Adidas AG (OTC: ADDYY)

Q: What is Adidas AG's revenue?

Adidas AG has annual revenue of approximately $24.0 billion.

Q: How many employees does Adidas AG have?

Adidas AG employs approximately 59,000 people.

Footwear & Accessories · Herzogenaurach, Germany · Founded 1949

$40.0B

Market Cap

$24.0B

Revenue

59,000

Employees

$0.8B

Net Income

📊 Key Statistics for Adidas AG (ADDYY)

Market capitalization: $40.0 billion
Annual revenue: $24.0 billion
Net income: $0.8 billion
Employees: 59,000
Sector: Consumer Cyclical
Headquarters: Herzogenaurach, Germany
Founded: 1949

Source: Statvoo company profile for Adidas AG. Browse all 500+ companies

📋 About Adidas AG

Adidas is the second-largest sportswear company in the world, headquartered in Herzogenaurach, Germany. The company designs and manufactures athletic footwear, apparel, and accessories under the Adidas and Adidas Originals brands. Adidas has particular strength in football (soccer), running, and lifestyle/streetwear categories. The company's three-stripe trademark is one of the most recognized logos in global sports.

adidas.com analysis · Visit website →

💰 How Adidas AG Makes Money

Adidas earns revenue from the wholesale and direct-to-consumer sale of athletic and lifestyle products globally. The company has been increasing its direct-to-consumer mix through owned stores and e-commerce to improve margins and customer relationships.

📜 Key Milestones

Adi Dassler founded Adidas in 1949 in Herzogenaurach, Germany—the same town where his brother Rudolf founded rival Puma. The company's partnership with Kanye West on the Yeezy line, launched in 2015, became one of the most successful celebrity collaborations in fashion history before Adidas terminated the relationship in 2022 over antisemitic remarks. CEO Bjørn Gulden, who joined from Puma in 2023, has led a rapid turnaround.

📊 Financial Overview

Market Capitalization	$40.0B
Annual Revenue	$24.0B
Net Income	$0.8B
Profit Margin	3%
Revenue per Employee	$406780K
Stock Exchange	OTC
Ticker Symbol	ADDYY

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

The Adidas-Puma rivalry began as a family feud—Adi and Rudolf Dassler were brothers who split their shared shoe company after World War II, dividing the town of Herzogenaurach into two camps. The Yeezy termination initially cost Adidas over €1 billion in revenue, but the company has recovered faster than expected.

📝 Analyst Take

Bjørn Gulden has injected energy and pragmatism into Adidas after years of strategic drift. The Samba and Gazelle retro sneaker trend has been a windfall, but Adidas needs to prove it can sustain momentum beyond the current terrace-shoe cycle.

❓ Frequently Asked Questions