The Claas Group has successfully concluded the 2025 fiscal year (as of September 30, 2025) in a challenging market environment. Despite global consumer reluctance and volatile markets, the family-owned company was able to strengthen its position and set a course for the future.
Focus in the past fiscal year was on a broad product push, strategic investments in the global production network, and the consistent further development of digital solutions.
“The year 2025 was shaped by our major product push. With strong innovations, we 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,” says CEO Jan-Hendrik Mohr. “We trust in our strategy, our innovative strength and our dedicated team.”
Claas generated sales of €4.9 billion (previous year: €5.0 billion) in fiscal year 2025, thus remaining close to the previous year’s level. Consolidated net income reached €230.3 million (previous year: €253.3 million, Free cash flow developed positively increasing to €252.0 million (previous year: €190.3 million).
Sales performance varied across the regions. While sales in Western Europe declined slightly, the Central Europe and Central Asia region recorded significant growth of 7.9%. In North and South America, strong sales growth in South America largely offset the decline in North America.
The financial year was marked by a major product push, such as the new Jaguar 1000 forage harvester series, Axion 9 large tractor series, the Arion 570 CMATIC and the compact tractor Axos 3, as well as the latest generation of the Lexion 8000 and new Trion 760 combine harvesters. Also other new and upgraded products were launched such as the Torion 537e electric telehandler, new Cubix square baler and the variable Cerex 700 round baler. In digitalization, CLAAS connect established a new digital ecosystem that goes beyond pure machine operation and focuses on interoperability and mixed fleets.
Infrastructure and R&D
Claas continued its investment program with a focus on modernizing and expanding its infrastructure. Research and development (R&D) expenditures totaled €319.9 million. This sustained level of investment highlights the critical importance of R&D in securing the company’s future position.
A new, highly automated prefabrication center went into operation at the Harsewinkel site. At the Bad Saulgau facility, the competence center for forage harvesting technology, a new plant layout with a fully automated high-bay warehouse has been implemented. Meanwhile, in Le Mans, France, a multifunctional hall is taking shape to expand tractor production. In Omaha, Nebraska (U.S.), home to the company’s combine harvester production site, an advanced R&D center is under construction, safeguarding Claas’s foothold in the expanding North American market.
Digital transformation remained a key priority, highlighted by the group-wide implementation of the S/4HANA ERP system, laying the groundwork for future innovation and efficiency gains.
Slight market recovery expected
Despite ongoing political uncertainties and continued below-average commodity prices, Claas expects a slight recovery in the global agricultural machinery markets in fiscal year 2026. However, the extent and speed of this recovery will vary from region to region.
Due to the reduction in inventories in the distribution channels and the expected slight market recovery, the Claas Group anticipates a moderate increase in sales for 2026. However, this will be offset by additional costs for the expansion of sales structures, higher expenditure on research and development, customs duties, and digitalization projects. As a result, a moderate decline in income before taxes is forecast.
