Hermès 2026 First-Half Revenue Rises 1.61% to €8.163 Billion, Net Profit Dips 0.36%
Hermès reported 2026 first-half net profit of €2.238 billion, down 0.36% year-on-year. Revenue reached €8.163 billion, up 1.61% (6% at constant exchange rates). Operating profit rose 0.72% to €3.351 billion, with a gross margin of 41%. By region, Europe grew 4.9%, Asia fell 1.3%, and the US rose 8.9%. The group added over 600 employees, bringing the total to 27,100. Second-quarter revenue rose 4.8% (6.7% at constant rates). Hermès confirmed its constant-currency revenue growth target despite uncertainties.
French luxury group Hermès reported its 2026 first-half results, with net profit of €2.238 billion, down 0.36% year-on-year. Operating profit rose 0.72% to €3.351 billion, and gross margin stood at 41%. First-half revenue reached €8.163 billion, up 1.61% year-on-year, or 6% at constant exchange rates.
By region, European revenue rose 4.9% to €1.918 billion; Asian revenue fell 1.3% to €4.33 billion; and US revenue rose 8.9% to €1.585 billion. The group added more than 600 employees in the first half, including 300 in France. As of end-June 2026, total headcount was 27,100, with approximately 16,700 in France.
Second-quarter revenue was €4.094 billion, up 4.8% year-on-year, or 6.7% at constant exchange rates. Within the quarter, France grew 6.2%, Japan rose 12.3%, and the US increased 13.7%. The group said that despite global economic, geopolitical and currency uncertainties, it confirms its revenue growth target at constant exchange rates.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Luxury Goods, with intensity 50/100 and 85% confidence over a medium term horizon.
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