Skip to main content
IKEA_Logo 1
Back

Shop at IKEA?

Choose your IKEA retail website
Back

Shop at IKEA?

Choose your IKEA retail website

Newly added articles

PE1005346

FY26 financial performance

Financial performance

For FY26, Inter IKEA Group reported revenues of EUR 25.9 billion, compared to EUR 26.3 billion in FY25. Our operating result was EUR 1.5 billion.

Operating result

Our primary source of revenue is the sale of IKEA products to our franchisees as well as the franchise fees that they pay for the right to use our intellectual property and to market and sell the IKEA product range.

Total Inter IKEA Group revenues

  • 25.9 bn

    EUR

    FY26
  • 26.3 bn

    EUR

    FY25

FY26 did not deliver revenue growth. To support our affordability commitment, we largely kept our prices stable throughout the year. Demand from IKEA retailers however was below last year, making sales growth more difficult. Tight cost control was applied during the year to balance external pressures and insufficient sales.

We also took steps to adapt the business for the future through organisational changes. While necessary, these changes resulted in additional costs for restructuring. Despite the circumstances, we delivered a solid operating result of EUR 1.5 billion.

Financial income and expense

Our net financial income and expense continued to support overall profitability. This was made possible by healthy cash generation from our operations, interest income on cash balances and disciplined treasury management.

Together, these factors contributed positively to our net result and maintained a strong financial position.

Taxation

In FY26, the total tax charge amounted to EUR 382 million, corresponding to an effective tax rate of 21.4%. The impact of the OECD Pillar Two legislation on our tax position was limited. 

Net result

The FY26 net result amounted to EUR 1.4 billion. This result reflects the strength and resilience of our business during a year with continued market uncertainty.

Download Inter IKEA Group annual reports

Facts, data points, commitments and statements contained in previous reports are historical and based on information available at the time of publication. This information may have changed over time and should be considered in that context.