ING Groep N.V. (ING) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
Revenue Growth Metrics
Revenue Breakdown
ING's revenue distribution by segment and geography
By Geography
ING Revenue Analysis (2014–2025)
As of March 1, 2026, ING Groep N.V. (ING) generated trailing twelve-month (TTM) revenue of $41.55 billion, reflecting solid growth of +7.2% year-over-year. The most recent quarter (Q4 2025) recorded $5.80 billion in revenue, down 1.0% sequentially.
Looking at the longer-term picture, ING's 5-year compound annual growth rate (CAGR) stands at -3.1%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $66.41 billion in 2024.
When compared to Financial Services sector peers including HSBC, SAN, and BBVA. Compare ING vs HSBC →
Peer Comparison
Compare ING's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| INGCurrent | $41.5B | +7.2% | -3.1% | 39.7% | |
| HSBC | $143.3B | - | - | 22.5% | |
| SAN | $129.9B | - | - | 14.6% | |
| BBVA | $31.6B | - | - | 56.6% | |
| BCS | $26.8B | - | - | 34.7% | |
| NWG | $28.6B | - | - | 21.7% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $23.04B | - | $21.73B | 94.3% | $9.15B | 39.7% |
| 2024 | $66.41B | - | $21.41B | 32.2% | $9.30B | 14.0% |
| 2023 | $58.90B | - | $22.15B | 37.6% | $10.49B | 17.8% |
| 2022 | $33.61B | - | $17.06B | 50.8% | $5.50B | 16.4% |
| 2021 | $25.78B | - | $17.79B | 69.0% | $6.78B | 26.3% |
| 2020 | $26.93B | - | $15.19B | 56.4% | $3.81B | 14.1% |
| 2019 | $32.44B | - | $16.94B | 52.2% | $6.83B | 21.1% |
| 2018 | $32.33B | - | $17.44B | 54.0% | $6.75B | 20.9% |
| 2017 | $47.94B | - | $16.92B | 35.3% | $7.27B | 15.2% |
| 2016 | $48.34B | - | $16.43B | 34.0% | $5.90B | 12.2% |
See ING's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs ING Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare ING vs JPM
See how ING stacks up against sector leader JPMorgan Chase & Co..
Start ComparisonFrequently Asked Questions
Is ING's revenue growth accelerating or slowing?
ING maintains +7.2% revenue growth, in line with its 5-year CAGR of -3.1%. TTM revenue stands at $41.5B. Growth rate remains consistent with historical average.
What is ING's long-term revenue growth rate?
ING Groep N.V.'s 5-year revenue CAGR of -3.1% reflects the sustained expansion pattern. Current YoY growth of +7.2% is near this long-term average.
How is ING's revenue distributed by segment?
ING reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.