Visualizing LEGO’s Revenue Growth (2003-2023)
[ABS News Service/26.10.2024]
With revenues of almost $10 billion in 2023, LEGO ranks as one of
the top toy companies in the world, ahead of competitors like Mattel and
Hasbro.
This graphic illustrates LEGO’s revenue growth from 2003 to 2023,
based on data compiled by Statista as of March 2024.
LEGO is a privately held company owned by Kirkbi
A/S (75%) and the LEGO Foundation (25%). Kirkbi A/S
is the holding and investment company of the Kristiansen family (LEGO was founded
by Ole Kirk Christiansen in 1932).
Bestselling products include LEGO City, which offers
child-friendly sets for building train stations and helicopters, as well as
popular themes like Harry Potter, Star Wars, and LEGO Technic.
In addition to its famous brick toys, the company also distributes
video games and online games. LEGO co-owns a chain of 10 LEGO-themed parks
worldwide in partnership with Merlin Entertainments.
In 2021, the Danish company saw a surge in sales as
families turned to its plastic bricks for entertainment during pandemic
lockdowns.
|
Year |
Revenue (USD) |
|
2003 |
$1B |
|
2004 |
$890M |
|
2005 |
$1B |
|
2006 |
$1.2B |
|
2007 |
$1.3B |
|
2008 |
$1.5B |
|
2009 |
$1.8B |
|
2010 |
$2.4B |
|
2011 |
$2.8B |
|
2012 |
$3.4B |
|
2013 |
$3.7B |
|
2014 |
$4.3B |
|
2015 |
$5.3B |
|
2016 |
$5.6B |
|
2017 |
$5.2B |
|
2018 |
$5.3B |
|
2019 |
$5.8B |
|
2020 |
$6.5B |
|
2021 |
$8.1B |
|
2022 |
$9.6B |
|
2023 |
$9.8B |
By 2023, the LEGO Group employed over 25,000 full-time staff members
globally. Since 2018, the company’s workforce has grown by approximately 10,000
people.