adidas revenue and financials
€146.60Change from previous close: +1.00%Absolute change: +€1.45
In the fiscal year ended December 2025, adidas reported revenue of €24.81B (+4.76% year over year). Net income was €1.34B, a net margin of 5.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.76%
- 2025 vs 2024
- Net income growth
- +75.39%
- 2025 vs 2024
- Net margin
- 5.4%
- 2024: 3.2%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 20,262 | 20,655 | 18,020 | 20,296 | 22,137 |
| Current assets | 11,977 | 11,904 | 9,809 | 11,732 | 13,944 |
| Cash and equivalents | 1,617 | 2,455 | 1,431 | 798 | 3,828 |
| Short-term investments | 23.0 | 75.0 | 48.0 | 78.0 | 71.0 |
| Receivables | 3,385 | 3,148 | 2,902 | 3,533 | 2,977 |
| Inventory | 5,832 | 4,989 | 4,525 | 5,973 | 4,009 |
| Net property, plant and equipment | 4,578 | 4,912 | 4,404 | 4,944 | 4,825 |
| Goodwill | 1,203 | 1,275 | 1,238 | 1,260 | 1,228 |
| Other intangible assets | 443 | 426 | 442 | 429 | 352 |
| Long-term investments | 353 | 340 | 301 | 301 | 290 |
| Current liabilities | 9,094 | 9,593 | 8,043 | 9,257 | 8,965 |
| Accounts payable | 2,910 | 3,096 | 3,111 | 2,908 | 2,294 |
| Long-term debt | 1,996 | 1,915 | 2,430 | 2,946 | 2,466 |
| Total debt | 5,556 | 5,587 | 5,563 | 6,459 | — |
| Total liabilities | 14,137 | 14,787 | 13,095 | 14,945 | 14,300 |
| Total equity (incl. minority) | 6,125 | 5,868 | 4,925 | 5,351 | 7,837 |
| Retained earnings | 5,758 | 4,775 | 4,145 | 4,347 | 6,860 |
| Minority interest | 349 | 392 | 345 | 360 | 318 |