As we are telling you, the semi-annual results of BMW Group They leave a particularly interesting read for the world of 2 wheels. Although BMW Motorrad has delivered fewer motorcycles and scooters than during the first half of 2025, the division has managed to improve its economic results at a time when the group’s automotive business faces a much more complicated situation.
Between January and June 2026, BMW Motorrad delivered 102,847 motorcycles and scooters around the world. These are 3,062 units less than in the same period of the previous year, when it reached 105,909 deliveries, which represents a year-on-year drop of 2.9%. In the second quarter, the division registered 60,112 units, 2% less than a year earlier. The figure, therefore, does not point to growth in volume. But there is another piece of information that completely changes the reading of these results: BMW Motorrad is making more money.
BMW Motorrad: fewer motorcycles, but more benefits
According to figures from the semi-annual report of BMW Groupthe motorcycle division obtained a pre-tax profit of 230 million of euros during the first 6 months of 2026. In the same period of 2025, this figure had been 212 million euros. The result represents a increase of 8.5% year-on-yeardespite the fact that the number of motorcycles and scooters delivered to customers has decreased.
It is a significant contrast that points to a positive evolution in the profitability of the 2-wheel business. BMW Motorrad has managed to generate a greater profit with a slightly lower sales volume, a situation that may be related to the combination of product, positioning and evolution of the markets in which it operates. The comparison is even more striking when one observes what happened in the automotive business as a whole. BMW Group.
At the BMW Group, the automobile loses much more ground
During the first half of 2026, BMW Group delivered 1,156,742 four-wheeled vehicles, 4.2% less than in the same period in 2025. In absolute terms, the difference compared to the previous year is considerably greater than that recorded by BMW Motorrad. But the most important difference appears when analyzing the benefits.
Thus, the automobile business of BMW Group gender 1,974 million euros profit before taxes during the first 6 months of 2026. A year earlier, the figure had reached 3,626 million euros. That supposes a year-on-year reduction in 45.6%a decline that contrasts radically with the 8.5% growth recorded by the motorcycle division.
A particularly striking contrast between BMW and Honda
The situation is reminiscent, although with important differences, of what happens in other large groups that combine cars and motorcycles. Sling It is probably the most obvious example of a company in which 2 wheels and 4 wheels coexist within the same corporation, although the circumstances and positioning of both companies are different. bmw plays in more premium territory and has a motorcycle division much smaller in terms of volume than its automobile business.
Precisely for this reason, the evolution of BMW Motorrad It’s interesting. You do not need to sell hundreds of thousands of additional units to improve your results if you manage to maintain the attractiveness of your models and increase the profitability of the business. The data for the first half of 2026 seem to point in that direction: fewer deliveries, but more profit.
But, the evolution of the second half of 2026 will allow us to verify if this trend is consolidated and if BMW Motorrad is able to maintain its profitability, while the group continues to adjust its automotive business. For now, the numbers leave a clear picture: in bmwmotorcycles are resisting the storm better than cars. Very good news.
