Adidas Q3 Sales: North America Slowdown Weighs on Global Growth Momentum

We examine the latest data on the focus keyword Adidas Q3 to understand how Adidas’s performance in the third quarter reflects broader global trends and regional headwinds. In Q3 2025, adidas reported revenue of €6.63 billion (~US$7.73 billion), up just 3% year-over-year in reported terms, but up 12% currency-neutral for the adidas brand when excluding the discontinued Yeezy line. This shows that while growth is intact at a headline level, regional discord, especially in North America, is weighing on the momentum.