Ermenegildo Zegna N.V. (ZGN)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Jan 1, 2019	Dec 31, 2017	Dec 31, 2016
Thom Browne	268.90M	314.82M	380.29M	330.89M	264.07M
Thom Browne Growth	-14.59%	-17.22%	14.93%	25.31%	46.87%
Tom Ford Fashion	317.06M	314.51M	235.54M	-	-
Tom Ford Fashion Growth	0.81%	33.53%	-	-	-
Zegna	1.36B	1.35B	1.32B	1.18B	1.04B
Zegna Growth	1.06%	2.03%	12.35%	13.67%	22.75%
Intersegment Eliminations	-32.19M	-31.52M	-33.33M	-14.76M	-6.84M
Total	1.92B	1.95B	1.90B	1.49B	1.29B
Total Growth	-1.53%	2.21%	27.58%	15.51%	27.36%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2019	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Jan 1, 2019	Dec 31, 2017	Dec 31, 2016
EMEA (Excl. Italy)	458.75M	424.73M	376.90M	295.88M	-
EMEA (Excl. Italy) Growth	8.01%	12.69%	27.38%	-	-
Italy	225.09M	255.53M	281.79M	224.34M	158.72M
Italy Growth	-11.91%	-9.32%	25.61%	41.34%	30.96%
Americas(Excl. United States)	83.62M	72.02M	70.35M	54.26M	-
Americas(Excl. United States) Growth	16.10%	2.38%	29.64%	-	-
United States	482.45M	452.77M	384.54M	270.31M	176.06M
United States Growth	6.56%	17.74%	42.26%	53.53%	53.34%
Greater China Region	435.17M	509.38M	595.52M	494.11M	588.88M
Greater China Region Growth	-14.57%	-14.46%	20.52%	-16.09%	34.39%
Rest of APAC(Includes Japan, South Korea, Singapore, Thailand, Malaysia, Vietnam, Indonesia, Philippines, Australia, New Zealand, India and Other Southeast Asian Countries)	228.81M	229.88M	192.49M	150.69M	-
Rest of APAC(Includes Japan, South Korea, Singapore, Thailand, Malaysia, Vietnam, Indonesia, Philippines, Australia, New Zealand, India and Other Southeast Asian Countries) Growth	-0.46%	19.42%	27.74%	-	-
Other	3.05M	2.34M	2.96M	3.24M	4.48M
Other Growth	30.17%	-20.79%	-8.62%	-27.73%	38.24%
EMEA (Excl. Italy ,UK & UAE)	-	-	-	-	150.98M
United Kingdom (UK)	-	-	-	-	37.68M
United Kingdom (UK) Growth	-	-	-	-	14.24%
United Arab Emirates (UAE)	-	-	-	-	32.94M
North America (Excl. United States)	-	-	-	-	15.22M
North America (Excl. United States) Growth	-	-	-	-	-6.20%
Latin America	-	-	-	-	19.97M
Latin America Growth	-	-	-	-	54.63%
APAC (Excl. Greater China Region & Japan)	-	-	-	-	51.99M
APAC (Excl. Greater China Region & Japan) Growth	-	-	-	-	0.11%
Japan	-	-	-	-	55.48M
Japan Growth	-	-	-	-	-9.82%
Total	1.92B	1.95B	1.90B	1.49B	1.29B
Total Growth	-1.53%	2.21%	27.58%	15.51%	27.36%

Source: S&P Global Market Intelligence.