Daimler Truck raised its 2026 guidance based on higher volumes and earnings in North America. Adjusted EBIT for Daimler Trucks North America (DTNA) was up 169% and unit sales were up 50% in the quarter.
"Our third-quarter performance demonstrates that we are continuing to build momentum across the business," says Karin Radstrom, president and CEO. "Most importantly, we achieved stronger profitability while remaining firmly focused on serving our customers around the globe."
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Incoming orders for DTNA were up 12% year over year to 29,357 units while revenue went up 43% to $6.36 billion.
"We delivered strong cash generation in the third quarter, demonstrating our discipline in converting performance into cash," says Eva Scherer, CFO. "We are determined to maintain that discipline and finish the year on a strong note."
The group as a whole saw revenue improve 19% to $14.04 billion while profits were up 53%.
Financial Services saw new business increase 20% to $3.26 billion with a 10% increase in revenue to $1.05 billion in the quarter.
Daimler revised its full-year forecasts, saying it now Q4 to come in at the upper end of guidance for North America. It forecasts sales of 160,000-180,000 units versus 142,000 units in 2025.
While Daimler Buses saw lower incoming orders and unit sales, it remained fairly stable revenue wise, dropping only 4% year over year to $1.5 billion.
