German agricultural machinery manufacturer Claas has concluded its 2025 fiscal year with stable results despite a challenging global market.
Sales reached €4.9 billion, slightly down from €5.0bn in 2024, while net income stood at €230.3 million. Free cash flow grew strongly to €252.0m.
CEO Jan-Hendrik Mohr said: “The year 2025 was shaped by our groundbreaking product push. With strong innovations, we significantly expanded our portfolio that set new benchmarks in technology and customer benefits. In a challenging year for the agricultural machinery industry, we have performed well and further strengthened our position. We trust in our strategy, our innovative strength and, above all, our dedicated team."
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Claas launched a number of new machines over the year, including the record-breaking Jaguar 1200 forage harvester, the Axion 9 large tractor series, and the Torion 537e electric telehandler. Highlights included awards at Agritechnica, such as 'Tractor of the Year 2026' for the Axion 9.450 Terra Trac and a gold Agritechnica Innovation Award for the Cubix square baler. The company also expanded its digital ecosystem with Claas connect, enabling better machine connectivity and interoperability across mixed fleets.
Investments in infrastructure and R&D remained a priority. Claas spent €319.9m on research and development, while new automated facilities were added in Germany, France, and the U.S., strengthening production and innovation capabilities globally.
Looking ahead, Claas expects a slight market recovery in 2026 with moderate sales growth, though higher costs in R&D, digitalisation, and expanded sales structures may limit profitability.
Full details are available at annualreport.claas.com
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