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	Jun '26 Jun 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	1,398	1,877	2,588	2,533	2,025	2,288
Short-Term Investments	66.2	48	89.1	85.7	13.5	0.3
Cash & Short-Term Investments	1,464	1,925	2,677	2,619	2,038	2,288
Cash Growth	-32.94%	-28.07%	2.21%	28.48%	-10.92%	-13.48%
Accounts Receivable	695.9	821.2	593.9	596.6	759.9	727.4
Other Receivables	416.2	416	480.4	459.4	482.8	276.7
Receivables	1,112	1,237	1,074	1,056	1,243	1,004
Inventory	2,070	2,105	1,550	1,441	1,810	1,547
Other Current Assets	502.9	219.8	150.7	133.4	193.3	155.9
Total Current Assets	5,149	5,488	5,452	5,249	5,284	4,996
Property, Plant & Equipment	1,901	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	765.9	765.1	138.7	137.1	136.7	56.4
Other Intangible Assets	884.6	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	9.6	9.3	9	6.4	5.7	11.2
Long-Term Deferred Charges	0.6	160.5	149.7	142	114.7	94.8
Other Long-Term Assets	82.4	428.4	429.5	483.1	415	401
Total Assets	8,799	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	Jun '26 Jun 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	3,676	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	-	-	394.1	-	-	-
Current Portion of Leases	186.1	173.3	148.8	132.2	129.7	101
Current Income Taxes Payable	47.3	43.4	60.7	20.6	24.8	25.2
Current Unearned Revenue	62.8	167.6	141.1	117.8	109	99.4
Other Current Liabilities	898	383	261.7	256.5	263.4	225.7
Total Current Liabilities	4,870	4,959	3,990	3,526	3,667	3,098
Long-Term Debt	487	481.2	469.8	939.4	916.9	895
Long-Term Leases	696.5	787.1	712.8	780	670.1	579
Long-Term Deferred Tax Liabilities	86.4	99.1	41.4	55.1	71	33.5
Other Long-Term Liabilities	93.6	105.2	104.4	115.9	102	73.2
Total Liabilities	6,234	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	Jun '26 Jun 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	258.2	259.2	260.5	259	258.7
Retained Earnings	1,263	1,277	1,062	810.9	727.8	711.1
Comprehensive Income & Other	1,057	1,291	1,344	1,302	1,212	1,249
Total Common Equity	2,566	2,826	2,665	2,373	2,199	2,219
Minority Interest	-	-	-	-	-	-0.2
Shareholders' Equity	2,566	2,826	2,665	2,373	2,199	2,219
Total Liabilities & Equity	8,799	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	Jun '26 Jun 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	1,370	1,442	1,726	1,852	1,717	1,575
Net Cash (Debt)	94.4	483.8	951.4	767.3	321.6	713.2
Net Cash Growth	-81.05%	-49.15%	23.99%	138.59%	-54.91%	-18.64%
Net Cash Per Share	0.37	1.84	3.64	2.93	1.24	2.69
Filing Date Shares Outstanding	249	259.8	259.2	260.5	258.97	258.72
Total Common Shares Outstanding	249	259.8	259.2	260.5	258.97	258.72
Working Capital	278.7	528.2	1,461	1,723	1,617	1,898
Book Value Per Share	10.30	10.88	10.28	9.11	8.49	8.58
Tangible Book Value	915.3	1,411	2,463	2,162	1,974	2,135
Tangible Book Value Per Share	3.68	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