Home Centre vs IKEA: Revenue, Profit and Business Model
Home Centre does not publish annual revenue. IKEA reported ~$50.4B of revenue in FY2025 and — of net income.
Latest financial snapshot
Home Centre
Home Centre does not publish annual revenue or profit.
IKEA
- Latest revenue
- ~$50.4B (FY2025)
- Net income
- —
- Net margin
- 0.0%
- Revenue growth
- +0.0% a year, FY2022–FY2025
Financial summary
Home Centre
Home Centre is a private brand inside Landmark Group and does not report revenue or profit on its own. Its Indian business is part of Lifestyle International Pvt Ltd, which also runs Lifestyle department stores and Max Fashion. That company reported revenue of about Rs 12,031 crore for FY2024-25 (year to March 2025), up 6%, with net profit up 42% to about Rs 415 crore, according to Economic Times. Those numbers cover all of Lifestyle International's formats, not Home Centre alone.
IKEA
IKEA has no single consolidated income statement. Total IKEA retail sales across all franchisees were ~$50.4 billion (EUR 44.6 billion) in FY2025 (year to 31 August 2025), down from ~$51 billion (EUR 45.1 billion) in FY2024 and ~$53.8 billion (EUR 47.6 billion) in FY2023. Ingka Group, the largest retailer, reported ~$46.9 billion (EUR 41.5 billion) revenue, IKEA Retail sales of ~$44.1 billion (EUR 39 billion) (-1.6%), operating income of ~$1.69 billion (EUR 1.5 billion), and net profit of ~$1.58 billion (EUR 1.4 billion) (FY2024: ~$904 million (EUR 0.8 billion)), reinvesting 85% and paying 15% to its owner. Inter IKEA Group, the franchisor and wholesaler, reported ~$29.7 billion (EUR 26.3 billion) total revenue, including ~$1.49 billion (EUR 1.32 billion) in 3% franchise fees, and net income of ~$1.69 billion (EUR 1.5 billion) (FY2024: ~$2.49 billion (EUR 2.2 billion)).
Revenue and profit by year
Home Centre
Home Centre does not publish annual revenue. What is known about its finances is in the summary above.
Full Home Centre financialsWhere the revenue comes from
Home Centre
No segment breakdown is published.
IKEA
- Products sold through stores69%
Furniture, home goods, food, and services sold through IKEA stores and physical sales locations.
- Products sold online28%
E-commerce orders and online-assisted retail sales across IKEA markets.
- Services to customers3%
Delivery, planning, assembly, and other customer services.
Business model and strategy
Home Centre
How it makes money
Home Centre makes money by selling furniture and home products at retail. It does not run its own factories: Landmark Group's buying teams design collections in-house and source them from contract manufacturers, then sell them through large-format mall and standalone stores, online stores and apps, with delivery and assembly.
Growth strategy
The growth plan has four parts: more in-house design to set the range apart, omnichannel retail linking stores with homecentre.com and the apps, store redesigns around complete room concepts, and selective new stores in India and the Gulf. In India, management has said it wants disciplined, profitable expansion rather than store count for its own sake.
Competitive advantage
Home Centre has three advantages: three decades of brand recognition in the Gulf, a store network of more than 120 locations, and Landmark Group's scale in sourcing, mall leasing, logistics and the Shukran loyalty base. Its in-house design team creates ranges aimed at regional homes, such as Ramadan capsule collections, at mid-market prices. Delivery and assembly are part of the offer.
IKEA
How it makes money
IKEA operates a large, highly vertically integrated B2C Retail model. They completely control their supply chain, from owning large forests in Eastern Europe to operating the large, well-known blue-and-yellow 'maze' retail stores.
Growth strategy
IKEA is growing through more and smaller customer meeting points (city stores, plan-and-order points, pick-up locations), stronger online sales (28% of FY2025 retail sales), and services. Ingka spent ~$3.84 billion (EUR 3.4 billion) in FY2025 capex, fully acquired Ikano Bank to offer integrated financing, and expanded in markets such as India, where it operates large stores and city formats.
Competitive advantage
IKEA's advantage is cost control across the whole chain: products are designed to a target price, packed flat to cut freight and storage costs, and sold in very high volumes through a single global range. Inter IKEA designs and supplies the range to every franchisee, so purchasing scale is pooled across about $50.4 billion (EUR 44.6 billion) of annual retail sales.
Questions about Home Centre vs IKEA
Which company has higher revenue — Home Centre or IKEA Group (INGKA Holding B.V.)?
IKEA Group (INGKA Holding B.V.) reported ~$50.4B (FY2025). A verified revenue figure for Home Centre was not available at the time of this comparison.
Which is more financially efficient — Home Centre or IKEA Group (INGKA Holding B.V.)?
IKEA Group (INGKA Holding B.V.) generates $227k / employee in revenue per employee. A comparable figure for Home Centre requires matching employee and revenue data from the same reporting period.
How do Home Centre and IKEA Group (INGKA Holding B.V.) make money?
Home Centre and IKEA Group (INGKA Holding B.V.) generate revenue in fundamentally different ways. Home Centre: Home Centre makes money by selling furniture and home products at retail. IKEA Group (INGKA Holding B.V.): IKEA operates a large, highly vertically integrated B2C Retail model.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Home Centre vs IKEA overview