NYSE$JMIA
Jumia Technologies AG-ADR · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
Jumia reported Q1 2026 revenue of $50.6M (+39% YoY) and narrowed its adjusted EBITDA loss to $10.7M.
For the first quarter ended March 31, 2026, Jumia posted revenue of $50.6 million (+39% year over year, +28% constant currency) and GMV of $211.2 million (+31% reported, +32% adjusted for perimeter effects). Operating loss improved to $13.9 million from $18.7 million a year ago; adjusted EBITDA loss narrowed 32% to $10.7 million. Loss for the period was $17.7 million. Management reaffirmed full-year 2026 guidance for GMV growth of 27–32% and adjusted EBITDA loss of $25–30 million, with a goal of adjusted EBITDA breakeven and positive cash flow in Q4 2026.
- Revenue of $50.6M (+39% YoY) and GMV of $211.2M (+31% YoY; +32% adjusted for perimeter effects).
- Adjusted EBITDA loss narrowed 32% to $10.7M; operating loss improved 26% to $13.9M.
- Orders grew 31% and quarterly active customers rose 26% YoY; Nigeria GMV up 42%.
- Liquidity of $62.6M; net cash used in operating activities improved to $12.5M from $21.2M a year ago.
- Reaffirmed FY2026 GMV growth guidance of 27–32% and adjusted EBITDA loss of $25–30M.
Headline financials
Revenue & EPS history
Jumia · Revenue · Quarterly
$50.6M
Revenue by segment
Jumia · $35.9M total across 2 segments · Q1 2025
- Marketplace revenue$18.1M—50.4%
- First-party sales$17.8M—49.6%
Forward guidance
Management reaffirmed full-year 2026 guidance issued May 7, 2026: GMV growth of 27–32% YoY (adjusted for perimeter effects), adjusted EBITDA loss of $25–30 million, and a strategic goal of adjusted EBITDA breakeven plus positive cash flow in Q4 2026 and full-year profitability and positive cash flow in 2027. Q2 2026 GMV is projected to grow 27–32% YoY on the same basis.
Tailwinds
- Reaffirmed FY2026 GMV growth target of 27–32% and path to adjusted EBITDA breakeven in Q4 2026.
- Q1 execution supports mid-term profitability targets despite macro headwinds.
- Adjusted EBITDA loss guidance of $25–30M for the full year implies continued burn reduction.
Headwinds
- Memory chip and CPU price increases may pressure near-term phone pricing and supply chains.
- Middle East conflict could raise logistics and fuel costs with greater pressure expected in Q2 2026 if conditions persist.
- Company still guiding to a full-year adjusted EBITDA loss of $25–30M before reaching breakeven.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
-3.8%
Avg return
Earnings day
-5.2%
Avg return
5 days after
+2.8%
Avg return
30 days after
33%
9 / 27 earnings
Positive
+47.1%
Q4 2023
Best reaction
-27.3%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +6.1% | -0.3% | -2.4% | |
| Q4 2025 | -15.8% | -24.0% | -39.8% | |
| Q3 2025 | -4.1% | -3.9% | +15.9% | |
| Q1 2025 | +19.4% | +43.7% | +40.4% | |
| Q4 2024 | -27.3% | -33.5% | -36.3% | |
| Q3 2024 | -20.7% | -16.8% | -5.2% | |
| Q1 2024 | +19.4% | +9.9% | +45.3% | |
| Q4 2023 | +47.1% | +29.4% | +113.6% | |
| Q3 2023 | +1.9% | +9.5% | +31.4% | |
| Q2 2023 | -18.0% | -19.4% | -22.8% | |
| Q1 2023 | -10.1% | -13.9% | +5.0% | |
| Q4 2022 | -13.9% | -17.0% | -27.8% | |
| Q3 2022 | -5.7% | -13.3% | -28.3% | |
| Q2 2022 | +22.8% | +36.4% | +13.0% | |
| Q1 2022 | +20.4% | +21.5% | +9.0% | |
| Q4 2021 | +5.1% | +19.3% | +11.7% | |
| Q3 2021 | -22.6% | -23.9% | -36.7% | |
| Q2 2021 | -4.1% | -12.4% | -10.8% | |
| Q1 2021 | -1.5% | +10.8% | +25.9% | |
| Q4 2020 | -5.2% | -3.5% | -29.1% | |
| Q3 2020 | -19.0% | -8.2% | +136.3% | |
| Q2 2020 | -16.0% | -26.8% | -49.7% | |
| Q1 2020 | -21.0% | -23.5% | +5.2% | |
| Q4 2019 | -26.3% | -25.5% | -40.6% | |
| Q3 2019 | -8.6% | -17.6% | -18.0% | |
| Q2 2019 | -9.8% | -19.8% | -29.6% | |
| Q1 2019 | +4.5% | -18.7% | +1.0% | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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