The company gave over $150 million to anti-hate groups from Yeezy sales last year, though North American revenue dropped 16% in part due to "negative Yeezy impact."
They previously collaborated on a jersey for the Toronto Maple Leafs.
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"We lost that business, one of the most successful collabs in history. Very sad," the Adidas boss says in a new podcast.
The first sale unloaded roughly 20% to 25% of the Yeezy sneakers that were left stacked up in warehouses.
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With a streaming rebound and reported strong sales for Adidas' Yeezy relaunch, many consumers seem willing to overlook Ye's antisemitic comments.
A portion of the profits will be donated to social justice organizations including the Anti-Defamation League.
It's the latest twist in recently-revealed litigation stemming from the split between the German sneaker giant and the embattled hip-hop star.