Jaguar Land Rover (JLR) has posted a significant second-quarter loss after a September cyber incident forced the company to halt production for several weeks, contributing to a sharp fall in revenue and a reversal of profits seen a year ago.

The UK’s largest carmaker, owned by Tata Motors, reported revenue of £4.9bn for the three months to 30 September 2025, down 24% year-on-year. Total losses for the quarter reached £485m, compared with a £398m profit over the same period last year. The company said the figures were also affected by US tariffs and the planned winding down of legacy Jaguar models ahead of the launch of a new vehicle.

JLR confirmed in an update on its site that the ransomware attack itself had cost the business £196m in “cyber-related costs,” recorded as part of £238m in exceptional items during the quarter.

The company did not provide a detailed breakdown of the cyber-related spend, however they did state that the figure did not include lost sales or increased engineering costs.

The impact of the shutdown extended beyond Q2. Bosses said the company expects to have lost further sales during the current quarter due to continued disruption following the attack. H1 revenue fell to £11.5bn, down 16% year-on-year, reflecting the production stoppages that began in early September and the phase-out of older Jaguar models.

Exceptional items for the quarter totalled £238m, comprising £196m of cyber-related costs and £42m linked to a voluntary redundancy programme. EBIT margin dropped to (8.6)% for Q2 and (1.4)% for H1, leading the business to revise its full-year FY26 margin guidance to between 0% and 2%.

JLR said it had taken steps to support its balance sheet following the cyber incident, securing £3.5bn in additional liquidity backstop facilities. Total liquidity as of 30 September stood at £6.6bn, including an undrawn revolving credit facility of £1.7bn and a new £2bn bridge facility signed on 22 September. In October, the company also secured a £1.5bn UKEF-guaranteed commercial loan.

Operations Restored After Cyberattack

In an update on its cyber incident response, JLR said “decisive actions” had been taken to restart the business safely and recover operations at pace. Measures included the restart of systems used to wholesale vehicles, the reopening of the Global Parts Logistics Centre, and the fast-track introduction of a supplier financing scheme to provide upfront cash to qualifying suppliers during the restart phase.

The company said production downtime was used to accelerate development and testing work for its electrification programme, including underbody build validation, ADAS testing rig implementation at Solihull, and EMA readiness at Halewood. These efforts form part of JLR’s commitment to invest £18bn over five years from FY24.

JLR first disclosed the incident on September 2nd, announcing that it had shut down all global systems as an initial containment measure. Manufacturing restarted on a phased basis from on October 8th.

Chief executive Adrian Mardell said: “JLR has made strong progress in recovering its operations safely and at pace following the cyber incident. In our response we prioritised client, retailer and supplier systems and I am pleased to confirm that production of all our luxury brands has resumed.

“The speed of recovery is testament to the resilience and hard work of our colleagues. I am extremely grateful to all our people who have shown enormous commitment during this difficult time, and I want to thank our clients, retailers, suppliers and everyone in the communities connected with JLR, for their support through this disruption.

“JLR is a great business with strong global brands, a talented workforce and a loyal customer base. We are now set to deliver the outcome of an extraordinary period of British design and engineering, with the arrival of the Range Rover Electric and the new electric Jaguar – cars which will be unrivalled in their performance, design and capability. While we are mindful of the economic, geopolitical and policy challenges that our industry faces, we are resilient and well placed to make strong progress.

“As I approach the end of my 35-year career at JLR, I am immensely proud of what we have achieved together. Leading JLR as CEO over the past three years has been the greatest honour of my career and I am confident that the next chapter will bring continued success for this great business under the leadership of PB Balaji.”

Brand and Sustainability Developments Continue

Despite the financial impact of the cyber incident, JLR highlighted several developments across its brand, electrification, and sustainability initiatives. Range Rover was recognised in the Top 100 Global Brands by Interbrand for the second consecutive year, while a bespoke Range Rover SV Asilomar was unveiled at Monterey Car Week in August.

JLR also became the first global OEM to adopt Pirelli P Zero tyres containing more than 70% renewable and recycled materials, and showcased commitments as Principal Partner of the Women’s Rugby World Cup. The Jaguar Type 00 is set to arrive in London in December following its global reveal.

Recommended reading

• Jaguar Land Rover Cyber-attack Disrupting Production and Sales
• M&S Hackers Take Credit for Jaguar Land Rover Cyber-attack
• How Scattered Spider’s Web Brought UK Retail to its Knees

Electrification work continues across the business, including the development of the reborn Freelander for the Chinese market and testing of more than 150 prototypes of the new electric Jaguar. The company also opened solar farms in Gaydon, UK, and at its CJLR facility in China, generating significant proportions of those sites’ energy needs.

The JLR Foundation awarded its first grants to four charities aligned with its mission to empower young people through skills and career development.

Looking ahead, the company said investment spend will remain at £18bn over the five-year period from FY24. Free cash outflow for the quarter was £791m and £1.5bn for H1, with production now returned to normal levels. JLR said it remains “resilient and well placed” to address economic, geopolitical and policy challenges facing the automotive sector.

Jaguar Land Rover Automotive plc reported the results as part of its Q2 FY26 announcement.