Otokar Otomotiv ve Savunma Sanayi A.Ş. has released its consolidated financial results for the 2025 fiscal year, reporting a net loss of TRY 1.46 billion, citing the impact of high inflation and risks related to trade receivables.
The company had recorded a net loss of TRY 4.06 billion in 2024, marking a significant year-on-year improvement despite remaining in negative territory.
Total Assets Reach TRY 65.58 Billion
As of the end of 2025, Otokar’s consolidated total assets rose to TRY 65.58 billion, compared to TRY 52.23 billion a year earlier. Current assets stood at TRY 43.12 billion, while non-current assets totaled TRY 22.47 billion.
Revenue Climbs to TRY 51.96 Billion
Otokar’s revenue increased to TRY 51.96 billion in 2025, up from TRY 44.11 billion in 2024. The cost of sales also rose, reaching TRY 42.02 billion compared to TRY 37.13 billion the previous year.
The company posted an operating profit of TRY 2.10 billion in 2025, a sharp turnaround from the TRY 919.26 million operating loss recorded in 2024.
Borrowings and Cash Position
Short-term borrowings increased to TRY 41.37 billion in 2025, while long-term borrowings amounted to TRY 15.67 billion.
Cash and cash equivalents rose significantly to TRY 6.73 billion at year-end, up from TRY 1.93 billion at the end of 2024.
Trade Receivables at TRY 15.82 Billion
Otokar’s trade receivables were reported at TRY 15.82 billion in 2025. The company set aside an impairment provision of TRY 340.43 million against these receivables.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök