Quarterly ResultAug 12, 2026, 09:32 AM
Kaspi.kz H1 2026 Revenue Up 22.5% to KZT 2.19T; Net Income Flat
AI Summary
Kaspi.kz reported its interim condensed consolidated financial results for the first half of 2026, with revenue increasing by 22.5% to KZT 2.19 trillion. Despite strong revenue growth, net income remained largely flat at KZT 510.8 billion, and basic earnings per share saw a minor decrease. The company also declared significant dividends and initiated a share buyback program during the period.
Key Highlights
- Revenue for H1 2026 increased 22.5% to KZT 2,192.8 billion from KZT 1,789.4 billion in H1 2025.
- Net income for H1 2026 was KZT 510.8 billion, a slight decrease of 0.37% from KZT 512.7 billion in H1 2025.
- Basic earnings per share for H1 2026 decreased to KZT 2,665 from KZT 2,675 in H1 2025.
- Adjusted EBITDA grew 6.9% to KZT 765.1 billion in H1 2026 from KZT 715.4 billion in H1 2025.
- Marketplace segment revenue rose 27.2% to KZT 1,028.0 billion in H1 2026.
- Fintech segment revenue increased 23.9% to KZT 884.5 billion in H1 2026.
- Dividends declared amounted to KZT 323.2 billion in H1 2026.
- A share buy-back program of KZT 28.4 billion was executed in H1 2026.
Price Impact
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