Adidas calls 2025 “a success already” after record quarter

Adidas posted its highest quarterly sales ever last quarter. A remarkable comeback, given that the sports brand is emerging from a difficult period and is facing US import tariffs.

Growth across the board

Adidas’ revenue rose 12% in constant currency to €6.63 billion in the third quarter, with double-digit growth in virtually all markets, product categories, and sales channels. The gross margin improved by half a percentage point to 51.8%, despite negative currency effects and higher import tariffs. Operating profit increased to €736 million, compared to €598 million a year earlier.