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OTTO

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Overview

About OTTO

Simplify's Rating
Why OTTO is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Defense

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Carpentersville, Illinois

Founded

1961

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Simplify's Take

What believers are saying

  • Otto Group kept revenue stable at 13.8 billion euros in May 2026.
  • Active customers reached 42 million worldwide, strengthening marketplace liquidity.
  • Otto's cost cuts lifted profit to 312 million euros after tax in 2025/26.

What critics are saying

  • Otto cut 460 Hamburg jobs in February 2026 to remove 110 million euros costs.
  • EOS faced a January 2026 court ruling over illegal collection fees.
  • Zalando bought About You in July 2025, shrinking Otto's scale and brand reach.

What makes OTTO unique

  • Otto.de GMV grew 6% to 7.5 billion euros in 2025/26.
  • Otto Group posted 641 million euros EBIT in May 2026.
  • Strategy 2030 focuses on technology, AI, and platform-scale economics.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Profit Sharing

Paid Vacation

10 Paid Holidays

Company News

PR Newswire
Jun 13th, 2024
AAR expands electronics distribution relationship with OTTO Engineering, Inc.

AAR expands electronics distribution relationship with OTTO Engineering, Inc.

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