adidas revenue and financials
€145.15Change from previous close: +2.00%Absolute change: +€2.85
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 revenue | 24,811 | 23,683 | 21,427 | 22,511 | 21,234 |
| Cost of revenue | 12,006 | 11,658 | 11,244 | 11,867 | 10,469 |
| Gross profit | 12,805 | 12,025 | 10,183 | 10,644 | 10,765 |
| Selling, general and administrative | 10,841 | 10,915 | 9,914 | 10,015 | 8,810 |
| Operating income | 2,052 | 1,250 | 280 | 682 | 1,995 |
| EBIT | 2,052 | 1,250 | 280 | 682 | 1,995 |
| EBITDA | 2,534 | 1,780 | 785 | 1,213 | 2,512 |
| Interest expense | 228 | 221 | 160 | 137 | 111 |
| Pre-tax income | 1,820 | 1,121 | 66.0 | 388 | 1,852 |
| Income tax | 443 | 297 | 124 | 134 | 360 |
| Net income | 1,340 | 764 | -75.0 | 612 | 2,116 |
| Net income to common shareholders | 1,340 | 764 | -75.0 | 612 | 2,116 |
| Basic EPS | 7.50 | 4.28 | -0.42 | 3.34 | 10.90 |
| Diluted EPS | 7.50 | 4.28 | -0.42 | 3.34 | 10.90 |
| Average shares (basic) | 179 | 179 | 179 | 183 | 194 |
| Average shares (diluted) | 179 | 179 | 179 | 183 | 194 |
| Dividend per share | 2.80 | 2.00 | 0.70 | 0.70 | 3.30 |