INA-Industrija nafte, d.d. (ZSE:INA)

ZSE:INA Revenue

INA-Industrija nafte, d.d. had revenue of 1.61B EUR in the quarter ending September 30, 2026, with 48.54% growth. This brings the company's total for the last twelve months to 4.75B, up 21.61% year-over-year. In the year 2025, INA-Industrija nafte, d.d. had annual revenue of 3.84B, down -1.06%. That makes INA-Industrija nafte, d.d. the 2,489th largest company in the world by revenue and the largest by revenue in Croatia.

• Revenue (ttm): 4.75B
• Revenue Growth: +21.61%
• P/S Ratio: 1.07
• Revenue / Employee: 509.87K
• Employees: 9,319
• Market Cap: 5.10B

Revenue Chart

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Revenue by Segment

By Segment

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• Refining & Marketing Including Consumer Services and Retail 3.72B 84.1%
• Exploration and Production 530.27M 12.0%
• Corporate and Other 174.82M 3.9%

By Geography

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• Republic of Croatia 2.46B 64.2%
• Bosnia and Herzegovina 510.71M 13.3%
• Malta 121.16M 3.2%
• Slovenia 114.90M 3.0%
• Switzerland 105.22M 2.7%
• Great Britain 90.92M 2.4%
• United Arab Emirates 80.40M 2.1%
• Other 349.79M 9.1%

Fiscal year ended Dec 31, 2025 See the full ZSE:INA breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	3.84B	-41.25M	-1.06%
Dec 31, 2024	3.88B	-20.00M	-0.51%
Dec 31, 2023	3.90B	-764.11M	-16.40%
Dec 31, 2022	4.66B	1.68B	56.36%
Dec 31, 2021	2.98B	1.02B	52.16%

Data Source: S&P Global Market Intelligence Last updated: Oct 30, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 3, 2026

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