Zalando SE Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,346	10,573	10,143	10,345	10,354
Revenue Growth (YoY)	16.78%	4.23%	-1.95%	-0.09%	29.72%
Cost of Revenue	7,422	6,271	6,213	6,289	6,028
Gross Profit	4,924	4,302	3,930	4,056	4,326
Selling, General & Admin	4,509	3,911	3,702	3,988	3,923
Other Operating Expenses	28	-0.8	5.5	-13	-21.3
Operating Expenses	4,537	3,910	3,707	3,975	3,902
Operating Income	387.2	391.9	223.3	81	424.8
Interest Expense	-28.8	-93.4	-85.6	-62.7	-59.3
Interest & Investment Income	-	75.7	46.5	8.6	4.2
Currency Exchange Gain (Loss)	-	-8.7	7	13.1	-13.4
Other Non Operating Income (Expenses)	-	2.5	-5.9	-1.2	-2.1
EBT Excluding Unusual Items	358.4	368	185.3	38.8	354.2
Merger & Restructuring Charges	-	-	-32.4	-	-
Pretax Income	358.4	368	152.9	38.8	354.2
Income Tax Expense	145.7	116.9	69.9	22	119.7
Earnings From Continuing Operations	212.7	251.1	83	16.8	234.5
Net Income	212.7	251.1	83	16.8	234.5
Net Income to Common	212.7	251.1	83	16.8	234.5
Net Income Growth	-15.29%	202.53%	394.05%	-92.84%	3.72%
Shares Outstanding (Basic)	256	259	260	258	258
Shares Outstanding (Diluted)	256	262	262	260	265
Shares Change (YoY)	-2.08%	-0.08%	0.85%	-2.00%	1.34%
EPS (Basic)	0.83	0.97	0.32	0.07	0.91
EPS (Diluted)	0.83	0.96	0.32	0.06	0.88
EPS Growth	-13.54%	200.38%	432.66%	-93.18%	2.33%
Free Cash Flow	1,028	533.5	759	185.4	375.8
Free Cash Flow Per Share	4.01	2.04	2.90	0.71	1.42
Gross Margin	39.88%	40.69%	38.75%	39.20%	41.78%
Operating Margin	3.14%	3.71%	2.20%	0.78%	4.10%
Profit Margin	1.72%	2.38%	0.82%	0.16%	2.27%
Free Cash Flow Margin	8.33%	5.05%	7.48%	1.79%	3.63%
EBITDA	792.1	534.9	363.6	204.5	513.9
EBITDA Margin	6.42%	5.06%	3.58%	1.98%	4.96%
D&A For EBITDA	404.9	143	140.3	123.5	89.1
EBIT	387.2	391.9	223.3	81	424.8
EBIT Margin	3.14%	3.71%	2.20%	0.78%	4.10%
Effective Tax Rate	40.65%	31.77%	45.72%	56.70%	33.79%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.