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Zalando Revenue Rises 5.1% in Q3 as B2B Business Expands

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Zalando Revenue Rises 5.1% in Q3 as B2B Business Expands

The German company’s B2B division surged 28 percent while GMV rose 7.5 percent, with active customers and average spend also on the rise.

PARIS — B2B boosted Zalando in the third quarter of 2026, with active customers and average spend also on the rise.

On Tuesday, the German company reported gross merchandise volume rose 7.5 percent to 4.54 billion euros in the three months ended Sept. 30, while revenue increased 5.1 percent to 3.17 billion euros. The period also saw B2B revenue surge nearly 28 percent.

“One year in, the About You integration is progressing well and we kept our momentum in delivering synergies,” Zalando chief financial officer Anna Dimitrova said in a statement. “At the same time, our shift to a platform business model is accelerating, with our partner business and retail media growing at a double-digit rate and B2B revenue up almost 28 percent.”

Adjusted earnings before interest and taxes increased 10.6 percent to 106.5 million euros. The adjusted EBIT margin expanded to 3.4 percent from 3.2 percent a year earlier, supported by lower fulfillment costs, synergies from the About You integration and B2B growth. The company said synergies had reached the “mid-teens millions of euros” in the quarter.

B2B revenue grew to 354.4 million euros, while adjusted EBIT more than doubled to 42.2 million euros from 19.6 million euros. The division’s adjusted EBIT margin expanded to 11.9 percent from 7.1 percent.

S. , while Zeos Fulfilment secured clients including Champion, LC Waikiki and Lascana.



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