The largest automotive suppliers by revenue
Revenue of the world's largest automotive suppliers. Compiled by Philipp Raasch, almost 10 years at Mercedes-Benz, independent automotive industry analyst.
Last checked Oct 10, 2026
CATL leads with 56.5 €bn, ahead of Bosch Mobility (55.8 €bn) and Denso (42.5 €bn).
Automotive suppliers by revenue
| # | Company | Size | Country | Revenue | FY |
|---|---|---|---|---|---|
| 1 | CATL | China | 56.5 | 2025 | |
| 2 | Bosch Mobility | Germany | 55.8 | 2025 | |
| 3 | Denso | Japan | 42.5 | 2026 | |
| 4 | Hyundai Mobis | South Korea | 40.7 | 2025 | |
| 5 | ZF Friedrichshafen | Germany | 38.8 | 2025 | |
| 6 | Magna International | Canada | 37.5 | 2025 | |
| 7 | Cummins | United States | 30.0 | 2025 | |
| 8 | Aisin | Japan | 28.9 | 2026 | |
| 9 | Sumitomo Electric | Japan | 28.8 | 2026 | |
| 10 | Michelin | France | 26.0 | 2025 | |
| 11 | Bridgestone | Japan | 25.0 | 2025 | |
| 12 | HASCO (Huayu Automotive) | China | 24.5 | 2025 | |
| 13 | Schaeffler | Germany | 23.5 | 2025 | |
| 14 | Forvia | France | 21.3 | 2025 | |
| 15 | Valeo | France | 20.9 | 2025 | |
| 16 | Lear | United States | 20.8 | 2025 | |
| 17 | Continental | Germany | 19.7 | 2025 | |
| 18 | Aumovio | Germany | 18.6 | 2025 | |
| 19 | Aptiv | Ireland | 18.2 | 2025 | |
| 20 | Goodyear | United States | 16.3 | 2025 | |
| 21 | Infineon | Germany | 14.7 | 2025 | |
| 22 | OPmobility | France | 10.2 | 2025 | |
| 23 | Knorr-Bremse | Germany | 7.8 | 2025 | |
| 24 | Pirelli | Italy | 6.9 | 2025 | |
| 25 | Brembo | Italy | 3.7 | 2025 | |
| 26 | Mobileye | Israel | 1.7 | 2025 |
Fiscal years can differ by company (FY column).
That a battery maker is now fighting Bosch for the top of this list is the real story: value creation is shifting from the mechanical parts bin into the cell.
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. The privately held suppliers Bosch and ZF are included with the figures from their annual reports. For Bosch we use the Mobility business sector, the automotive business without household appliances, industrial and building technology.
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 automotive supplier by revenue, at 56.5 billion euros, ahead of Bosch Mobility (55.8) and Denso (42.5). 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?
Yes. Neither is publicly listed, but both publish annual reports, and their revenue comes from there. For Bosch we show the Mobility business sector, the automotive business without household appliances, industrial and building technology.