Nissan Returns to Profit in Q1 as Re:Nissan Plan Delivers

Nissan reported stronger first-quarter results with higher revenue, improved profitability and continued sales growth in North America under its Re:Nissan recovery strategy.

Nissan posted a strong financial recovery during the first quarter of fiscal 2026, returning to profitability after last year’s significant losses. The automaker reported higher revenue, improved operating margins and continued sales growth in North America as its Re:Nissan restructuring strategy begins delivering measurable results.

The company also reaffirmed its full-year financial outlook despite ongoing challenges in China and global economic uncertainty.

Revenue and Profitability Improve

Nissan reported $18.9 billion in net revenue, an increase of $1.6 billion year over year, while returning to an operating profit after posting heavy losses during the previous fiscal year.

Key Q1 highlights include:

• Net revenue increased by $1.6 billion
• Operating margin improved from -2.9% to 2.6%
• Approximately $328 million in cost savings achieved
• Engineering cost reduction target reached ahead of schedule

Nissan returned to profitability during the first quarter of fiscal 2026.

North America Continues to Drive Growth

The United States remained Nissan’s strongest market during the quarter.

U.S. sales increased 9.6% year over year, supported by strong demand for the Rogue, Pathfinder, and Frontier. The company has now recorded 16 consecutive months of retail sales growth in the U.S. and plans to expand its North American lineup with a new Rogue featuring its e-Power hybrid system later this year.

Strong demand for SUVs and pickups helped boost Nissan’s U.S. sales.

Challenges Remain Despite Positive Momentum

While Nissan’s financial performance improved, the company acknowledged ongoing pressure from rising raw material costs, logistics expenses and geopolitical uncertainty.

China also remains a difficult market, prompting Nissan to reduce its global sales forecast from 3.3 million to 3.15 million vehicles for the fiscal year. Even so, the automaker continues to target additional cost reductions and expects further progress through its long-term recovery strategy.

Nissan continues executing its Re:Nissan plan while facing challenges in global markets.