Dadelo (DAD) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached 143,330 thousand PLN, up 72.47% year-over-year, driven by both e-commerce and expanding stationary retail presence.

• Net profit for Q1 2026 was 8,340 thousand PLN, more than doubling from 3,374 thousand PLN in Q1 2025.

• The company continued its omnichannel strategy, with stationary stores contributing 33.02% of sales after opening a sixth store in Rzeszów.

Financial highlights

• Operating profit for Q1 2026 was 13,631 thousand PLN, up from 5,116 thousand PLN in Q1 2025.

• EBITDA margin improved to 11.58% from 8.11% year-over-year.

• Net cash flow from operating activities was 30,370 thousand PLN, compared to -43,124 thousand PLN in Q1 2025.

• Total assets increased to 458,028 thousand PLN from 281,322 thousand PLN year-over-year.

• Earnings per share for Q1 2026 were 0.71 PLN, up from 0.29 PLN in Q1 2025.

Outlook and guidance

• The company plans to open two more stationary stores in the second half of 2026, aiming for a total of 10 by year-end.

• Continued investment in IT and logistics automation is planned for the remainder of 2026.