StockWatch
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Telecommunications Equipment
Quarterly ResultJul 31, 2026, 12:05 AM

Kyivstar Q2 Revenue +19.3% to $339M; Raises 2026 Outlook

AI Summary

Kyivstar Group Ltd. reported strong financial and operating results for the second quarter and half-year ended June 30, 2026, leading to a raised full-year 2026 outlook. Total revenue increased 19.3% YoY to USD 339 mn, with digital revenue surging 83.0% YoY to USD 73.7 mn. EBITDA grew 13.7% YoY to USD 188 mn, and equity free cash flow expanded 32.2% YoY to USD 104 mn. The company now expects 2026 USD revenue growth of 14%–16% and EBITDA growth of 9%–12%, while continuing strategic investments in network resilience and digital ecosystem expansion.

Key Highlights

  • Total revenue rose 19.3% YoY to USD 339 mn (UAH 14.9 bn).
  • Digital revenue advanced 83.0% YoY to USD 73.7 mn, representing 21.7% of total revenue.
  • EBITDA increased 13.7% YoY to USD 188 mn, producing a 55.4% margin.
  • Net profit totaled USD 77 mn and EPS USD 0.33.
  • Equity free cash flow expanded 32.2% YoY to USD 104 mn.
  • Raised 2026 revenue outlook to 14%–16% growth (prior: 11%–14%).
  • Raised 2026 EBITDA outlook to 9%–12% growth (prior: 7%–10%).
  • Acquired six solar power plants (105 MW combined) for USD 80.8 mn.