Westwing Group SE

Latest Results (09.11.2025):

Westwing Group SE's Q3 2025 quarterly statement shows a positive performance despite a strategic shift toward a more global and premium product assortment. Revenue increased modestly by 3.4% year-over-year to EUR 99.0 million and adjusted EBITDA surged by 73% to EUR 6.1 million, improving the EBITDA margin from 3.7% to 6.1%. The report highlights strong performance in the Westwing Collection, now accounting for an all-time high GMV share of 66%, alongside fiscal discipline and successful expansion measures across various markets.

Revenue & EBITDA Improvement

For Q3 2025, Westwing Group SE achieved revenue of EUR 99.0 million and saw a significant jump in adjusted EBITDA to EUR 6.1 million, with the EBITDA margin improving to 6.1% from 3.7% in Q3 2024.

Enhanced Contribution Margins

The company recorded a rise in contribution margin by 2.3 percentage points, reaching 33.9% in Q3 2025, driven by the increasing share and improved margins of the Westwing Collection.

Order Trends & Basket Growth

Despite a 14% decline in the number of orders, the average basket size increased by 22% to EUR 252, helping to offset the impact of lower order volume.

Segment Performance & Expansion

In Q3 2025, the International segment experienced a 10.8% revenue growth due to earlier adoption of the premium assortment strategy and market expansion, while the DACH segment saw a slight revenue decline.

Cash Flow & Strategic Initiatives

Westwing Group SE maintained a solid financial position with Q3 free cash flow of EUR 10 million and a net cash holding of EUR 58 million, complementing its successful launch of websites and stores in new markets as part of its expansion strategy.