Lithuanian company revenue grew 7% in 2025, Lifosa and Vinted lead growth

Lithuanian companies collectively achieved a notable 7% increase in revenue in 2025, reaching 152.2 billion euros, a significant rise from 142.7 billion euros in 2024, according to an analysis by the Center of Registers.

Nearly half of the companies that submitted financial reports saw their revenues grow. However, the economic landscape was not uniformly positive. Approximately one-third of companies reported lower turnover compared to the previous year, and about a fifth declared no revenue or stagnant figures. Certain sectors, including catering, clothing manufacturing, transport, construction, and energy, encountered difficulties attributed to geopolitical instability and global commodity market volatility.

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Last year did not spare challenges for some sectors – sectors dependent on the geopolitical situation and global commodity market turbulence recorded a certain decline, catering or clothing sewing sectors continued to face difficulties, and individual transport, construction or energy sector companies recorded poorer results. Despite this, the overall result of all companies operating in the country last year was not bad.

The fertilizer manufacturer "Lifosa" from Kėdainiai, which returned to full operational capacity, and the rapidly expanding Lithuanian "unicorn" "Vinted" demonstrated the most substantial year-on-year revenue growth. Major retail chains also reported significant income increases. Conversely, "Orlen Lietuva," heavily reliant on global commodity markets, and "Thermo Fisher Scientific Baltics," influenced by international market shifts, recorded the largest revenue declines. Several companies in the construction, road construction, and transport sectors also experienced notable decreases in turnover.

Furthermore, the analysis revealed that profitability remained strong, with 47% of companies reporting pre-tax profits in 2025, a slight decrease from 55% in the previous year. Less than a quarter of companies operated at a loss, down from 23% in the prior year. Profitable companies collectively earned 15 billion euros in pre-tax profit, up from 13.2 billion euros in 2024. Total pre-tax losses for companies submitting reports amounted to 2.1 billion euros in 2025, a significant reduction from 6.1 billion euros the previous year. The list of most profitable companies includes well-known names like "Vilniaus prekyba," "Tesonet Global," and "Thermo Fisher Scientific Baltics," while "Enefit" and "Ignitis renewables" from the energy sector were among those reporting the largest losses.

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The largest revenue jump in a year was demonstrated by the Kėdainiai fertilizer manufacturer "Lifosa", which returned to full operational capacity last year, as well as the rapidly expanding Lithuanian "unicorn" "Vinted", major retail chains also recorded significant revenue growth.