L'Oréal’s New Annual Report is Now Available Online

L'Oréal Annual Report 2025 | L'Oréal Finance
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L’Oréal around the world
Leading the future of beauty
Research & Innovation and the new frontiers of beauty
Beauty Tech acceleration with AI
Operations: driving value chain excellence
Championing environmental & social progress
Homepage
Chairman’s message
CEO interview
Our fundamentals
Our Purpose
Strategy
Transformation
Governance
Ethics
People
Our brands
Global brands
Consumer Products
Luxe
Dermatological Beauty
Professional Products
Performance
Beauty market
Value creation
Financial performance
Environmental & social highlights
L’Oréal around the world
Leading the future of beauty
Research & Innovation and the new frontiers of beauty
Beauty Tech acceleration with AI
Operations: driving value chain excellence
Championing environmental & social progress
The Essentials - 2025 Annual Report
2025 Universal Registration Document
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No. 1 in beauty
worldwide
Innovation in action
Message from Jean-Paul Agon
Chairman of the Board of Directors of L’Oréal
"The strength of the L’Oréal model lies within us, more vibrant than ever. It charts our course, with consistency and loyalty to our values."
Read the message
Interview with Nicolas Hieronimus
Chief Executive Officer of L'Oréal
"2025 was a defining year for L’Oréal: we delivered strong results regardless of the context, while profoundly transforming the Group."
Watch now
2025: A year of unwavering performance
€44.05 Bn 44.05 billion euros
Sales in 2025
+ 4.0%
Growth, outpacing the global beauty market
~3.5%
Global beauty market growth
In 2025, L’Oréal outperformed the beauty market, fuelled by continuous innovation, supported by its AI-powered business transformation, and complemented by milestones in environmental and social responsibility.
1 focus
Beauty, nothing but beauty and all beauty
Financial performance
>65 K
employees upskilled on generative AI
Discover our transformation
1.6 m
jobs supported worldwide
Value creation in action
100%
renewable energy achieved
Environmental & social progress
4 Divisions. 40 Brands. Unrivalled portfolio.
Consumer Products
+3.5%
growth in Division sales
(€16.1 Bn) 16.1 billion euros
Luxe
+2.8%
growth in Division sales
(€15.6 Bn) 15.6 billion euros
Dermatological Beauty
+5.5%
growth in Division sales
(€7.2 Bn) 7.2 billion euros
Professional Products
+7.5%
growth in Division sales
(€5.2 Bn) 5.2 billion euros
Our 40 global brands
Beauty’s new conquests
In 2025, the Group set out to conquer influential consumer clusters and new frontiers of beauty.
Learn about our strategy
Taking beauty further, faster
Research & Innovation and the new frontiers of beauty
Born from science, L’Oréal has been driven by a culture of innovation since its inception. Today, our Research and Innovation teams are augmented by tech and AI, coupled with unparalleled investment in beauty research. Every day, our 4,000 scientists create breakthrough beauty innovations with the best quality and safety standards. Leveraging our advanced research into skin, hair and scalp, we identify and develop high-performance beauty actives that prioritise sustainability. By crafting elevated and unique formulas, we ensure our innovations meet the global diversity of beauty expectations.
Read more
Beauty Tech acceleration with AI
Technology is transforming the beauty landscape, expanding consumer awareness and appetite for increasingly sophisticated, tailored beauty routines. Through Beauty Tech, L’Oréal is delivering a new generation of beauty powered by tech, continuously reinventing the consumer journey with new touchpoints, adapted content, new services and growth channels. In parallel, tech and AI are empowering our employees across the world with augmented capabilities from innovation to operational excellence.
Read more
Operations: driving value chain excellence
As the beauty backbone of the Group, Operations teams transform innovation into tangible beauty, with an unwavering commitment to quality, safety and performance. Our 22,800 employees worldwide design innovative packaging, source responsibly, manufacture with excellence and serve our customers with agility, in line with L’Oréal’s environmental and social ambitions.
Read more
Championing environmental & social progress
From addressing the impacts of climate change and safeguarding natural resources, to championing circularity and building community resilience, our actions are anchored in the latest environmental science and underpinned by a profound sense of responsibility and a desire for constant improvement.
Read more
R&I
Beauty Tech
Operations
Sustainability
Research & Innovation and the new frontiers of beauty
Born from science, L’Oréal has been driven by a culture of innovation since its inception. Today, our Research and Innovation…
Read more
Beauty Tech acceleration with AI
Technology is transforming the beauty landscape, expanding consumer awareness and appetite for increasingly sophisticated, tailored beauty routines. Through Beauty Tech, L’Oréal is…
Read more
Operations: driving value chain excellence
As the beauty backbone of the Group, Operations teams transform innovation into tangible beauty, with an unwavering commitment to quality,…
Read more
Championing environmental & social progress
From addressing the impacts of climate change and safeguarding natural resources, to championing circularity and building community resilience, our actions…
Read more
L'Oréal in a flash
Watch video
Take a closer look into our world of beauty across every category, Division, and our key environmental commitments in under two minutes.
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Video transcript: L'Oréal in a flash
Beauty is our inspiration
Beauty is our vocation
No.1 beauty group worldwide*
*Beauty's Top 100, WWD, April 2025
More than 7 billion products sold worldwide
€44 billion in sales*
*at 12/31/2025
+4% growth in sales*
*at 12/31/2025, like-for-like: based on a comparable structure and identical exchange rates
€200 billion market cap company worldwide*
*as of February 16th 2026
Beauty for all and for each is our goal
40 global beauty brands
In more than 150 countries
Cutting-edge products
For all generations
Beauty is our expression
4 th largest advertiser worldwide
Over 120 million uses of our Beauty Tech services*
*across 66 countries and 31 brands at 12/31/2025
No.1 in advocated media
*with a 26,4% share of beauty influence
30% of sales in e-commerce*
* at 12/31/2025
Beauty is our science
4,000 scientists
Over 8,000 digital, tech & data experts
More than €1.3 billion investment in R&I*
*Research & Innovation, in 2025
725 patents filed*
*in 2025
Beauty Tech is our new frontier
Powered by AI
8 innovation awards*
*at CES 2026
N°1 Europe’s most innovative company*
Fortune’s ‘Europe’s Most Innovative Companies’ ranking of 300 companies across all sectors in 2025
Beauty is our passion
Over 95,000 dedicated and talented people
Top 10 of the most attractive companies for students*
*Universum ranking, Business schools for the 5 th year
Beauty is our responsibility
100% renewable energy reached for our sites and stores*
*end 2025 operated sites excluding safety and security installations. Stores holding their own direct electricity supply contracts.
Top 1% of the highest-rated companies worldwide on its environmental and social responsibility*.
*rated by the agency EcoVadis on four major themes: Environment, Ethics, Labor and Human Rights, and Sustainable Procurement. (+100,000 companies assessed)
Leader in tackling climate change, protecting forests and ensuring water secu…

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