Sales plunge 16% but profits remain! Porsche (POAHY.US) stabilizes earnings, with 911 as a key support

According to information from Zhitong Finance APP, despite another sharp decline in car sales, Germany's long-established luxury car manufacturer Porsche (POAHY.US) has maintained stable profitability. Demand for its high-end 911 model and premium derivative models has helped the company offset the impact of weak performance in the Chinese market. Data shows that Porsche's revenue for the first nine months of 2026 was 25.282 billion euros, down 6% from 26.864 billion euros in the same period last year. A 16% decrease in deliveries over the first nine months was an important factor dragging down revenue, although pricing and model mix partially cushioned this effect.