Whatco

IKEA

Home furnishing retail and supply (franchise system) · Netherlands

IKEA is a franchise system: Inter IKEA owns the brand and supplies the range, while 13 franchisee groups, mainly Ingka, run the stores.

What makes it different

Both IKEA companies are owned by foundations, not people.

85%Ingka net profit reinvestedFY2025

Inter IKEA Foundation owns the franchisor and the INGKA Foundation owns the biggest franchisee, so profit is either reinvested or goes to charitable giving.

How big it is

How big is IKEA?

€44.6BIKEA retail salesFY2025
915MStore visitsFY2025
222,000Co-workersFY2025
How it makes money FY2025

A franchise system, not one company.

  • Sales of goods to franchisees95%€24.9B
  • Franchise fees5%€1.3B
  • Other income1%€0.1B
How the business works

Concept owner, franchisees, stores.

  1. 1One brand, 13 franchisee groups
  2. 2Range sold wholesale to them
  3. 3Stores, online, small formats

The brand owner earns twice: wholesale margin on the range plus a 3% fee on franchisee sales.

Who owns it
  • Inter IKEA Foundation (Liechtenstein)100%
  • Stichting INGKA Foundation (Netherlands)100%

CEO: Jakub Jankowski

Who it competes with
JYSKXXXXLutzWWayfairAmazonThe Home Depot
Key moments
  1. 1943IKEA registered as a trading company
  2. 1948Furniture added to the range
  3. 1953First furniture showroom opens
  4. 1958First IKEA store opens in Älmhult
  5. 1965Kungens Kurva store opens near Stockholm
Sources

Every number on this page comes from IKEA's own reports.

Full profile

The rest of the story is in the app.

What IKEA tracks30 metrics
IKEA store visits
IKEA stores
IKEA retail markets
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from3 regions
Europe
Americas
Asia Pacific
The full timeline16 moments
2022
2025
2026
IKEA vs JYSKside by side
Revenue
Profit
People
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