Turnover amounted to 19.8 billion euros during the period February to July, compared to 18.4 billion euros during the same period last year. This represents an increase of 7.6 percent. Operating profit landed at 3.8 billion euros, up from previous 3.6 billion euros.
Restructuring towards e-commerce
A review of the report shows that Inditex continues to transform its sales strategy.
As of July 2026, the company had a total of 5,444 physical stores, a decrease of 84 stores compared to the 5,528 stores in operation at the same time in 2025. Flagship Zara has closed 47 stores and now operates 1,487 units.
At the same time, the group is expanding its low-price concept Lefties, which increased from 210 to 223 stores.
To connect physical retail with the company's e-commerce, new systems are now being rolled out, which the company comments on in the report:
Optimization of stores is ongoing and we expect this to drive further increases in store productivity.
The company is also developing the technology investments being made in the stores to integrate the channels:
The new soft tag technology has now been implemented in all our stores. This will form the basis for us to continue driving the digitization of the stores and their integration with online platforms in the coming years.
Debts, cash and lease agreements
The balance sheet shows that Inditex has financial debts of 111 million euros. The company's net cash amounts to 4.4 billion euros. If short-term investments are also included, the total net cash amounts to 10.4 billion euros, an increase of 4 percent.
Operating costs increased during the period by 8.3 percent, partly explained by the premises.
Including all costs for lease agreements, operating costs grew by 0.5 percentage points more than sales growth, the company writes.