Zalando SE Balance Sheet

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
Cash & Equivalents	1,877	2,588	2,533	2,025	2,288
Short-Term Investments	-	89.1	85.7	13.5	0.3
Cash & Short-Term Investments	1,877	2,677	2,619	2,038	2,288
Cash Growth	-29.87%	2.21%	28.48%	-10.92%	-13.48%
Accounts Receivable	1,138	593.9	596.6	759.9	727.4
Other Receivables	-	480.4	459.4	482.8	276.7
Receivables	1,138	1,074	1,056	1,243	1,004
Inventory	2,105	1,550	1,441	1,810	1,547
Other Current Assets	367.3	150.7	133.4	193.3	155.9
Total Current Assets	5,488	5,452	5,249	5,284	4,996
Property, Plant & Equipment	2,009	1,597	1,606	1,489	1,235
Long-Term Investments	7	96.3	38.1	35.4	13.5
Goodwill	-	138.7	137.1	136.7	56.4
Other Intangible Assets	892.4	64	73.8	88.5	27.7
Long-Term Accounts Receivable	-	48.5	54	57.6	61.4
Long-Term Deferred Tax Assets	9.3	9	6.4	5.7	11.2
Long-Term Deferred Charges	2.1	149.7	142	114.7	94.8
Other Long-Term Assets	850.7	429.5	483.1	415	401
Total Assets	9,258	7,984	7,790	7,626	6,897
Accounts Payable	3,919	2,745	2,782	2,934	2,437
Accrued Expenses	-	238.7	217.1	205.9	209.2
Current Portion of Long-Term Debt	-	394.1	-	-	-
Current Portion of Leases	173.3	148.8	132.2	129.7	101
Current Income Taxes Payable	43.4	60.7	20.6	24.8	25.2
Current Unearned Revenue	41.7	141.1	117.8	109	99.4
Other Current Liabilities	782.1	261.7	256.5	263.4	225.7
Total Current Liabilities	4,959	3,990	3,526	3,667	3,098
Long-Term Debt	481.2	469.8	939.4	916.9	895
Long-Term Leases	787.1	712.8	780	670.1	579
Long-Term Deferred Tax Liabilities	99.1	41.4	55.1	71	33.5
Other Long-Term Liabilities	105.2	104.4	115.9	102	73.2
Total Liabilities	6,432	5,319	5,417	5,427	4,678
Common Stock	258.2	259.2	260.5	259	258.7
Retained Earnings	1,277	1,062	810.9	727.8	711.1
Comprehensive Income & Other	1,291	1,344	1,302	1,212	1,249
Total Common Equity	2,826	2,665	2,373	2,199	2,219
Minority Interest	-	-	-	-	-0.2
Shareholders' Equity	2,826	2,665	2,373	2,199	2,219
Total Liabilities & Equity	9,258	7,984	7,790	7,626	6,897
Total Debt	1,442	1,726	1,852	1,717	1,575
Net Cash (Debt)	435.8	951.4	767.3	321.6	713.2
Net Cash Growth	-54.19%	23.99%	138.59%	-54.91%	-18.64%
Net Cash Per Share	1.70	3.64	2.93	1.24	2.69
Filing Date Shares Outstanding	260.28	259.2	260.5	258.97	258.72
Total Common Shares Outstanding	260.28	259.2	260.5	258.97	258.72
Working Capital	528.2	1,461	1,723	1,617	1,898
Book Value Per Share	10.86	10.28	9.11	8.49	8.58
Tangible Book Value	1,933	2,463	2,162	1,974	2,135
Tangible Book Value Per Share	7.43	9.50	8.30	7.62	8.25
Land	-	113.9	95.3	77.4	21.9
Machinery	-	1,382	1,252	1,134	946.2

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