Pandora revenue and financials

PNDORA · Nasdaq Copenhagen · DKK

kr 787.40Change from previous close: +0.54%Absolute change: +kr 4.20

Close · October 7, 2026

In the fiscal year ended December 2025, Pandora reported revenue of kr 32.55B (+2.74% year over year). Net income was kr 5.24B, a net margin of 16.1%.

Annual revenue · 2025: kr 32.55B
  1. kr 26.46B2022
  2. kr 28.14B2023
  3. kr 31.68B2024
  4. kr 32.55B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+2.74%
2025 vs 2024
Net income growth
+0.27%
2025 vs 2024
Net margin
16.1%
2024: 16.5%

Financial data

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

Cash flow · Annual
Item20252024202320222021
Operating cash flow7,3618,7217,3844,434—
Depreciation and amortization2,5862,3532,0791,973—
Capital expenditure-1,911-1,679-1,488-1,191—
Investing cash flow-2,286-1,889-1,800-1,785—
Dividends paid-1,567-1,471-1,412-1,514—
Share repurchases-4,384-4,013-5,022-3,527—
Debt issued1,2003,6745,9274,994—
Debt repaid-108-2,729-3,321-1,985—
Effect of exchange rates-65.0-11.0-61.04.0—
Net change in cash-1,0441,131649-451—
Free cash flow5,4507,0425,8963,243—