Bike24 (BIKE) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 30% YoY to a record €107.7m; adjusted EBITDA increased 14% to €6.1m, with growth across product groups and European markets.

• Q3 result was income of €0.8m versus €1.7m in Q3 2025; 9M result was a loss of €0.8m versus a loss of €2.2m.

Financial highlights

• 9M revenue rose 24.3% to €274.5m; gross profit increased 22.1% to €72.1m and contribution profit rose 17.9% to €44.2m.

• Q3 gross profit was €27.8m, up 24.3%; contribution profit was €16.9m. 9M adjusted EBITDA rose 25.1% to €13.7m.

• 9M EBIT improved to €0.7m from a €2.2m loss; net finance expense declined to €1.9m from €3.2m.

Outlook and guidance

• FY 2026 revenue guidance was raised to €345m–€360m, representing 19%–25% growth; adjusted EBITDA guidance narrowed to €16m–€18m.

• Guidance assumes stable consumer, supply-chain and shipping conditions; internationalisation, product mix and geopolitical developments affect the adjusted EBITDA outlook.

• October began with double-digit growth; Black Week and Christmas trading remained ahead, with peak-period demand uncertain.