Vestas Wind Systems A/S (CPH:VWS)

Revenue

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Power Solutions Revenue	15.05B	13.60B
Power Solutions Revenue Growth	10.69%	15.10%
Service Revenue	3.77B	3.70B
Service Revenue Growth	1.98%	3.62%

Revenue by Geography

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
USA Revenue	4.44B	3.46B
USA Revenue Growth	28.44%	12.50%
Denmark Revenue	440.00M	347.00M
Denmark Revenue Growth	26.80%	-26.64%
Other Countries Revenue	13.94B	13.49B
Other Countries Revenue Growth	3.34%	13.98%

EBIT

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Power Solutions EBIT	783.00M	719.00M
Power Solutions EBIT Growth	8.90%	-
Service EBIT	617.00M	448.00M
Service EBIT Growth	37.72%	-40.27%
Unallocated EBIT	-385.00M	-373.00M

Key Performance Indicators

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Power Solutions Order Backlog	33.20B	31.60B
Power Solutions Order Backlog Growth	5.06%	21.54%
Service Order Backlog	38.70B	36.80B
Service Order Backlog Growth	5.16%	7.92%
Total Order Backlog	71.90B	68.40B
Total Order Backlog Growth	5.12%	13.81%
Onshore Deliveries (MW)	12.56K	11.55K
Onshore Deliveries (MW) Growth	8.76%	-1.04%
Offshore Deliveries (MW)	1.98K	1.35K
Offshore Deliveries (MW) Growth	46.23%	33.20%
Total Deliveries (MW)	14.54K	12.90K
Total Deliveries (MW) Growth	12.69%	1.70%
Onshore Order Intake (MW)	13.73K	12.25K
Onshore Order Intake (MW) Growth	12.02%	-19.74%
Offshore Order Intake (MW)	2.57K	4.59K
Offshore Order Intake (MW) Growth	-44.12%	47.21%
Total Order Intake (MW)	16.29K	16.84K
Total Order Intake (MW) Growth	-3.28%	-8.39%
Order Intake	17.40B	19.20B
Order Intake Growth	-9.38%	3.78%
Onshore Order Backlog (GW)	23.10	21.70
Onshore Order Backlog (GW) Growth	6.45%	3.33%
Offshore Order Backlog (GW)	10.10	7.50
Offshore Order Backlog (GW) Growth	34.67%	74.42%
Wind Turbines Order Backlog (MW)	31.03K	29.24K
Wind Turbines Order Backlog (MW) Growth	6.10%	15.51%
Produced and Shipped Wind Turbines (MW)	13.37K	13.20K
Produced and Shipped Wind Turbines (MW) Growth	1.33%	13.13%
Produced and Shipped Wind Turbines (Number)	2.74K	2.84K
Produced and Shipped Wind Turbines (Number) Growth	-3.52%	11.08%

Updated Dec 31, 2025. Data Source: Fiscal.ai.