In Financial Year 2026 (FY26)*, Inter IKEA Group sharpened its focus on what matters most to customers: a relevant home furnishing range, low prices and a great customer experience.
Today, we published the Inter IKEA Group Annual Report for FY26. For the first time, our financial and sustainability reporting came together in one report, moving us into alignment with the EU Corporate Sustainability Reporting Directive (CSRD). This shift also shapes how we report on climate action.
Inter IKEA Group reported revenues of EUR 25.9 billion (EUR 26.3 billion in FY25), an operating result of EUR 1.5 billio(EUR 1.7 billion in FY25) and a net result of EUR 1.4 billion (EUR 1.5 billion in FY25). Total Group revenues include franchise fees, sales of IKEA products to franchisees, and revenues from our own retail operations2.
"We are determined to make IKEA even more affordable and accessible for the many people. Our business model is built on a simple idea: high volumes and low costs enable us to offer low prices. Sales have remained stable in recent years, despite challenging market conditions. But to reach more people with affordable home furnishing, we need to return to growth. In FY26, we took important steps to strengthen the business, create the conditions for growth and enable us to lower prices even further,” says Jakub Jankowski, CEO of Inter IKEA Group.
The IKEA business idea is to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible can afford them. FY26 saw the launch of 2,900 new and updated products, eight collections, including the return of iconic IKEA PS, where innovative and experimental design ideas come to life for a broader audience.
During the year, IKEA retailers ran a global campaign designed to help more people enjoy cooking and eating at home, with solutions that combine functionality, inspiration and affordability.
To address internal complexity and fragmentation in the organisation, Inter IKEA Group made necessary changes in the past year, which included a reduction of the workforce by 850 co-workers globally 3. Guided by our culture and values, these changes will help us become simpler, faster and more focused.
These were difficult decisions that were not taken lightly. With clear goals, fewer priorities and simpler organisation, we can make decisions faster, reduce costs and create better conditions for lower prices. This will help us stay true to our vision and strengthen IKEA for the future[No text in field]
We remain committed to creating home furnishing products that people want and love. By improving affordability, strengthening our range and improving the customer experience, we are building a stronger IKEA for the many people[No text in field]
IKEA RETAIL FY26
Total IKEA retail sales: EUR 43.8 billion
Change: -1.9% (-0.7% when adjusted for currency impact)
Share of online sales: 29% (store 69%, sales of services 2%)
Number of co-workers: 217,000
Number of store visits: 913 million
Number of online visits: Online visitors: 5 billion
Number of markets: 64
New markets in FY26: New Zealand
New markets to start retail operations in FY27: Panama and Costa Rica
Number of IKEA stores: 519 (431 stores, 88 small stores, and 265 plan and order points)
Number CMPs opened in FY26: 87 (1 store, 30 small stores, 55 plan and order points, 1 e-com)
Number of CMPs closed in FY26: 21 (8 stores, 1 small store, 12 plan and order points)
Total revenue: EUR 25.9 billion (vs 26.3 EUR billion in FY25)
Operating result: EUR 1.5 billion
Net result: EUR 1.4 billion.
Franchise fees: EUR 1.3 billion in FY26.
Sales of IKEA products to franchisees: EUR 23.7 billion
Own retail operations: 0.6 billion in FY26
FY26 ran from 1 September 2025 to 31 August 2026.