrid models for RVs and entering the new segment following its first pickup truck Tasman. The company is also committed to maintaining sales momentum by expanding its EV lineup with the upcoming launch of the EV5 and PV5 models.

In the U.S., Kia plans to leverage its flexible production system to respond to market demand and regulatory changes, while expanding the hybrid lineups of popular models in line with the industry-wide demand. In Europe, Kia will expand its EV lineup with models such as EV4, EV5, and PV5, while in India, the company will maintain sales momentum with Syros SUV, launch the fully redesigned Seltos SUV, and strengthen its dealer network.

_{(Revenue / Operating Profit / Net Profit unit: Billion KRW)}

* Net Profit includes non-controlling interest
* Under K-IFRS

Notes:
A. The above results are tentative consolidated business results under “Korean International Financial Reporting Standards (K-IFRS)”
B. The above results are preliminary and unaudited. Figures are subject to change after official audit
C. The above sales volumes are based on wholesales unless otherwise specified
D. The electrified vehicle retail sales figure is rounded up to the nearest hundred
E. For further information, please refer to the company website – (link) 
F. Presentation material is available for download on the Company IR website – (link)