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Hermès International

Financial Performance

Hermès Revenue & Financials

Revenue

~$18.1B (FY2025)

Market Cap

$162B

Net Income

~$5.1B

Employees

27,107

What is Hermès's revenue?

Hermès had ~$18.1B in revenue for fiscal year 2025, up 5.5% from 2024. Net income was ~$5.1B.

Latest revenue
~$18.1B (FY2025)
Year-over-year
+5.5%
Growth rate (CAGR)
13.3% over 9 years
Peak revenue
~$18.1B (FY2025)
Years of data
10
Employees
27,107
How much profit does Hermès make?
Hermès reported net income of ~$5.1B for fiscal year 2025. finance.hermes.com
How many employees does Hermès have?
Hermès has about 27,107 employees.

Financial Analysis

Hermès grew revenue from ~$10.1B (€8.98B) in 2021 to ~$18.1B (€16.0B) in 2025. In 2025 sales rose 5.5% reported and 8.9% at constant currency, recurring operating income reached ~$7.42B (€6.57B) (41.0% of sales) and net profit was ~$5.11B (€4.52B), held back by France's exceptional surtax on large companies (~$5.49B (€4.86B) adjusted). The balance sheet carries a restated net cash position of ~$14.5B (€12.8B) at end-2025 and no meaningful debt. In H1 2026 revenue was ~$9.22B (€8.16B) (+6.1% constant currency, +1.6% reported) with a 41.0% margin, but Q2 growth slightly missed forecasts and the shares fell roughly 37% in 2026 amid weak Chinese demand. Hermès is revered for its extreme exclusivity and craftsmanship, commanding a massive market valuation often exceeding $200 billion.

Revenue Trend Analysis

YoY Change

+5.5%

9-Year CAGR

+13.3%

Peak Year

2025

Trend

Consistent Growth

Hermès International has 10 full fiscal year figures on this page, compounding at +13.3% annually over 9 years. The most recent year saw a 5.5% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$18.1B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.

Annual revenue history

Fiscal YearRevenueNet IncomeYoY ChangeSource
FY2025~$18.1B~$5.1B+5.5%Hermès 2025 full-year results press release (12 Feb 2026)

Fiscal year ended 2025-12-31. Revenue up 5.5% reported, 8.9% at constant currency. Net profit includes France exceptional surtax; ~$5.49B (€4.86B) adjusted.

FY2024~$17.1B~$5.2B+13.0%Hermes (EPA:RMS) annual reports, as compiled by S&P Global (via StockAnalysis)

Fiscal year ended 2024-12-31.

FY2023~$15.2B~$4.9B+15.7%Hermes (EPA:RMS) annual reports, as compiled by S&P Global (via StockAnalysis)

Fiscal year ended 2023-12-31.

FY2022~$13.1B~$3.8B+29.2%Hermes (EPA:RMS) annual reports, as compiled by S&P Global (via StockAnalysis)

Fiscal year ended 2022-12-31.

FY2021~$10.1B~$2.8B+40.6%Hermes (EPA:RMS) annual reports, as compiled by S&P Global (via StockAnalysis)

Fiscal year ended 2021-12-31.

FY2020~$7.2B—-4.4%Wikidata total revenue statement, citing the linked document
FY2019~$7.6B—+12.0%Wikidata total revenue statement, citing the linked document
FY2018~$6.7B—+7.5%Wikidata total revenue statement, citing the linked document
FY2017~$6.3B—+6.7%Wikidata total revenue statement, citing the linked document
FY2016~$5.9B——Wikidata total revenue statement, citing the linked document

Click any row to see year details.

Keep researching Hermès

Hermès Revenue and Financial FAQ

What was Hermès revenue and profit in 2025?

Revenue was ~$18.1B (€16.002B) (+5.5% reported, +8.9% constant currency), recurring operating income ~$7.42B (€6.57B) (41.0%) and net profit ~$5.11B (€4.52B), or ~$5.49B (€4.86B) excluding France's exceptional surtax.

Who owns Hermès International?

The Hermès family controls about two-thirds of the capital, with holding company H51 owning just over half of the shares.

How much cash does Hermès have?

Hermès had a restated net cash position of ~$14.5B (€12.8B) at end-2025 and ~$14.6B (€12.9B) at end-June 2026, with negligible borrowings.

What dividend does Hermès pay?

Hermès proposed a dividend of €18.00 per share for 2025, including a €5.00 interim paid in February 2026.

How much does Hermès invest each year?

Operating investments were ~$1.31B (€1.16B) in 2025, mainly for new leather workshops, production sites and stores.

Which region is largest for Hermès?

Asia excluding Japan, at ~$7.57B (€6.70B) in 2025, followed by the Americas (~$3.48B (€3.08B)), Europe excluding France (~$2.67B (€2.36B)), Japan (~$1.8B (€1.59B)) and France (~$1.79B (€1.58B)).

Is Hermès profitable?

Incredibly so. Hermès commands the absolute highest profit margins in the entire global luxury sector (often exceeding 40% operating margin). Because they manufacture almost entirely in France using extreme artisanal labor, and they absolutely never discount their products or sell through wholesale department stores, they retain massive pricing power.

Cite or embed this data

Using these figures? Please credit CorpDigest with a link.

Cite this page
CorpDigest. "Hermès Revenue & Financials." CorpDigest, https://corpdigest.com/company/hermes/financials.
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<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>Hermès reported ~$18.1B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/hermes/financials" target="_blank" rel="noopener">CorpDigest — Hermès financials</a></div>

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.