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Voi Technology (VOI) investor relations material
Voi Technology Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 53% YoY to €88.2m; 53.2m rides were delivered, nearly half the total for 2025. Adjusted EBIT more than doubled to €21.9m.
Fleet expansion and higher revenue per vehicle supported growth, with active vehicles up 40% and revenue per vehicle per day up 10% YoY.
Financial highlights
Q3 net revenue was €88.2m (€57.5m); EBIT €16.9m (€8.1m); adjusted EBITDA €31.0m (€16.4m); adjusted EBIT €21.9m (€9.4m).
Q3 net profit increased to €11.1m from €7.0m; 9M net profit was €0.6m versus a €1.8m loss.
9M net revenue rose 48% YoY to €193.3m; adjusted EBITDA reached €48.9m (€24.1m), and adjusted EBIT €24.6m (€5.8m).
Q3 operating cash flow increased 69% YoY to €33.4m; 9M operating cash flow was €47.6m (€24.1m).
Outlook and guidance
Management said internally generated cash flows are nearing the point of fully funding annual growth capex.
London’s Transport for London tender is expected next year; Berlin and several other large German cities may move to tenders over the coming year.
Fleet growth and rising rider demand are expected to support continued expansion; Paris operations are stable and fleet expansion is matching demand.
- Record Q2 revenue and profitability with strong growth in France and improved leverage.VOI
Q2 2026 - Record revenue and rider growth achieved despite challenging winter conditions.VOI
Q1 2026 - Record revenue and ride growth, with strong expansion and improved profitability in 2025.VOI
Q4 2025 - Q3 revenue up 34% YoY, record cash flow, and major Paris contract drive future growth.VOI
Q3 2025 - Q2 revenue up 29% with record fleet growth, Paris contract win, and rising profitability.VOI
Q2 2025 - Record Q1 revenue and margin gains position Voi for profitable growth in 2025.VOI
Q1 2025 - First-ever Adjusted EBIT profitability reached, with strong revenue and margin gains in 2024.VOI
Q4 2024
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