IKEA's retail sales for financial year 2026 amounted to €43.8 billion — 1.9% less than the year before. This is the third consecutive annual decline. At the same time, the company is making products more affordable for shoppers in Europe: a program of about €1.2 billion is aimed at price reductions.

According to IKEA's annual results, the reporting period covers the time from September 1, 2025 to August 31, 2026. The total includes sales of products, food and services of all 13 franchisee groups of the brand.

Excluding currency exchange rate effects, the decline was 0.7%. In the previous financial year, retail sales reached €44.6 billion, in 2024 — €45.1 billion, and in 2023 — €47.6 billion.

At the same time, the drop in monetary turnover does not mean the same reduction in the number of goods sold. For example, in financial year 2025, their volume grew by 2.6% thanks to lower prices, although total sales in euros decreased, according to the company's previous report.

For 2026, Inter IKEA Group reported a slight decline in demand from retail partners amid challenging market conditions. At the same time, transportation and raw material costs increased.

Inter IKEA Group's own revenue was €25.9 billion compared to €26.3 billion the year before. This indicator includes, among other things, supplies of goods to franchisees and brand usage fees and differs from IKEA's total retail sales.

For shoppers in Europe, the price reduction program that IKEA launched on September 1, 2026 is of practical importance. It began after the end of the reporting financial year, so its results are not yet reflected in the annual sales figures presented.

In Germany, the program covers more than 1,500 products with an average price reduction of 20%. In Italy, hundreds of items became cheaper — by an average of 22%. Products participating in the European program include KALLAX storage systems, HEMNES daybeds and POÄNG armchairs.

The list of products and the size of the reduction vary by country. The indicated percentages relate to the selected items, not to IKEA's entire assortment. Shoppers should check the price of a particular model on the company's website for their country.

Based on materials from: IKEA, Inter IKEA Group, Ingka Group.