Annual Report 2025

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Lamine Yamal in a red Spain adidas jersey posing in a stadium. (Photo)

Consolidated Statement of Comprehensive Income

adidas AG Consolidated Statement of Comprehensive Income (IFRS) € in millions

 

 

Note

 

Year ending Dec. 31, 2025

 

Year ending Dec. 31, 2024

Net income

 

 

 

1,385

 

832

Items of other comprehensive income that will not be reclassified subsequently to profit or loss

 

 

 

 

 

 

Remeasurements of defined benefit plans (IAS 19), net of tax1

 

23

 

22

 

(2)

Net (loss)/gain on other equity investments (IFRS 9), net of tax

 

28

 

(60)

 

1

Subtotal of items of other comprehensive income that will not be reclassified subsequently to profit or loss

 

 

 

(38)

 

(2)

Items of other comprehensive income that will be reclassified to profit or loss when specific conditions are met

 

 

 

 

 

 

Net (loss)/gain on cash flow hedges and net foreign investment hedges, net of tax

 

28

 

(320)

 

156

Net (loss)/gain on cost of hedging reserve – options, net of tax

 

28

 

(1)

 

1

Net gain on cost of hedging reserve – forward contracts, net of tax

 

28

 

12

 

11

Currency translation differences

 

 

 

(391)

 

117

Subtotal of items of other comprehensive income that will be reclassified to profit or loss when specific conditions are met

 

 

 

(700)

 

285

 

 

 

 

 

 

 

Other comprehensive income

 

 

 

(738)

 

283

 

 

 

 

 

 

 

Total comprehensive income

 

 

 

647

 

1,115

 

 

 

 

 

 

 

Attributable to shareholders of adidas AG

 

 

 

648

 

1,023

Attributable to non-controlling interests

 

 

 

(1)

 

92

1

Includes actuarial gains or losses relating to defined benefit obligations, return on plan assets (excluding interest income), and the asset ceiling effect.

The accompanying Notes are an integral part of these consolidated financial statements.