NYSE$JMIA

Jumia Technologies AG-ADR · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Jumia reported strong GMV and revenue growth while significantly reducing operating losses.

In Q4 2025, Jumia delivered strong top-line growth driven by higher GMV and orders, while materially reducing operating and EBITDA losses as cash burn improved.

  • Revenue grew strongly year over year driven by marketplace momentum
  • GMV growth accelerated with higher customer engagement
  • Operating losses narrowed significantly compared with last year
  • Cash burn declined materially during the quarter

Headline financials

Total Revenue

$61.4M

Previous: $45.7M+34.4%
EPS (adj)

-$0.06

Previous: $999.00-100.0%
TPV

$81.4M

Previous: $59M+38.0%
TPV as % of GMV

29.0%

No prior period
Gross profit as % GMV

12.2%

No prior period
Fulfillment cost per order

$1.97

No prior period
Physical goods orders

7.5M

No prior period
GMV

$280M

Previous: $206M+35.6%
Net Income

-$9.7M

Previous: -$19.5M+50.3%
Operating Income

-$10.6M

Previous: -$17.3M+38.7%
Gross Profit

$34.2M

Previous: $23.9M+43.1%

Revenue & EPS history

Jumia · Revenue · Quarterly

$61.4M

Q4 2025+34.4%vs Q4 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Jumia · $35.9M total across 2 segments · Q1 2025

  • Marketplace revenue
    $18.1M
  • First-party sales
    $17.8M

Forward guidance

For 2026, Jumia expects continued strong GMV growth and further reductions in losses, targeting Adjusted EBITDA breakeven by Q4 2026.

Tailwinds

  • Expected GMV growth of 27% to 32% year over year
  • Improving operating leverage as volumes scale
  • Better working capital dynamics
  • Focus on core markets with stronger profitability
  • Path to Adjusted EBITDA breakeven by Q4 2026

Headwinds

  • Ongoing macroeconomic and currency volatility
  • Seasonal cash outflows expected in early 2026
  • One-time costs related to exiting Algeria
  • Continued investment needs in logistics and technology
  • Execution risk in scaling profitability

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 Q4 2025

Historical avgQ4 2025

-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

Earnings price reactions
QuarterReport dateReaction (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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