Zalando revenue and financials

ZAL · Xetra · EUR

€22.69+1.29%+€0.29

Close · October 7, 2026

In the fiscal year ended December 2025, Zalando reported revenue of €12.35B (+16.78% year over year). Net income was €215.1M, a net margin of 1.7%.

Annual revenue · 2025: €12.35B

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

At a glance

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

Balance sheet · Quarterly
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	8,799	8,712	9,258	8,999	8,129	8,108	7,984	8,043	7,851	7,705	7,790	7,379
Current assets	5,149	4,998	5,488	5,290	5,624	5,595	5,452	5,576	5,340	5,157	5,249	5,070
Cash and equivalents	1,398	1,260	1,877	1,319	2,183	1,959	2,588	2,389	2,566	2,302	2,533	1,902
Short-term investments	66.2	59.6	48.0	118	482	—	89.1	92.9	117	183	85.7	—
Receivables	1,112	956	1,237	982	1,004	933	1,074	934	948	762	1,056	825
Inventory	2,070	2,341	2,105	2,523	1,659	1,911	1,550	1,894	1,444	1,584	1,441	1,938
Net property, plant and equipment	1,901	1,955	1,665	1,998	1,902	1,937	1,597	1,978	2,013	2,044	1,606	1,796
Goodwill	766	766	765	—	—	—	139	—	—	—	137	—
Other intangible assets	885	887	650	1,605	428	403	64.0	401	401	400	73.8	409
Long-term investments	7.0	7.0	50.6	7.0	1.2	1.4	96.3	—	6.9	6.9	38.1	6.9
Current liabilities	4,870	4,585	4,959	4,717	4,064	4,119	3,990	4,203	3,614	3,373	3,526	3,352
Accounts payable	3,676	3,537	3,919	3,646	2,771	2,930	2,745	3,074	2,880	2,674	2,782	2,774
Long-term debt	487	484	481	478	476	473	470	467	865	945	939	934
Total debt	1,370	1,408	1,442	1,440	1,685	—	—	—	—	—	—	—
Total liabilities	6,234	6,014	6,432	6,131	5,337	5,418	5,319	5,537	5,409	5,286	5,417	5,091
Total equity (incl. minority)	2,566	2,698	2,826	2,868	2,791	2,690	2,665	2,506	2,442	2,419	2,373	2,289
Retained earnings	1,263	1,190	1,277	1,183	1,169	1,072	1,062	942	898	802	811	738
Minority interest	—	—	—	34.9	—	—	—	—	—	—	—	—