Kyivstar Posts 26.6% Q1 Revenue Growth, Upgrades 2026 Guidance
Kyivstar’s 1Q26 revenue rose 26.6% YoY to USD 323 million with EBITDA of USD 173 million (53.5% margin) and net profit of USD 85 million (EPS USD 0.37). Digital revenue surged 256.6% to USD 67 million; Kyivstar raised 2026 revenue guidance to 11%-14%, EBITDA to 7%-10% and capex intensity 21%-24%.
1. Q1 2026 Financial Results
Kyivstar delivered 1Q26 revenue of USD 323 million, a 26.6% year-on-year increase, with EBITDA of USD 173 million (53.5% margin) and net profit of USD 85 million (EPS USD 0.37). Digital revenue increased 256.6% to USD 67 million, and multiplay customers rose 31.6% to 8.1 million.
2. 2026 Outlook Upgrade
The company raised its 2026 revenue growth guidance to 11%-14% and EBITDA growth guidance to 7%-10%, while targeting capex intensity of 21%-24% of revenue, reflecting confidence in sustained demand and investment efficiency.
3. Strategic Initiatives
Kyivstar expanded its cooperation with SpaceX to resell Starlink services and prepare for the Light Data launch, consolidated Tabletki.ua to enhance its healthcare offering, launched Uklon Travel for domestic and international bus bookings, officially named its national LLM “Syaivo,” and integrated 52,000 Shtorm broadband customers.