All Brands Owned by IKEA

Who owns IKEA?
IKEA is owned by the Stichting INGKA Foundation, a Dutch foundation established by Ingvar Kamprad in 1982. The foundation owns INGKA Holding B.V., the parent company of Ingka Group, which is the largest IKEA retailer. The IKEA brand and concept are owned by Inter IKEA Systems B.V., which licenses them to IKEA franchisees worldwide. The Kamprad family maintains influence through this structure, and 85 percent of Ingka Group's net profit is reinvested in the business while 15 percent goes to the foundation to fund the IKEA Foundation's charitable work.

Is IKEA publicly traded?
No, IKEA is privately held through the Stichting INGKA Foundation. The company does not have public shareholders and is not listed on any stock exchange. This structure allows IKEA to take a long-term perspective and reinvest 85 percent of net profit back into the business without pressure from quarterly earnings expectations.

Who is the CEO of IKEA?
Juvencio Maeztu is the CEO and President of Ingka Group, the largest IKEA retailer. He succeeded Jesper Brodin on November 5, 2025. Maeztu is the first non-Swede to lead Ingka Group. He joined IKEA in 2001 as a store manager in Madrid and previously served as CEO of IKEA India and Deputy CEO and CFO of Ingka Group. Brodin served as CEO for 8 years and remains as senior advisor until end of February 2026.

Who founded IKEA?
IKEA was founded in 1943 by Ingvar Kamprad in Älmhult, Sweden. Kamprad started the company at age 17, initially selling small items by mail order before expanding into furniture. He developed the flat-pack concept that revolutionized furniture retailing and established the foundation ownership structure in 1982 to secure IKEA's long-term independence. Kamprad died in 2018 at age 91.

What is IKEA's revenue?
Ingka Group, the largest IKEA retailer, reported total revenue of EUR 41.5 billion for fiscal year 2025 (September 1, 2024 to August 31, 2025), a decrease of 0.9 percent from EUR 41.8 billion in FY24. IKEA Retail sales were EUR 39 billion. Operating income was EUR 1.5 billion, and net profit was EUR 1.4 billion, up from EUR 0.8 billion in FY24. The company invested over EUR 2.1 billion in lowering prices during the year.

How many people does IKEA employ?
Ingka Group employed 166,460 co-workers as of August 31, 2025, across its 31 markets. This figure includes employees in IKEA Retail, Ingka Investments, and Ingka Centres. The number is essentially unchanged from 166,732 in FY24. IKEA refers to its employees as "co-workers" and maintains a culture emphasizing equality, with 49.8 percent of management positions held by women in FY25.

How many IKEA stores are there?
Ingka Group operates approximately 390 IKEA stores across 31 markets, including traditional blue box stores, city stores, and other formats. The total number of IKEA stores globally is higher when including other franchisees, but Ingka Group represents 88 percent of IKEA retail sales. In FY25, IKEA expanded with new customer meeting points in Delhi, London, and Paris, and opened a digitally integrated mixed-use store at IKEA Shanghai Linkong.