-+ 0.00%
-+ 0.00%
-+ 0.00%

Kaspi.kz 1Q26 net income falls 1% to KZT 252 billion; revenue rises 31% to KZT 1.1 trillion

PUBT·05/11/2026 10:55:26
Listen to the news
Kaspi.kz 1Q26 net income falls 1% to KZT 252 billion; revenue rises 31% to KZT 1.1 trillion
  • Kaspi.kz revenue rose 31% year-over-year to KZT 1.1 trillion in 1Q 2026, while net income slipped 1% to KZT 252 billion.
  • Adjusted EBITDA climbed 9% to KZT 368 billion, as e-commerce GMV increased 41% to KZT 1.3 trillion and purchases grew 43%.
  • E-commerce revenue jumped 58% to KZT 394 billion, while advertising and delivery revenue climbed 73%.
  • Payments TPV increased 14% to KZT 11.4 trillion, while fintech revenue rose 25% to KZT 430 billion even as TFV fell 2%.
  • Board recommended a quarterly dividend of KZT 850 per ADS, representing a 64% payout ratio; CEO Mikheil Lomtadze said Türkiye now represents 50% of e-commerce GMV and the company reiterated full-year 2026 guidance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kaspi.kz AO published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605110655PRIMZONEFULLFEED9717322) on May 11, 2026, and is solely responsible for the information contained therein.