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Vinted has reported a surge in revenues to €1.1bn (£960m), despite a 19% profit decline to €62m (£54.01m) in 2025, as the group increased investment in its shipping and payment services.
The group stated that profits were lower as it invested to increase its share of the German market, expanded Vinted Marketplace categories, expanded Vinted Go’s carrier services to Portugal and Spain, and introduced Vinted Pay’s wallet. Its adjusted EBITDA also fell 5% to €151m (£131.5m).
However, gross merchandise value reached €10.8bn (£9.41bn) for the year, up from €7.3bn (£6.36bn) in 2024.
During the year, the marketplace expanded its presence into Estonia, Latvia, and Slovenia while recording growth in its established German market.
The company also increased spending to expand its consumer categories into sports and collectables.
Thomas Plantenga, chief executive, said: “To make second-hand first choice, we know what we need to do: we need to be the most cost-efficient, be the most reliable and easy to use. Therefore we need to build an ecosystem for C2C second-hand trade, that maximises value to members at the lowest possible cost. We do this by investing in technology to have long-term scalable impact.
“…In 2025 this happened across every growth vector we have, which resulted in strong growth and, more importantly, a more efficient and stronger foundation that will drive the future consumption shift from new to second-hand.”
