Quarterly ResultJul 31, 2026, 06:51 AM
Kyivstar Q2 Revenue +19.3%; Digital Rev +83.0%; Raises 2026 Outlook
AI Summary
Kyivstar Group Ltd. reported strong financial and operational results for Q2 2026, with total revenue climbing 19.3% to $339 million and digital revenue soaring 83.0% to $74 million. The company's EBITDA increased 13.7% to $188 million, driven by robust growth across telecommunications and digital platforms. Kyivstar also raised its full-year 2026 revenue and EBITDA outlook, reflecting sustained momentum and strategic advancements including the acquisition of solar power plants and expansion of its Uklon mobility platform into new services and autonomous testing.
Key Highlights
- Total revenue increased 19.3% YoY to $339 million in Q2 2026.
- Digital revenue surged 83.0% YoY to $74 million, representing 21.7% of total revenue.
- EBITDA rose 13.7% YoY to $188 million in Q2 2026, with a 55.4% margin.
- Net profit for Q2 2026 was $77 million, including a $21.2 million non-cash warrant loss.
- Mobile ARPU increased 11.2% YoY to $3.9, and multiplay customers grew 23.6% YoY to 8.1 million.
- Acquired six solar power plants for $80.8 million, expanding total solar capacity to 118 MW.
- Raised 2026 revenue outlook to 14%-16% (USD) and EBITDA outlook to 9%-12% (USD).
- Uklon launched Uklon Store, agreed to acquire E-wings, and began autonomous vehicle testing.
Price Impact
More from KYIV