Westwing Achieves Strong EBITDA Growth in Q2 2025

Westwing Group SE reported a significant increase in adjusted EBITDA for Q2 2025, climbing 61% year-over-year to EUR 6 million. This growth was achieved despite a 3.6% decline in Gross Merchandise Volume (GMV) due to a refined product assortment. The adjusted EBITDA margin improved by 2.6 percentage points to 6.3%.

The Westwing Collection saw notable growth, increasing its GMV share to 65%. However, free cash flow was negative at EUR -5 million, with net cash standing at EUR 50 million at the end of June 2025. The company also expanded its reach, launching in eight new countries and opening new stores.

Despite a revenue decline of 6.1% year-over-year, Westwing remains optimistic, maintaining its FY 2025 guidance and anticipating a return to higher growth in 2026.