v3.25.4

Financial Assets and Liabilities - Schedule of Finance Income and Finance Expenses (Detail) - EUR (€) € in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Finance income |  |  |
Interest income | € 15,301 | € 14,361 | € 16,857
Remeasurement gain of financial liabilities | 20,469 | 11,248 | 14,654
Foreign exchange translation (net) | 78,229 | 0 | 12,346
Total finance income | 113,999 | 25,609 | 43,857
Finance expenses |  |  |
Interest expenses | 80,647 | 65,504 | 44,065
Remeasurement loss of financial liabilities | 126,040 | 7,374 | 0
Foreign exchange translation (net) | 0 | 27,149 | 0
Total finance expenses | € 206,687 | € 100,027 | € 44,065

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