Adidas Lifts Third-Quarter Net Profit and Keeps 2026 Outlook
Adidas reported third-quarter net profit of 706 million euros, up from 461 million a year earlier, and held its 2026 operating profit guidance of about 2.5 billion euros.
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what happened
According to Dow Jones Newswires, German sportswear group Adidas posted higher net profit for the third quarter, reaching 706 million euros against 461 million euros a year earlier. The company credits recent spending on innovation and marketing for the improvement, saying those investments are beginning to pay off.
Revenue for the quarter came in at 7.25 billion euros and operating profit at 1.01 billion euros, figures Adidas had already released preliminarily a few days ago. The gross margin widened to 54.3% from 51.8%. The 2026 forecast stays unchanged: operating profit of around 2.5 billion euros and currency-neutral revenue growth of 9% to 10%, after an upgrade made last week.
why it matters
The report confirms that Adidas is delivering on its raised targets, which supports interest in the stock and the broader sporting goods sector. The stronger gross margin also points to good cost and pricing control.
market impact
Adidas: higher profit and confirmed outlook support the company's shares
- Adidas shares pressure up — profit is above last year and the forecast is confirmed
tags
instruments
sources
- Adidas Posts Higher Net Profit — Dow Jones Newswires, 29 October 2026 at 06:51 UTC
- Adidas Posts Higher Net Profit — Dow Jones Newswires, 29 October 2026 at 07:06 UTC
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