Quarterly ResultMay 7, 2026, 07:01 AM
Jumia Q1 Revenue +39% to $50.6M; Adj. EBITDA Loss Narrows 32%
AI Summary
Jumia reported strong first-quarter 2026 results, with revenue increasing 39% year-over-year to $50.6 million and GMV growing 32% (adjusted for perimeter effects) to $211.2 million. The company significantly narrowed its Adjusted EBITDA loss by 32% to $10.7 million, reflecting continued progress toward profitability. Jumia reaffirmed its full-year 2026 guidance, aiming for Adjusted EBITDA breakeven and positive cash flow in Q4 2026, and full-year profitability in 2027, despite navigating an evolving international environment.
Key Highlights
- Revenue increased 39% YoY to $50.6 million (28% in constant currency).
- GMV grew 32% YoY (adjusted for perimeter effects) to $211.2 million.
- Adjusted EBITDA loss narrowed 32% YoY to $10.7 million.
- Operating loss decreased 26% YoY to $13.9 million.
- Gross profit rose 48% YoY to $29.4 million.
- Quarterly Active Customers increased 26% YoY to 2.5 million.
- Physical goods Orders grew 31% YoY to 5.9 million.
- Reaffirmed 2026 guidance: GMV growth 27-32%, Adjusted EBITDA loss $25-30 million.