New Balance hits $9.2B revenue in 2025, eyes $10B in 2026
New Balance is on track to reach $10 billion in annual revenue by 2026, following 2025 sales that climbed 19% YoY to $9.2 billion — the brand’s fifth consecutive year of double-digit growth, nearly doubling revenue since 2020’s $3.3 billion. North America grew 20% and Europe surged 30%. Global apparel and direct-to-consumer revenues each exceeded $1 billion for the first time. CEO Joe Preston credited premium positioning, domestic manufacturing in the U.S. and U.K., and strategic retail expansion. New Balance opened 80 new stores in 2025.
Related reading: The sneaker boom had a long run. Now some analysts say it’s over