Kaspi.kz Q1 2026 Earnings Report Highlights Growth in Revenue and Adjusted EBITDA

Kaspi.kz (KSPI) reported a 31% year-over-year increase in consolidated revenue for Q1 2026, driven by broad platform growth. Adjusted EBITDA rose 9%, signaling profitable expansion despite net income remaining flat due to higher funding costs and COGS from Hepsiburada consolidation.

By Motley Fool Transcribing · Motley Fool · May 11, 2026, 17:09 UTC

Tickers: $KSPI

Topics: dividend_recommendation ebitda gmv_growth net_income revenue take_rate

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