Quarterly ResultMay 12, 2026, 09:17 AM
Turkcell Q1 Revenue +8.9% to TRY 68.4B; Net Income +14.9% to TRY 4.6B
AI Summary
Turkcell reported Q1 2026 consolidated revenues of TRY 68.4 billion, an 8.9% year-on-year increase, with net income growing 14.9% to TRY 4.6 billion. The company launched 5G services across 81 provinces and secured a USD 1 billion Murabaha syndicated loan to support 5G and next-generation technology investments. Additionally, the Annual General Assembly approved a gross dividend distribution of TRY 8.8 billion (TRY 4.00 per share) for the 2025 fiscal year, payable on December 9, 2026.
Key Highlights
- Annual General Assembly approved TRY 8.8 billion gross dividend (TRY 4.00 per share) for 2025.
- Secured a USD 1 billion Murabaha syndicated loan with 7-year maturity for 5G investments.
- Q1 2026 consolidated revenue increased 8.9% YoY to TRY 68.4 billion.
- Q1 2026 net income grew 14.9% YoY to TRY 4.6 billion.
- EBITDA increased 3.2% to TRY 28.3 billion, with an EBITDA margin of 41.4%.
- Turkcell Türkiye revenues rose 8.6% to TRY 61.9 billion, driven by corporate revenues.
- Techfin segment revenues grew 4.0% to TRY 3.7 billion, led by Paycell.
- Added 661 thousand mobile postpaid and 36 thousand fiber net subscribers in Q1 2026.