adidas revenue and financials
€145.95Change from previous close: +0.55%Absolute change: +€0.80
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 21,064 | 20,454 | 20,262 | 20,147 | 19,499 | 20,091 | 20,655 | 19,605 | 19,620 | 18,392 | 18,020 | 18,720 |
| Current assets | 12,826 | 12,280 | 11,977 | 11,967 | 11,234 | 11,521 | 11,904 | 11,142 | 11,102 | 10,170 | 9,809 | 10,520 |
| Cash and equivalents | 1,159 | 873 | 1,617 | 1,030 | 768 | 1,432 | 2,455 | 1,781 | 1,660 | 1,086 | 1,431 | 954 |
| Short-term investments | 403 | 621 | 23.0 | 669 | 550 | — | 75.0 | — | 71.0 | 3.0 | 48.0 | 32.0 |
| Receivables | 3,732 | 3,680 | 3,385 | 3,641 | 3,281 | 3,240 | 3,148 | 3,088 | 3,003 | 2,758 | 2,902 | 2,838 |
| Inventory | 5,969 | 5,788 | 5,832 | 5,471 | 5,261 | 5,072 | 4,989 | 4,524 | 4,544 | 4,427 | 4,525 | 4,849 |
| Net property, plant and equipment | 4,573 | 4,597 | 4,578 | 4,511 | 4,518 | 4,709 | 4,912 | 4,748 | 4,797 | 4,306 | 4,404 | 4,493 |
| Goodwill | 1,221 | 1,215 | 1,203 | 1,203 | 1,204 | 1,250 | 1,275 | 1,230 | 1,256 | 1,250 | 1,238 | 1,263 |
| Other intangible assets | 436 | 443 | 443 | 430 | 423 | 422 | 426 | 414 | 446 | 448 | 442 | 435 |
| Long-term investments | 378 | 258 | 353 | 360 | 473 | 393 | 340 | 336 | 329 | 319 | 301 | 311 |
| Current liabilities | 9,219 | 9,088 | 9,094 | 9,133 | 8,961 | 8,942 | 9,593 | 8,469 | 8,765 | 8,066 | 8,043 | 8,178 |
| Accounts payable | 2,874 | 2,692 | 2,910 | 2,720 | 2,742 | 2,748 | 3,096 | 2,589 | 2,560 | 2,289 | 3,111 | 2,013 |
| Long-term debt | 2,489 | 1,992 | 1,996 | 1,902 | 1,907 | 1,911 | 1,915 | 2,418 | 2,422 | 2,426 | 2,430 | 2,434 |
| Total debt | 5,978 | 5,952 | 5,556 | 5,429 | 5,475 | — | — | — | — | — | — | — |
| Total liabilities | 14,713 | 14,105 | 14,137 | 14,067 | 13,944 | 14,004 | 14,787 | 14,062 | 14,265 | 13,175 | 13,095 | 13,113 |
| Total equity (incl. minority) | 6,351 | 6,349 | 6,125 | 6,080 | 5,555 | 6,087 | 5,868 | 5,543 | 5,355 | 5,217 | 4,925 | 5,607 |
| Retained earnings | 5,554 | 5,742 | 5,758 | 5,677 | 5,216 | 5,203 | 4,775 | 4,815 | 4,372 | 4,307 | 4,145 | 4,524 |
| Minority interest | 395 | 362 | 349 | 381 | 359 | 377 | 392 | 382 | 366 | 346 | 345 | 403 |