Vinted hits €1.1bn revenue but profits slide as it invests in growth
Vinted’s revenue climbed to €1.1 billion in 2025 from €813 million in the prior year as members traded €10.8 billion in gross merchandise value, a 47% increase.
However, the C2C marketplace saw its profits fall in the year, with adjusted EBITDA declining by 5% to €151 million and net profit dropping by 19% to €62 million, as it invested in its German market and expanded into new categories.
Subscribe to TRBDuring the period, Vinted also invested in the expansion of its Vinted Go carrier services to Portugal and Spain, and introduced Vinted Pay, its own wallet solution.
The year also brought geographic expansion with launches in Latvia, Estonia and Slovenia as the company worked to strengthen its European presence.
Thomas Plantenga, chief executive 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.”
Founded in 2008 in Lithuania, Vinted is headquartered in Vilnius and has offices in Germany and the Netherlands.
