Toys

Lego, double-digit growth in revenues and profits in 2025

Turnover rose by 12% to EUR 11.2 billion and net profit by 21% to EUR 2.2 billion

by Mo.D.

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

Double-digit growth for Lego Group's revenues and operating profit in 2025. Demand for the Danish brand's products has been strong in all major markets and among different consumer groups, children and adults, and has enabled the group to achieve record results above the sales trend in the global toy market, further strengthening its market share.

Record results in 2025

In 2025revenues increased by 12% to DKK 83.5 billion (EUR 11.2 billion), supported by growth in all geographies, particularly in Western Europe, the Americas and the Central and Eastern Europe, Middle East and Africa region. Sales to end consumers grew by 16%, significantly outperforming the global toy market, which grew by 7% during the same period.

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Operating profit rose 18% to SEK 22 billion (EUR 2.95 billion), driven by revenue growth and economies of scale. The result was also driven by productivity initiatives that allowed the group to reinvest in production expansions and medium- to long-term strategic priorities, including sustainability, supply chain strengthening and digital technology development. Net profit recorded a 21% increase to SEK 16.7 billion (EUR 2.2 billion), exceeding market expectations.

"We are very pleased with the record performance in 2025, which consolidates last year's results," said CEO Niels B. Christiansen, adding, "Our broad and innovative portfolio, together with the strength of the Lego brand and an effective operating model, supported very high demand. We have achieved these results by combining creativity in product innovation and operational efficiency, bringing the Lego play experience to more children than ever before. At the same time, we have continued to invest in future growth, realising multi-year strategic investments and increasing the share of renewable and recycled materials used to produce the bricks to over 50 per cent.

Cash Flows and Investments

Operating cash flow grew by 4 per cent to SEK 19.9bn, up from SEK 19.2bn in 2024, due to strong operating profitability. The group maintained a high level of capital expenditure, which amounted to 9.2 billion kronor, compared to 9 billion in the previous year, mainly for the construction of new plants and the expansion of existing ones. Free cash flow stood at SEK 10.8 billion, up from SEK 10.2 billion in 2024.

Increasingly large product portfolio

In 2025, Lego launched the largest portfolio in its history, withover 860 products, about half of them new. The most successful lines include Lego City, Lego Technic, Lego Star Wars, Lego Icons and Lego Botanicals, which have attracted builders of all ages, including new younger fans.

Among the strategic partnerships, the one with Formula 1 helped expand the audience, with the launch of the first products in 2025 and promotional initiatives in more than twenty Grand Prix. To strengthen the bond with young motorsport fans, especially girls, the company also announced a new partnership with F1 Academy, which will bring the Lego Racing project to circuits in 2026.

Le bellezze d'Italia riprodotte con i mattoncini Lego

Growing in digital too

The group continued to invest in the integration of physical and digital gaming. To mark the 30th anniversary of Lego video games, new titles and sets inspired by popular franchises such as Minecraft and Super Mario were launched. Lego Fortnite Odyssey was also expanded, which has exceeded one billion total game hours since its introduction.

Global expansion and retail

On the industrial front, the company strengthened its global production and logistics network in 2025: a new factory with a regional distribution centre was opened in Vietnam, while work continued on a new plant in Virginia, USA. In parallel, plants in Hungary, Mexico and China were expanded.

The group also inaugurated a new headquarters for the Americas in Boston, while the development of the new Copenhagen hub continued and plans for the relocation of the London hub were announced.

In retail, both physical and digital, Lego invested further in the customer experience. The flagship shops and the Lego.com platform recorded record numbers of visitors and the highest satisfaction levels ever.

Il mattoncino smart della Lego fra i protagonisti del Ces 2026

Acquisition of entertainment centres

To strengthen the brand experience also outside retail, the company announced the acquisition of Legoland Discovery Centres and Lego Discovery Centres from Merlin Entertainments. The deal, completed in February 2026, comprises 29 centres in nine countries, with approximately five million visitors per year.

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