Zalando SE Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	1,217	1,877	2,588	2,533	2,025	2,288
Short-Term Investments	77.9	48	89.1	85.7	13.5	0.3
Cash & Short-Term Investments	1,295	1,925	2,677	2,619	2,038	2,288
Cash Growth	-1.86%	-28.07%	2.21%	28.48%	-10.92%	-13.48%
Accounts Receivable	1,035	821.2	593.9	596.6	759.9	727.4
Other Receivables	-	416	480.4	459.4	482.8	276.7
Receivables	1,035	1,237	1,074	1,056	1,243	1,004
Inventory	2,515	2,105	1,550	1,441	1,810	1,547
Other Current Assets	567.6	219.8	150.7	133.4	193.3	155.9
Total Current Assets	5,412	5,488	5,452	5,249	5,284	4,996
Property, Plant & Equipment	1,828	1,665	1,597	1,606	1,489	1,235
Long-Term Investments	7	50.6	96.3	38.1	35.4	13.5
Goodwill	765.8	765.1	138.7	137.1	136.7	56.4
Other Intangible Assets	879	649.6	64	73.8	88.5	27.7
Long-Term Accounts Receivable	-	42.2	48.5	54	57.6	61.4
Long-Term Deferred Tax Assets	10	9.3	9	6.4	5.7	11.2
Long-Term Deferred Charges	0.4	160.5	149.7	142	114.7	94.8
Other Long-Term Assets	93.2	428.4	429.5	483.1	415	401
Total Assets	8,996	9,258	7,984	7,790	7,626	6,897

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	3,974	3,919	2,745	2,782	2,934	2,437
Accrued Expenses	-	273.2	238.7	217.1	205.9	209.2
Current Portion of Long-Term Debt	489.9	-	394.1	-	-	-
Current Portion of Leases	173.2	173.3	148.8	132.2	129.7	101
Current Income Taxes Payable	51.1	43.4	60.7	20.6	24.8	25.2
Current Unearned Revenue	53.7	167.6	141.1	117.8	109	99.4
Other Current Liabilities	828.3	383	261.7	256.5	263.4	225.7
Total Current Liabilities	5,570	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	678.4	787.1	712.8	780	670.1	579
Long-Term Deferred Tax Liabilities	91.4	99.1	41.4	55.1	71	33.5
Other Long-Term Liabilities	87.9	105.2	104.4	115.9	102	73.2
Total Liabilities	6,428	6,432	5,319	5,417	5,427	4,678

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	246.6	258.2	259.2	260.5	259	258.7
Retained Earnings	1,245	1,277	1,062	810.9	727.8	711.1
Comprehensive Income & Other	1,076	1,291	1,344	1,302	1,212	1,249
Total Common Equity	2,568	2,826	2,665	2,373	2,199	2,219
Minority Interest	-	-	-	-	-	-0.2
Shareholders' Equity	2,568	2,826	2,665	2,373	2,199	2,219
Total Liabilities & Equity	8,996	9,258	7,984	7,790	7,626	6,897

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	1,342	1,442	1,726	1,852	1,717	1,575
Net Cash (Debt)	-46.7	483.8	951.4	767.3	321.6	713.2
Net Cash Growth	-	-49.15%	23.99%	138.59%	-54.91%	-18.64%
Net Cash Per Share	-0.19	1.84	3.64	2.93	1.24	2.69
Filing Date Shares Outstanding	257.14	259.8	259.2	260.5	258.97	258.72
Total Common Shares Outstanding	257.14	259.8	259.2	260.5	258.97	258.72
Working Capital	-158	528.2	1,461	1,723	1,617	1,898
Book Value Per Share	9.99	10.88	10.28	9.11	8.49	8.58
Tangible Book Value	923.1	1,411	2,463	2,162	1,974	2,135
Tangible Book Value Per Share	3.59	5.43	9.50	8.30	7.62	8.25
Land	-	120.1	113.9	95.3	77.4	21.9
Machinery	-	1,511	1,382	1,252	1,134	946.2