adidas AG annual operating expenses
2010
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2025
adidas AG Operating Expenses Growth & History (ADS)
adidas AG's operating expenses was €10.87B for fiscal 2025.
View full adidas AG company overviewadidas AG annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €10.87B | −€74.0M | −0.68% |
| 2024 | 2024-12-31 | €10.95B | €875.0M | +8.69% |
| 2023 | 2023-12-31 | €10.07B | −€190.0M | −1.85% |
| 2022 | 2022-12-31 | €10.26B | €1.48B | +16.87% |
| 2021 | 2021-12-31 | €8.78B | −€311.0M | −3.42% |
| 2020 | 2020-12-31 | €9.09B | −€484.0M | −5.06% |
| 2019 | 2019-12-31 | €9.57B | €574.0M | +6.38% |
| 2018 | 2018-12-31 | €9.00B | €111.0M | +1.25% |
| 2017 | 2017-12-31 | €8.89B | €1.00B | +12.70% |
| 2016 | 2016-12-31 | €7.89B | €734.0M | +10.26% |
| 2015 | 2015-12-31 | €7.15B | €1.04B | +17.09% |
| 2014 | 2014-12-31 | €6.11B | €171.0M | +2.88% |
| 2013 | 2013-12-31 | €5.94B | −€245.0M | −3.96% |
| 2012 | 2012-12-31 | €6.18B | €850.0M | +15.94% |
| 2011 | 2011-12-31 | €5.33B | €497.0M | +10.28% |
| 2010 | 2010-12-31 | €4.84B | — | — |
adidas AG quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €2.97B | €436.0M | +17.23% |
| Q1 2026 | 2026-03-31 | €2.66B | — | — |
| Q4 2025 | 2025-12-31 | €2.92B | — | — |
| Q3 2025 | 2025-09-30 | €2.70B | — | — |
| Q2 2025 | 2025-06-30 | €2.53B | — | — |
adidas AG operating expenses trends
Over the last five fiscal years, adidas AG's operating expenses increased from €9.09B to €10.87B, a change of €1.78B. The latest reported quarter, Q2 2026, shows €2.97B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
reported and calculated operating expenses
TickerStat uses operating expenses reported in company official filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review adidas AG source filings ↗