Ermenegildo Zegna N.V. (ZGN) Revenue History
Annual and quarterly revenue from 2018 to 2024
Compound Annual Growth Rate (CAGR)
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ZGN Revenue Growth
Revenue Breakdown (FY 2024)
ZGN's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
ZGN Revenue Analysis (2018–2024)
As of May 8, 2026, Ermenegildo Zegna N.V. (ZGN) generated trailing twelve-month (TTM) revenue of $3.88 billion, reflecting slight decline in growth of -3.4% year-over-year. The most recent quarter (Q2 2025) recorded $927.7 million in revenue, down 6.0% sequentially.
Looking at the longer-term picture, ZGN's 5-year compound annual growth rate (CAGR) stands at +8.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $1.95 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows ZGN's business is primarily driven by Zegna branded products (71%), Thom Browne Group (19%), and Textile (8%). With over half of revenue concentrated in Zegna branded products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including CPRI (-7.7% YoY), TPR (+14.1% YoY), and RL (+12.7% YoY), ZGN has underperformed the peer group in terms of revenue growth. Compare ZGN vs CPRI →
ZGN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ZGNCurrent | $3.9B | -3.4% | +8.1% | 8.6% | |
 CPRI | $4.4B | -7.7% | -4.4% | -16.9% | |
 TPR | $7.0B | +14.1% | +7.2% | 5.9% | |
 RL | $7.1B | +12.7% | +2.8% | 13.2% | |
 PVH | $8.7B | -1.1% | -2.7% | 8.5% | |
 HBI | $3.5B | -13.4% | -11.4% | 5.3% |
ZGN Historical Revenue Data (2018–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.95B | +2.2% | $1.30B | 66.6% | $166.9M | 8.6% |
| 2023 | $1.90B | +27.6% | $1.22B | 64.3% | $208.1M | 10.9% |
| 2022 | $1.49B | +15.5% | $928.0M | 62.2% | $147.8M | 9.9% |
| 2021 | $1.29B | +26.7% | $925.1M | 71.6% | $-94,028,000 | -7.3% |
| 2020 | $1.02B | -22.8% | $698.8M | 68.5% | $-22,555,000 | -2.2% |
| 2019 | $1.32B | +11.7% | $931.8M | 70.5% | $88.6M | 6.7% |
| 2018 | $1.18B | - | $881.8M | 74.6% | $94.8M | 8.0% |
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Start ComparisonZGN — Frequently Asked Questions
Quick answers to the most common questions about buying ZGN stock.
Is ZGN's revenue growth accelerating or slowing?
ZGN revenue growth slowed to -3.4%, below the 5-year CAGR of +8.1%. TTM revenue is $3.9B. The deceleration marks a shift from historical growth rates.
What is ZGN's long-term revenue growth rate?
Ermenegildo Zegna N.V.'s 5-year revenue CAGR of +8.1% reflects the variable expansion pattern. Current YoY growth of -3.4% is near this long-term average.
How is ZGN's revenue distributed by segment?
ZGN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2024 are available for download. Segment mix reveals concentration and diversification trends.