Adidas

: Surged 54% to €2,056 million , representing an 8.3% operating margin.

: A 40% increase to €2.80 per share has been proposed for the May 2026 Annual General Meeting. Market & Product Highlights

: Grew 12%, fueled by high demand in Running, Training, and Basketball. adidas

: Improved to 51.6% , driven by lower freight costs and a focus on full-price sales.

: Greater China led growth at 13%, while Latin America (+22%) and Emerging Markets (+17%) saw even faster expansion. : Surged 54% to €2,056 million , representing an 8

: Ongoing challenges include potential US tariffs, unfavorable currency developments, and intense competition in the global sportswear market. Dashboard - adidas Annual Report 2025

: adidas expects high-single-digit currency-neutral revenue growth and an operating profit of approximately €2.3 billion . : Improved to 51

The adidas Annual Report 2025 highlights a year of record revenues and strong recovery, with net sales reaching , a 13% currency-neutral growth for the brand . Under CEO Bjørn Gulden, the company has transitioned past the Yeezy era, reporting double-digit growth across all markets and channels in the 2025 financial year. Financial Performance (FY 2025) Net Sales : Increased 5% in Euro terms to €24,811 million .