Zalando SE Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1,260	1,877	2,588	2,533	2,025	2,288
Short-Term Investments	-	48	89.1	85.7	13.5	0.3
Cash & Short-Term Investments	1,260	1,925	2,677	2,619	2,038	2,288
Cash Growth	-35.71%	-28.07%	2.21%	28.48%	-10.92%	-13.48%
Accounts Receivable	955.8	821.2	593.9	596.6	759.9	727.4
Other Receivables	-	416	480.4	459.4	482.8	276.7
Receivables	955.8	1,237	1,074	1,056	1,243	1,004
Inventory	2,341	2,105	1,550	1,441	1,810	1,547
Other Current Assets	441.1	219.8	150.7	133.4	193.3	155.9
Total Current Assets	4,998	5,488	5,452	5,249	5,284	4,996
Property, Plant & Equipment	1,955	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	765.7	765.1	138.7	137.1	136.7	56.4
Other Intangible Assets	887	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	12.5	9.3	9	6.4	5.7	11.2
Long-Term Deferred Charges	1.4	160.5	149.7	142	114.7	94.8
Other Long-Term Assets	84.6	428.4	429.5	483.1	415	401
Total Assets	8,712	9,258	7,984	7,790	7,626	6,897
Accounts Payable	3,537	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	175.5	173.3	148.8	132.2	129.7	101
Current Income Taxes Payable	42	43.4	60.7	20.6	24.8	25.2
Current Unearned Revenue	49.2	167.6	141.1	117.8	109	99.4
Other Current Liabilities	781.6	383	261.7	256.5	263.4	225.7
Total Current Liabilities	4,585	4,959	3,990	3,526	3,667	3,098
Long-Term Debt	484.1	481.2	469.8	939.4	916.9	895
Long-Term Leases	748	787.1	712.8	780	670.1	579
Long-Term Deferred Tax Liabilities	82.8	99.1	41.4	55.1	71	33.5
Other Long-Term Liabilities	113.5	105.2	104.4	115.9	102	73.2
Total Liabilities	6,014	6,432	5,319	5,417	5,427	4,678
Common Stock	256.1	258.2	259.2	260.5	259	258.7
Retained Earnings	1,190	1,277	1,062	810.9	727.8	711.1
Comprehensive Income & Other	1,252	1,291	1,344	1,302	1,212	1,249
Total Common Equity	2,698	2,826	2,665	2,373	2,199	2,219
Minority Interest	-	-	-	-	-	-0.2
Shareholders' Equity	2,698	2,826	2,665	2,373	2,199	2,219
Total Liabilities & Equity	8,712	9,258	7,984	7,790	7,626	6,897
Total Debt	1,408	1,442	1,726	1,852	1,717	1,575
Net Cash (Debt)	-147.9	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	-0.56	1.84	3.64	2.93	1.24	2.69
Filing Date Shares Outstanding	257.65	259.8	259.2	260.5	258.97	258.72
Total Common Shares Outstanding	257.65	259.8	259.2	260.5	258.97	258.72
Working Capital	412.6	528.2	1,461	1,723	1,617	1,898
Book Value Per Share	10.47	10.88	10.28	9.11	8.49	8.58
Tangible Book Value	1,045	1,411	2,463	2,162	1,974	2,135
Tangible Book Value Per Share	4.06	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

Source: S&P Global Market Intelligence. Standard template. Financial Sources.