Vinted grew GMV by 47% YoY to €10.8bn, generating €1.1bn in annual revenue and €62m in net profit, as it brings second-hand goods to more people in 2025

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Vilnius, Lithuania, 9 April 2026 — Vinted Group (“Vinted”), the international C2C second-hand marketplace, today announced its 2025 annual results, reflecting a successful year in which its members traded €10.8bn in gross merchandise value (GMV) (up 47% YoY), and it generated €1.1bn in revenue across its businesses with net profits of €62m.

 

Focused on its mission to make second-hand the first choice worldwide, in 2025 the Group continued scaling its proven marketplace model in an ecosystem of vertically-integrated shipping and payment infrastructure. In 2025 the investment pace increased, while Vinted maintained a relentless focus on cost efficiency and a disciplined approach to expansion. This led to fast growth of the marketplace, and advances in shipping and payments that lay a foundation for long-term value creation and efficiency.

 

For 2025 the Group reported adjusted EBITDA of €151 million, down 5% year-on-year and net profit of €62 million, down 19% year-on-year. Profits were lower as Vinted invested to grow the German market, expanded Vinted Marketplace categories, expanded Vinted Go’s carrier services to Portugal and Spain, and introduced Vinted Pay’s wallet. Free cash flow was €137 million, up 36% from 2024.

  • Marketplace GMV: €10.8bn (+47% YoY; 2024: €7.3bn)

  • Revenue: €1.1bn (+38% YoY; 2024: €813m)

  • Adjusted EBITDA: €151m (-5% YoY; 2024: €159m)

  • Net Profit: €62m (-19% YoY; 2024: €77m)

 

2025 focuses: Category expansion, growing Germany and launching new markets 

Core fashion continued to strengthen with strong performance in women's and kids’ clothing, while Vinted continued its expansion into more consumer-goods categories including sports and collectables. This brought more members to the marketplace, and members now buy and sell across a wider range of items. 

In addition, in 2025 Vinted successfully turned around its performance in Germany. By improving its product proposition to its members, Vinted was able to invest more into the market at good ROI resulting in high growth. 

 

2025 also brought further geographic expansion, as Vinted launched in Latvia, Estonia and Slovenia, strengthening its European presence.

 

Strengthening the ecosystem with shipping and payments 

Through its network of delivery partners, Vinted provides members with access to more than 500,000 pick-up and drop-off points across Europe, supporting uptake of convenient, out-of-home delivery options by more people.

 

During 2025 Vinted Go, Vinted’s in-house carrier service, launched in Spain and Portugal and opened a new sortation centre in France to support growing parcel volumes. Vinted Go also began testing additional uses for its logistics infrastructure, including delivery services for external clients. Vinted Go Carrier now operates in 5 markets: Belgium, France, the Netherlands, Portugal and Spain.

 

Vinted Pay began onboarding customers onto its own wallet solution. Over time, this is expected to reduce payment-related costs and dependencies. 

 

A focus on cost

Vinted’s focus on cost efficiency is driven by recognising that the lower the cost, the more attractive it becomes to trade lower-value goods, which increases the total addressable second-hand market. Cost efficiency unlocks resources that can reduce costs for members in the short-term, allows for further investments in reliability, and funds new opportunities to strengthen the ecosystem further reducing member costs in the long-term.

 

Thomas Plantenga, CEO of Vinted, 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. That’s why you see us improving our product, investing in safety and member support, while strengthening the rails that power the marketplace: shipping and payments. 

 

“When we do this well, sellers sell their items quicker, buyers find what they want more easily and at the best price, all while delivery and payment happen seamlessly and reliably. When this happens, the value compounds as the marketplace gets meaningfully better with each additional member. 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.”