CMA CGM reports slight revenue loss for 2025 and a cautious outlook for 2026

In the midst of an uncertain economic and geopolitical environment, French shipping company CMA CGM reported what it called solid financial results for 2025, assuring stakeholders that the figures align with the liner’s long-term strategy.

“The continued growth of our terminals and air freight operations, combined with our logistics activities, confirms the relevance of our model,” said Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group. “It strengthens our agility and allows us to adjust our operations to the cycles of our industry.”

For the 2025 financial year, the company reported $54.4 billion in revenue, a two percent drop compared to 2024. The carrier attributed the slight drop to lower revenue from container shipping (down over six percent, reaching 34.3 billion), potentially due to pricing pressure from the expansion of global shipping capacity. 

Meanwhile, CMA CGM’s EBITDA totaled $10.6 billion, representing a margin of 19.4 percent, down nearly five percent year over year.

Due to sustained demand in the company’s maritime business, the carrier reported transported volumes at 24.2 million TEU, up 2.8 percent year-over-year. The indicator was particularly positive in Q4 2025, rising 5.3 percent, putting CMA CGM ahead of its competitors for the period.

Logistics revenue totaled $18.3 billion in 2025 and remained relatively stable compared with 2024. Meanwhile, revenue from CMA CGM AIR CARGO and the company’s media business rose 48.4 percent to $4.3 billion. The jump, reads the document, was driven in particular by scope effects and strong performance from the terminals' portfolio and the air cargo business.

An uncertain 2026 outlook for CMA CGM—and the entire shipping industry 

At the end of 2025, the entire container shipping industry expected moderate growth in the following calendar year. However, recent developments in the Middle East, particularly in the Red Sea and the Hormuz Strait, have complicated outlooks and will be key market influencers and freight rate trend-setters.

“In a context of heightened tensions, our priority is clear: protecting our teams and adapting our operations to ensure our customers continue to receive a reliable and high-quality service,” Saadé added. 

The group said it remains vigilant and attentive to ongoing tensions surrounding trade policies, as well as to macroeconomic and geopolitical developments affecting strategic maritime corridors.

Due to this level of uncertainty, CMA CGM said it will rely on “the diversification of its activities, the flexibility of its network, and its financial strength.”  

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