Ermenegildo Zegna N.V. (ZGN) — Financial statements
Income statement, balance sheet, and cash flow for Ermenegildo Zegna N.V. — annual and quarterly history with growth and margin analysis.
| Metric (EUR Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,841↓5.4% | 1,947↑2.2% | 1,905↑27.6% | 1,493↑15.5% | 1,292 | |
| Cost of Revenue | 817↑25.7% | 650↓4.4% | 680↓9.2% | 749↑104.0% | 367 | |
| Gross Profit | 1,024↓21.0% | 1,297↑5.9% | 1,224↑31.9% | 928↑0.3% | 925 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 1,008↑11.9% | 901↑32.7% | 679↑19.7% | 567 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 121↑5.7% | 115↑34.8% | 85↑25.5% | 68 | |
| SG&A Expenses | 868↓23.2% | 1,130↑11.2% | 1,016↑32.9% | 764↑13.4% | 674 | |
| Other Expenses | 0.00 | 0.00 | 0.00↓100.0% | 16↓90.5% | 167 | |
| Operating Expenses | 868↓23.2% | 1,130↑11.2% | 1,016↑30.2% | 780↓7.2% | 841 | |
| Total Costs & Expenses | 1,685↓5.3% | 1,780↑4.9% | 1,696↑26.1% | 1,345↓3.0% | 1,386 | |
| Operating Results | ||||||
| Operating Income | 157↓6.2% | 167↓19.8% | 208↑40.9% | 148↑257.2% | -94 | |
| Depreciation & Amortization | 235↓0.3% | 236↑22.1% | 193↑12.4% | 172↑11.5% | 154 | |
| EBITDA | 392↓3.6% | 406↑3.4% | 393↑17.1% | 336↑371.6% | 71 | |
| EBIT | 157↓8.1% | 170↓14.8% | 200↑22.1% | 164↑297.0% | -83 | |
| Interest & Other Income | ||||||
| Net Interest Income | -10↑72.5% | -37↓44.4% | -26↓79.7% | -14↓25.0% | -11 | |
| Interest Income | 32↑1156.1% | 3↓48.6% | 5↑189.6% | 2↓29.9% | 2 | |
| Interest Expense | 42↑7.1% | 40↑29.3% | 31↑91.5% | 16↑15.2% | 14 | |
| Non-Operating Income | 0.00↑100.0% | -3↓141.0% | 8↑152.8% | -16↑93.1% | -228 | |
| Other Income / Expenses | -22↑39.3% | -36↑7.2% | -39↑16.4% | -47↓1493.2% | -3 | |
| Income Before Tax | 135↑3.0% | 131↓22.8% | 169↑67.3% | 101↑204.3% | -97 | |
| Income Tax Expense | 29↓26.2% | 40↑18.9% | 33↓6.6% | 36↑16.6% | 31 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 105↑15.7% | 91↓33.0% | 136↑107.8% | 65↑151.1% | -128 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 95↑22.8% | 77↓36.6% | 122↑136.1% | 51↑137.9% | -136 | |
| Bottom-Line Net Income | 95↑22.8% | 77↓36.6% | 122↑136.1% | 51↑137.9% | -136 | |
| EPS (Basic) | 0.37↑19.4% | 0.31↓35.4% | 0.48↑118.2% | 0.22↑132.8% | -0.67 | |
| EPS (Diluted) | 0.37↑23.3% | 0.30↓37.5% | 0.48↑128.6% | 0.21↑131.3% | -0.67 | |
| Weighted Average Shares | 260↑3.2% | 252↓0.7% | 253↑6.6% | 238↑16.7% | 203 | |
| Weighted Average Diluted Shares | 261↑2.8% | 254↑0.7% | 252↑4.9% | 241↑18.3% | 203 | |
* All figures in Millions of EUR, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.