Jumia Technologies AG (JMIA)
NYSE:JMIA
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.08Last Year’s EPS
-0.12Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced strong top‑line growth, expanding monetization and meaningful operating leverage against lingering losses, seasonal cash burn, and near‑term supply and macro headwinds (chip price pressure, fuel increases, and a localized demand shock in Ivory Coast). Management reiterated guidance and a clear path to adjusted EBITDA breakeven in Q4 '26 and full‑year profitability in 2027, highlighting ongoing structural cost reductions, AI‑driven efficiency and marketplace scaling. On net, the operational momentum (robust GMV, revenue, gross profit expansion, improved unit economics and country‑level outperformance) materially outweighs the short‑term negatives tied to macro disruptions and noncash FX swings.Company Guidance
Strong GMV and Order Growth
GMV grew 32% year‑over‑year (adjusted for perimeter effects); physical goods orders grew 31% year‑over‑year. Growth was broad‑based across core markets and categories, supporting the company’s marketplace flywheel.
Revenue and Marketplace Upside
Total revenue was $50.6M, up 39% year‑over‑year (28% constant currency). Marketplace revenue was $27.0M, up 50% YoY (35% cc); third‑party sales were $23.2M, up 45% YoY (31% cc).
Improving Profitability Metrics
Adjusted EBITDA loss narrowed to $10.7M from $15.7M in Q1 '25 (underlying adjusted EBITDA would have been $9.7M excluding Algeria exit costs), reflecting material operating leverage and structural cost improvements.
Gross Profit and Margin Expansion
Gross profit rose to $29.4M, up 48% YoY (33% cc). Gross profit margin expanded by 160 basis points to 13.9% from 12.3%, driven by higher take rates, commission increases and improved monetization.
Monetization Gains in Higher‑Margin Services
Marketing & advertising revenue increased 44% YoY (to $2.2M) and value‑added services revenue nearly tripled to $1.7M (from $0.6M), indicating stronger seller adoption of ads and warehousing services.
Unit‑Cost Improvements and Fulfillment Efficiency
Fulfillment cost per order was $2.06, flat in reported dollars but down 10% YoY on a constant currency basis, reflecting productivity gains, automation and better logistics partner rates.
Customer Engagement and Retention Strengthening
Quarterly active customers rose 25% YoY (adjusted). Repeat purchase behavior improved: 47% of new customers from Q4 '25 made a repeat purchase within 90 days (vs 45% in Q4 '24). Average order value for physical goods increased to $36 (from $35).
Geographic and Supply Expansion
International items sold hit 4.9M gross items, up 87% YoY (adjusted), reflecting scaling of Chinese and other international sellers. Upcountry orders were 62% of volumes (up from 58% YoY), expanding addressable market via pickup stations.
Country-Level Standouts
Notable country performance: Nigeria physical goods GMV +42% YoY; Kenya ~50% YoY; Ghana +142% YoY; Egypt showing recovery (56% YoY growth noted, with a 3% YoY figure also cited excluding prior corporate sales). Other markets collectively grew 10%.
Balance Sheet and Cash Discipline
Liquidity was $62.6M (cash & equivalents $61.5M). Q1 liquidity decreased $15.3M vs a $23.2M decrease in Q1 '25, showing an improved cash trajectory. Net cash used in operations was $12.5M with broadly neutral working capital.
Structural Cost Reductions and Productivity
Technology & content expenses declined 8% YoY (10% cc). Total headcount declined 8% since Dec 31, 2024 (to ~1,980 employees from 4,318 at end‑2022); company plans to reduce ~200 more FTEs over next two quarters and is deploying AI/automation for further efficiency.
Reaffirmed Guidance and Path to Profitability
Full‑year 2026 GMV guidance reiterated at +27% to +32% YoY (adjusted). Company reiterated objective of adjusted EBITDA breakeven and positive cash flow in Q4 '26 and full‑year profitability and positive cash flow in 2027.
JMIA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JMIA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $7.46 | $8.71 | +16.76% |
Feb 10, 2026 | $12.27 | $10.33 | -15.81% |
Nov 12, 2025 | $10.56 | $10.14 | -3.98% |
Aug 07, 2025 | $4.58 | $5.82 | +27.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Jumia Technologies AG (JMIA) report earnings?
Jumia Technologies AG (JMIA) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Jumia Technologies AG (JMIA) earnings time?
Jumia Technologies AG (JMIA) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JMIA EPS forecast?
JMIA EPS forecast for the fiscal quarter 2026 (Q2) is -0.08.