Vinted posted revenue of £956m in 2025, up 38 per cent year on year, while gross merchandise value rose 47 per cent to £9.4bn.

Despite the positive uplift in revenue, net profit fell to £53.9m from £66.9m in 2024, with the resale platform saying earnings were hit by investment in Germany, new categories and launches in additional markets.

The marketplace said core fashion remained strong, particularly in women’s and childrenswear, while growth was also driven by expansion into newer categories including sports equipment, collectables, electronics and homeware.

Vinted added three new European markets in 2025, launching in Latvia, Estonia and Slovenia. It has since moved into the US, with a launch in January marking its first expansion outside Europe.

The business is also continuing to build out its infrastructure. Vinted said its delivery partner network now gives users access to more than 500,000 pick-up and drop-off points across Europe.

Its in-house logistics arm, Vinted Go, launched in Spain and Portugal during 2025, opened a new sortation centre in France and now operates carrier services in five markets: Belgium, France, the Netherlands, Portugal and Spain.

At the same time, Vinted Pay has started rolling out its own wallet solution, which the group said should reduce payment-related costs and dependencies over time.

Chief executive Thomas Plantenga said the company’s focus remained on making second-hand trade cheaper, easier and more reliable, with further investment in shipping, payments and product improvements intended to strengthen the platform’s long-term economics.