Birkenstock ends 2025 with double-digit Q4 growth
Net profit for the three months to September 30, 2025 jumped 79% to €94 million, while adjusted EBITDA rose 17% to €147 million, lifting the margin to 27.8% despite headwinds from currency translation and U.S. tariffs.
Performance was broad-based, with revenue up 11% in the Americas, 16% in EMEA and 33% in Asia-Pacific on a reported basis. The wholesale B2B channel continued to outperform, growing 22%, while direct-to-consumer sales rose 8%.
For the full fiscal year, Birkenstock posted revenue of €2.1 billion, up 16% reported and 18% in constant currency, exceeding its own growth target. Net profit surged 82% to €348 million, and adjusted EBITDA climbed 20% to €667 million, with the margin improving to 31.8%.
Chief Executive Oliver Reichert said the brand continued to take share at key wholesale partners and benefit from strong global consumer demand, highlighting rapid growth in closed-toe footwear and the expansion of the company’s own-store network.
Looking ahead, Birkenstock forecast 13-15% constant-currency revenue growth for fiscal 2026, equivalent to reported sales of €2.30-2.35 billion, and guided for adjusted EBITDA of at least €700 million. The group also plans to open around 40 new stores and repurchase US$200 million of shares during the year, subject to market conditions.