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Explore Adidas
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Compare market positioning with top industry peers
Explore Adidas
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$26.8B / EUR24.8B (FY2025)
Market Cap
$45.6B
Net Income
$1.4B
Employees
59,258
Adidas has executed one of the most remarkable brand turnarounds in the apparel industry under CEO Bjørn Gulden. After the catastrophic financial fallout from the termination of the Kanye West (Yeezy) partnership, Adidas stabilized its balance sheet in 2025 and 2026 by carefully liquidating the remaining Yeezy inventory while donating a portion of the proceeds to anti-hate organizations. The company's financial narrative is now defined by the explosive, high-margin resurgence of its 'terrace' classics—specifically the Samba, Gazelle, and Campus lines. With exactly 59,258 employees and a $45.6 billion market cap Adidas is capturing market share from a stumbling Nike, expanding its wholesale distribution network that had been neglected during the previous direct-to-consumer (DTC) push.
Revenue Trend Analysis
YoY Change
+4.8%
4-Year CAGR
+4%
Peak Year
2025
Trend
Consistent Growth
Adidas AG has reported revenue across 5 fiscal years, compounding at +4% annually over 4 years. The most recent year saw a 4.8% increase versus the prior year. Revenue peaked in 2025 at $26.8B. Out of 4 reported periods, 3 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $26.8B | $1.4B | +4.8% |
| FY2024 | $25.6B | — | +10.5% |
| FY2023 | $23.1B | — | -4.8% |
| FY2022 | $24.3B | — | +6.0% |
| FY2021 | $22.9B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Adidas AG reported approximately $23.1B in fiscal year 2025 with a team of 59,258 employees worldwide.
Adidas AG strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Sportswear and athletic apparel is driven by steady cash generation and pricing power, enabling Adidas AG to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Adidas AG Revenue & Financials." CorpDigest, https://corpdigest.com/company/adidas/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Adidas AG reported $27B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/adidas/financials" target="_blank" rel="noopener">CorpDigest — Adidas AG financials</a></div>