Vestas Wind Systems A/S (CPH:VWS)

Revenue

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

Fiscal Year	TTM	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	Mar 31, 2026	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	15.64B	15.05B	13.60B
Power Solutions Revenue Growth	3.87%	10.69%	15.10%
Service Revenue	3.69B	3.77B	3.70B
Service Revenue Growth	-2.25%	1.98%	3.62%
Revenue (Total)	-	18.82B	17.30B
Revenue (Total) Growth	-	8.83%	12.44%

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%
Revenue (Total)	18.82B	17.30B
Revenue (Total) Growth	8.83%	12.44%

EBIT

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

Fiscal Year	TTM	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	Mar 31, 2026	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	896.00M	783.00M	719.00M
Power Solutions EBIT Growth	14.43%	8.90%	-
Service EBIT	583.00M	617.00M	448.00M
Service EBIT Growth	-5.51%	37.72%	-40.27%
Unallocated EBIT	-392.00M	-385.00M	-373.00M
Operating Income (Total)	-	1.02B	794.00M
Operating Income (Total) Growth	-	27.83%	171.92%

Key Performance Indicators

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

Fiscal Year	TTM	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	Mar 31, 2026	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	36.30B	33.20B	31.60B
Power Solutions Order Backlog Growth	9.34%	5.06%	21.54%
Service Order Backlog	39.80B	38.70B	36.80B
Service Order Backlog Growth	2.84%	5.16%	7.92%
Total Order Backlog	76.10B	71.90B	68.40B
Total Order Backlog Growth	5.84%	5.12%	13.81%
Onshore Deliveries (MW)	12.46K	12.56K	11.55K
Onshore Deliveries (MW) Growth	-0.79%	8.76%	-1.04%
Offshore Deliveries (MW)	2.53K	1.98K	1.35K
Offshore Deliveries (MW) Growth	27.77%	46.23%	33.20%
Total Deliveries (MW)	14.99K	14.54K	12.90K
Total Deliveries (MW) Growth	3.10%	12.69%	1.70%
Onshore Order Intake (MW)	13.85K	13.73K	12.25K
Onshore Order Intake (MW) Growth	0.90%	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)	17.66K	16.29K	16.84K
Total Order Intake (MW) Growth	8.40%	-3.28%	-8.39%
Order Intake	18.70B	17.40B	19.20B
Order Intake Growth	7.47%	-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)	32.72K	31.03K	29.24K
Wind Turbines Order Backlog (MW) Growth	5.45%	6.10%	15.51%
Produced and Shipped Wind Turbines (MW)	13.46K	13.37K	13.20K
Produced and Shipped Wind Turbines (MW) Growth	0.63%	1.33%	13.13%
Produced and Shipped Wind Turbines (Number)	2.65K	2.74K	2.84K
Produced and Shipped Wind Turbines (Number) Growth	-3.14%	-3.52%	11.08%

Updated Mar 31, 2026. Data Source: Fiscal.ai.