Inter IKEA Group announces total revenues of EUR 26.3 billion for financial year 2025 (FY25) compared to EUR 26.5 billion in FY24. Sales volumes are up while gross margin is back to normal levels, following the continued effect of wholesale price decreases in FY24. This planned development supports the IKEA affordability ambitions.
After 20 years at IKEA – including leading the IKEA Franchisor from 2018 and CEO of Inter IKEA Group since 2020 – Jon Abrahamsson Ring is handing over to Jakub Jankowski, currently Managing Director for IKEA Industry. Jakub will step into the role as CEO of Inter IKEA Group on 1 January 2026.
The Inter IKEA Group result is closely connected the IKEA retail sales performance.
Total IKEA sales for FY25 reached EUR 44.6 billion. This includes sales of IKEA products, food and services to customers by the 13 groups of IKEA franchisees worldwide. Compared to FY24, retail sales fell marginally by -1.0% (-0.3% when adjusted for currency effects). This is the result of lower prices introduced in FY24, which in turn contributed to an increase in sales volumes of 2.6%.
In FY25, IKEA stores welcomed 915 million visitors, an increase of 1.9% compared to the previous year.
Product sold through stores
69
Products sold online
28
Services to customers
3
Share of IKEA retail sales