adidas AG Earnings Recaps
Q3 2025
Oct 30, 2025
adidas AG achieved a record high Q3 revenue of EUR 6.63 billion, reflecting a 12% year-over-year growth, driven by strong performance across key markets despite a temporary setback in the accessories category.
Key takeaways
- Q3 EBIT reached EUR 736 million, yielding a margin of 11.1%, a slight increase from the previous year.
- North America grew 8% for the quarter, with strong apparel and footwear demand offsetting a decline in accessories.
- Greater China and Emerging Markets continued double-digit growth, indicating resilience in challenging environments.
- E-commerce sales surged 15%, highlighting the effectiveness of digital strategies in a competitive retail landscape.
- adidas remains committed to expanding its retail presence, adding approximately 85 stores globally over the past year.