From €6.44 billion in the prior year quarter, currency-neutral revenues of the brand adidas increased by 16 per cent to €6.63 billion in Q3, FY25.

The company’s gross margin edged up to 51.8 per cent during the quarter from 51.3 per cent in the corresponding quarter last year, overcoming headwinds from unfavorable currency shifts and higher tariffs. Its operating profit rose to €736 million compared to €598 million in 2024.

Based on this better-than-expected performance, adidas is significantly boosting its full-year guidance for 2025.

The company expects currency-neutral revenues for the core adidas to grow by double-digits during the year. However, including the prior-year Yeezy sales, total currency-neutral revenues are projected to increase by around 9 per cent, a slight improvement from the previous ‘high-single-digit rate’ forecast.

adidas’ operating profit for the full year is now expected to reach around €2.0 billion, as against the earlier projected guidance of between €1.7 billion and €1.8 billion. This improved outlook is credited to sustained brand momentum, the strong business execution, and successful efforts to offset increased US tariff costs.

Highlighting the company’s strong growth, Bjorn Guilden, CEO, expressed a positive outlook toward 2026, which is lined up to be a major sports year. adidas will release its full financial report on October 29.