Ermenegildo Zegna Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,914	1,947	1,905	1,493	1,292	1,015
Revenue Growth (YoY)	-2.42%	2.21%	27.58%	15.51%	27.36%	-23.20%
Cost of Revenue	629.07	650.09	680.24	564.83	495.7	-
Gross Profit	1,285	1,297	1,224	928.01	796.7	1,015
Selling, General & Admin	1,013	1,008	901.36	695.08	822.9	-
Depreciation & Amortization Expenses	-	-	-	-	-	185.93
Other Operating Expenses	117.52	121.38	114.8	85.15	67.83	851.36
Total Operating Expenses	1,130	1,130	1,016	780.23	890.73	1,037
Operating Income	155.12	166.85	208.15	147.78	-94.03	-22.56
Interest Income	35.13	26.03	37.28	13.32	45.89	34.35
Interest Expense	-48.14	-52	-68.12	-54.35	-43.82	-48.07
Other Non-Operating Income (Expense)	11.62	-10.28	-8.22	-5.67	-5	4.72
Total Non-Operating Income (Expense)	-1.39	-36.24	-39.05	-46.7	-2.93	-9
Pretax Income	150.08	130.61	169.09	101.08	-96.96	-31.56
Provision for Income Taxes	42.65	39.75	33.43	35.8	30.7	14.98
Net Income	95.08	77.08	121.53	51.48	-136	-50.58
Minority Interest in Earnings	12.35	13.78	14.13	13.8	8.34	4.04
Net Income to Common	95.08	77.08	121.53	51.48	-136	-50.58
Net Income Growth	-5.53%	-36.57%	136.06%	-	-	-
Shares Outstanding (Basic)	253	252	247	238	203	202
Shares Outstanding (Diluted)	255	254	252	241	203	202
Shares Change (YoY)	-1.03%	0.74%	4.87%	18.25%	0.59%	0.37%
EPS (Basic)	0.38	0.31	0.49	0.22	-0.67	-0.25
EPS (Diluted)	0.37	0.30	0.48	0.21	-0.67	-0.25
EPS Growth	-5.13%	-37.50%	128.57%	-	-	-
Free Cash Flow	170.17	179.03	218.35	97.28	201.46	43.28
Free Cash Flow Growth	-4.95%	-18.01%	124.44%	-51.71%	365.51%	-66.19%
Free Cash Flow Per Share	0.67	0.70	0.87	0.40	0.99	-
Dividends Per Share	0.120	0.120	0.120	0.100	0.090	-
Dividend Growth	-	-	20.00%	11.11%	-	-
Gross Margin	67.14%	66.60%	64.28%	62.16%	61.64%	100.00%
Operating Margin	8.10%	8.57%	10.93%	9.90%	-7.28%	-2.22%
Profit Margin	5.61%	4.67%	7.12%	4.37%	-9.88%	-4.59%
FCF Margin	8.89%	9.20%	11.46%	6.52%	15.59%	4.26%
EBITDA	405.96	402.8	403.1	321.3	69.34	163.38
EBITDA Margin	21.21%	20.69%	21.17%	21.52%	5.37%	16.10%
EBIT	155.12	166.85	208.15	147.78	-94.03	-22.56
EBIT Margin	8.10%	8.57%	10.93%	9.90%	-7.28%	-2.22%
Effective Tax Rate	28.42%	30.43%	19.77%	35.42%	-31.66%	-47.48%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q