Oponeo.pl (OPN) Q1 2026 earnings summary

Executive summary

• Revenue rose 41% year-over-year to 543,308 thousand PLN, with net profit surging to 12,709 thousand PLN from 1,392 thousand PLN a year earlier.

• Sales of tires increased by 28.3% and rims by 35.33% compared to Q1 2025.

• The group’s subsidiary Dadelo S.A. saw a 72.2% revenue increase, while Rotopino.pl S.A. experienced a 7.09% decline.

• The group plans to strengthen its e-commerce leadership in tires, expand bicycle sales, and further automate logistics.

Financial highlights

• Gross profit from sales reached 120,331 thousand PLN, up from 82,348 thousand PLN year-over-year.

• Operating profit was 21,477 thousand PLN, a significant increase from 1,446 thousand PLN in Q1 2025.

• EBITDA margin improved to 5.87%, and EBIT margin to 3.95%.

• Net cash from operating activities was 29,550 thousand PLN, compared to -91,346 thousand PLN a year earlier.

• Total assets grew to 1,392,926 thousand PLN, up 42.27% year-over-year.

Outlook and guidance

• The group expects continued growth in e-commerce, supported by favorable macroeconomic trends and rising consumer purchasing power.

• Plans include further expansion in the bicycle segment and ongoing investments in logistics automation.