NYSE$TKC
Turkcell Iletisim Hizmetleri AS · Q2 2026 earnings
Q2 2026 earnings · · Investor relations
Briefing
Turkcell reported consolidated revenue of TRY 71.8 billion for Q2 2026, up 2.5% year-on-year under IAS 29.
Turkcell İletişim Hizmetleri A.Ş. delivered steady growth in Q2 2026 with group revenue reaching TRY 71.8 billion. EBITDA was TRY 30.0 billion at a 41.8% margin, while net income was TRY 5.2 billion, down 5.7% YoY. The company maintained its full-year guidance despite revising inflation assumptions.
- Consolidated revenue grew 2.5% YoY to TRY 71,775 million.
- EBITDA margin at 41.8%, in line with full-year expectations of 40-42%.
- Net income declined 5.7% to TRY 5,235 million amid higher depreciation and finance costs.
- Mobile subscriber base exceeded 40 million with strong postpaid additions and Superbox FWA growth.
Headline financials
Revenue & EPS history
Turkcell · Revenue · Quarterly
₺1.5B
Forward guidance
Company maintains 2026 guidance of 5-7% real revenue growth, 40-42% EBITDA margin, and operational capex at ~25% of revenues, with revised inflation assumption of 28%.
Tailwinds
- Diversified business model supporting real growth
- Strong subscriber metrics and NPS improvement post-5G launch
Headwinds
- Higher 5G-related capex and depreciation impacting margins and EBIT
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+0.4%
Avg return
Earnings day
+0.6%
Avg return
5 days after
-3.3%
Avg return
30 days after
56%
32 / 57 earnings
Positive
+14.2%
Q3 2018
Best reaction
-12.0%
Q1 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q3 2026 | -0.5% | -2.1% | -0.5% | |
| Q4 2024 | +1.1% | -5.1% | -14.8% | |
| Q3 2023 | +5.7% | +7.3% | +15.3% | |
| Q2 2023 | -4.0% | +6.3% | +4.0% | |
| Q1 2023 | +0.2% | +0.0% | -6.6% | |
| Q4 2022 | +8.1% | -4.6% | -5.0% | |
| Q3 2022 | +5.3% | +8.9% | +19.1% | |
| Q2 2022 | +4.8% | +13.7% | +28.1% | |
| Q1 2022 | -8.9% | -8.9% | -21.7% | |
| Q4 2021 | +1.5% | -2.1% | -22.3% | |
| Q3 2021 | +3.8% | +4.6% | -11.1% | |
| Q2 2021 | +3.4% | +4.7% | +5.4% | |
| Q1 2021 | -4.9% | -5.1% | -1.7% | |
| Q4 2020 | +1.7% | -2.6% | -6.0% | |
| Q3 2020 | +7.3% | +9.0% | +8.8% | |
| Q2 2020 | -3.3% | -3.9% | -11.5% | |
| Q1 2020 | +1.6% | -1.4% | +5.9% | |
| Q4 2019 | -2.2% | -2.7% | -21.8% | |
| Q3 2019 | -4.6% | -1.6% | +3.5% | |
| Q2 2019 | -5.5% | -8.7% | -6.0% | |
| Q1 2019 | +1.7% | -1.5% | -4.4% | |
| Q4 2018 | -7.4% | -3.5% | -18.7% | |
| Q3 2018 | +14.2% | +16.7% | +22.1% | |
| Q2 2018 | +7.8% | +9.5% | -18.7% | |
| Q1 2018 | -0.3% | +0.9% | -20.2% | |
| Q4 2017 | +1.5% | -9.4% | -16.8% | |
| Q3 2017 | -2.9% | -1.2% | -2.9% | |
| Q2 2017 | +3.3% | -1.1% | +5.9% | |
| Q1 2017 | -1.0% | -1.5% | -4.2% | |
| Q4 2016 | +1.8% | +7.8% | +13.7% | |
| Q3 2016 | -1.5% | -3.2% | -17.8% | |
| Q2 2016 | -1.3% | -1.5% | -5.9% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | -3.7% | — | — | |
| Q3 2015 | +0.5% | — | — | |
| Q2 2015 | +0.3% | — | — | |
| Q1 2015 | -12.0% | — | — | |
| Q4 2014 | +0.1% | — | — | |
| Q3 2014 | -0.9% | — | — | |
| Q2 2014 | -3.5% | — | — | |
| Q1 2014 | +4.4% | — | — | |
| Q4 2013 | -5.8% | — | — | |
| Q3 2013 | +5.1% | — | — | |
| Q2 2013 | +2.6% | — | — | |
| Q1 2013 | -0.4% | — | — | |
| Q4 2012 | +2.0% | — | — | |
| Q3 2012 | +0.6% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2012 | -0.1% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2011 | -2.5% | — | — | |
| Q2 2011 | -0.4% | — | — | |
| Q1 2011 | +2.0% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q3 2010 | +3.2% | — | — | |
| Q2 2010 | -1.8% | — | — | |
| Q1 2010 | +3.2% | — | — | |
| Q3 2009 | — | — | — | |
| Q2 2009 | — | — | — | |
| Q1 2009 | — | — | — | |
| Q4 2008 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro