Cadeler revenue and financials
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In the fiscal year ended December 2025, Cadeler reported revenue of €620.35M (+149.40% year over year). Net income was €280.18M, a net margin of 45.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +149.40%
- 2025 vs 2024
- Net income growth
- +330.60%
- 2025 vs 2024
- Net margin
- 45.2%
- 2024: 26.2%
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 |
|---|---|---|---|---|---|---|
| Total assets | 3,544 | 3,536 | 3,417 | 3,056 | 2,769 | — |
| Current assets | 450 | 426 | 390 | 396 | 353 | — |
| Cash and equivalents | 206 | 221 | 152 | 218 | 53.0 | — |
| Receivables | 218 | 185 | 221 | 157 | 266 | — |
| Inventory | 4.2 | 3.8 | 3.5 | 2.9 | 2.3 | — |
| Net property, plant and equipment | 3,018 | 3,029 | 2,950 | 2,639 | 2,396 | — |
| Goodwill | — | — | 17.8 | — | — | — |
| Other intangible assets | — | — | 1.7 | — | — | — |
| Current liabilities | 277 | 326 | 351 | 371 | 358 | — |
| Accounts payable | 69.4 | 77.0 | 22.4 | 46.5 | 52.2 | — |
| Long-term debt | 1,460 | 1,457 | 1,495 | 1,181 | 994 | — |
| Total debt | 1,606 | 1,595 | 1,624 | 1,433 | 1,210 | — |
| Total liabilities | 1,770 | 1,854 | 1,913 | 1,610 | 1,399 | — |
| Total equity (incl. minority) | 1,774 | 1,682 | 1,504 | 1,446 | 1,371 | — |
| Retained earnings | 431 | 335 | 342 | 293 | 228 | — |