JLR Reports £500m Loss After Costly Cyber Attack in Q2 FY26
Jaguar Land Rover reports £500m loss after cyber attack

British automotive giant Jaguar Land Rover (JLR) has revealed staggering losses approaching £500 million for its second financial quarter, grappling with what officials describe as the most expensive cyber attack in the nation's history.

Financial Impact and Production Halt

The manufacturer disclosed a pre-tax loss before exceptional items of £485 million for the three months ending 30 September 2025. This represents a dramatic reversal from the £398 million profit achieved during the same period in 2024.

JLR's half-year performance shows a £134 million loss, contrasting sharply with the £1.1 billion profit recorded in the first six months of 2024. Second-quarter revenue fell by 24 per cent to £4.9 billion, while half-year sales dropped 16 per cent to £11.5 billion.

Recovery Efforts and Government Support

Chief executive Adrian Mardell stated that JLR's performance was significantly affected by multiple challenges, including the cyber incident that stopped vehicle production in September and the impact of US tariffs.

"JLR has made strong progress in recovering its operations safely and at pace following the cyber incident," Mardell confirmed. "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 company was forced to suspend production for five weeks from 1 September, with estimates suggesting the shutdown cost the UK economy approximately £1.9 billion. Following the attack, the Government announced a £1.5 billion financial support package for JLR, while the manufacturer arranged a £500 million funding injection for its supply chain.

Broader Economic Consequences

Research from the Cyber Monitoring Centre indicated that approximately 5,000 organisations nationwide felt the ripple effects from the attack. Data from the Society of Motor Manufacturers and Traders showed UK car production declined by 27.1 per cent in September alone.

JLR only partially resumed UK operations in October and isn't expected to fully recover until January 2026. The cyber attack's impact contributed to slower-than-expected growth in the UK economy during the third quarter.

Looking ahead, Mardell highlighted upcoming electric vehicle launches, including the Range Rover Electric and new electric Jaguar, expressing confidence in the company's resilience despite ongoing economic and geopolitical challenges.