The largest automotive suppliers by revenue

Revenue of the world's largest automotive suppliers. Compiled by Philipp Raasch, 10 years at Mercedes-Benz, independent automotive industry analyst.

As offiscal years 2025/2026
SourceAnnual reports, ECB rates
Coverage46 manufacturers · 23 suppliers

Last checked Aug 26, 2026

CATL leads with 54.1 €bn, ahead of Denso (40.6 €bn) and Hyundai Mobis (37.9 €bn).

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Bars relative to No. 1 · €bn

Automotive suppliers by revenue

#CompanySizeCountryRevenueFY
1CATLChina54.12025
2DensoJapan40.62026
3Hyundai MobisSouth Korea37.92025
4Magna InternationalCanada36.02025
5CumminsUnited States28.92025
6AisinJapan27.62026
7Sumitomo ElectricJapan27.52026
8MichelinFrance26.02025
9BridgestoneJapan23.92025
10SchaefflerGermany23.52025
11HASCO (Huayu Automotive)China23.52025
12ForviaFrance21.32025
13ValeoFrance20.92025
14LearUnited States19.92025
15ContinentalGermany19.72025
16AptivIreland17.52025
17GoodyearUnited States15.72025
18InfineonGermany14.72025
19OPmobilityFrance10.22025
20Knorr-BremseGermany7.82025
21PirelliItaly6.92025
22BremboItaly3.72025
23MobileyeIsrael1.62025

Fiscal years can differ by company (FY column).

My take
That a battery maker tops this list is the real story: value creation is shifting from the mechanical parts bin into the cell. And the old giants Bosch and ZF are only missing here because they are not listed, not because they are small.
Philipp Raasch
Philipp RaaschFounder · Der Autopreneur

Methodology

Revenue from each company's latest available fiscal year (FY column), converted to euros at the ECB reference rate. Fiscal years vary: Japanese automakers report through the end of March. All figures come from the published consolidated financial statements. For conglomerates (Xiaomi) and semiconductor groups (Infineon) the group-level figure is used. Privately held companies such as Bosch and ZF are not included.

All information is provided for informational purposes only and does not constitute investment advice. Financial figures may be delayed, preliminary or contain errors. No guarantee of accuracy, completeness or timeliness. Exchange rates: European Central Bank.

Frequently asked questions

Which automotive supplier generates the most revenue?

CATL is the world's largest listed automotive supplier by revenue, at 54.1 billion euros, ahead of Denso (40.6) and Hyundai Mobis (37.9). As of fiscal years 2025/2026.

How is revenue made comparable?

Every revenue figure comes from the published consolidated financial statements of the latest fiscal year and is converted to euros at the ECB reference rate. Fiscal years vary; Japanese automakers report through the end of March.

Are Bosch and ZF included?

No. Bosch and ZF are not publicly listed and are not part of this ranking, although they are among the largest suppliers in the world by revenue.

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