Hermès International

RMS · Euronext Paris · EUR

€1,299.50−0.15%−€2.00

Close · October 2, 2026

At a glance

Revenue growth: +5.48%; 2025 vs 2024
Net income growth: −1.72%; 2025 vs 2024
Net margin: 28.3%; 2024: 30.3%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q4 2025	Q2 2025	Q4 2024	Q2 2024	Q4 2023	Q2 2023	Q4 2022	Q2 2022	Q4 2021
Total revenue	8,163	7,968	8,034	7,666	7,504	6,729	6,698	6,127	5,475	4,747
Cost of revenue	2,356	2,267	2,356	2,305	2,206	1,857	1,863	1,803	1,586	1,373
Gross profit	5,807	5,701	5,678	5,361	5,298	4,872	4,835	4,324	3,889	3,374
Selling, general and administrative	1,899	1,872	1,832	1,887	1,682	1,684	1,485	1,502	1,178	1,202
Operating income	3,448	3,299	3,397	3,070	3,161	2,786	2,969	2,444	2,376	1,833
EBIT	3,448	3,299	3,397	3,070	3,161	2,786	2,969	2,444	2,376	1,833
EBITDA	3,633	3,475	3,618	3,191	3,367	2,890	3,154	2,550	2,536	1,918
Interest expense	29.0	29.0	26.0	30.0	29.0	28.0	28.0	26.0	19.0	15.0
Pre-tax income	3,464	3,322	3,501	3,171	3,305	2,881	3,065	2,391	2,294	1,780
Income tax	1,217	1,033	1,230	918	927	792	831	658	647	504
Net income	2,238	2,278	2,246	2,235	2,368	2,085	2,226	1,726	1,641	1,271
Net income to common shareholders	2,238	2,278	2,246	2,235	2,368	2,085	2,226	1,726	1,641	1,271
Basic EPS	21.36	21.73	21.42	21.32	22.61	19.90	21.29	16.51	15.69	12.15
Diluted EPS	21.32	21.68	21.39	21.29	22.58	19.86	21.26	16.45	15.64	12.11
Average shares (basic)	105	105	105	105	105	105	105	105	105	105
Average shares (diluted)	105	105	105	105	105	105	105	105	105	105
Dividend per share	—	13.00	5.00	12.50	3.50	11.50	3.50	9.50	3.50	5.50