Adidas AG
Explore Adidas
Core profile pages, annual revenue records, and related research hubs for this company.
Adidas AG
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
$36.9B
Net Income
$1.4B
Employees
64,938
Adidas reported FY2025 net sales of EUR24.811 billion, operating profit of EUR2.056 billion, and net income attributable to shareholders of EUR1.340 billion. Q1 2026 net sales reached EUR6.592 billion, up 14% currency-neutral, showing the recovery continued after remaining Yeezy inventory was sold in 2024.
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 is the second-largest sportswear manufacturer in the world (behind Nike), consistently generating over €21 billion in annual revenue.
When Adidas terminated its partnership with Kanye West in 2022, it was left with over €1 billion in unsold Yeezy inventory, resulting in massive write-downs and the company's first annual loss in over 30 years.
Footwear gross margins are typically strong (around 47-50%), but operating margins were severely squeezed by the Yeezy fallout, excess inventory markdowns, and inflation in 2023.
Yes, Adidas traditionally pays an annual dividend, though it significantly slashed the payout during the 2023 financial crisis to preserve cash flow.
Under new CEO Bjørn Gulden, Adidas is recovering by slowly selling off the remaining Yeezy inventory (donating a portion to charity) and riding a massive viral sales boom of its classic 'Samba' and 'Gazelle' sneakers.
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>