Pirelli Hit Financial Targets in 2025
Pirelli & Cie SpA says it achieved its financial objectives for 2025, recording full-year revenue of around $7.8 billion.
That represents a year-over-year increase of 4.2%.
Pirelli's adjusted EBIT for 2025 totaled $1.1 billion, a year-over-year increase of 2%.
During the fourth quarter of 2025, Pirelli posted $1.8 billion in sales, a 6.1% gain over the fourth quarter of 2024, and EBIT of $289 million.
"In a challenging context, characterized by geopolitical and commercial tensions and marked ... volatility, Pirelli closed 2025 with better results compared with the previous year and in line with the targets announced to the market, confirming the efficacy of the business model and key programs of the (company's) Industrial Plan," according to Pirelli officials.
2025 highlights
During 2025, Pirelli secured 323 new homologations "with the principal manufacturers of prestige and premium cars," with concentrated focus on tires 19 inches and larger.
On a global scale, Pirelli "strengthened its offering with the launch of nine new car products," including the Scorpion ATX All Terrain for North America.
The Milan, Italy-based company also "broadened its portfolio of prestige clients for Cyber Tyre Technology, which will be, among others, integrated by Aston Martin into future models for 2027, while other agreements, also with premium car makers, are being defined.
2026 outlook
Pirelli forecasts that the "high-value" tire segment will grow in 2026, "supported by the replacement channel," especially in North America, Europe and Asia. "Demand for high-value original equipment (tires) is expected to see low-single digit growth and is expected to recover in the second part of the year, in line with the trend of car production."
Based on 2025 results, the company expects to achieve "solid organic growth, a further improvement in profitability and solid cash generation," despite external forces like exchange rates and tariffs.
Pirelli predicts that it will achieve $7.9 billion to $8.1 billion in sales for the full year, with volume growth between 1% and 2% and a price/mix improvement of around 2%.