Swvl operating loss widens to $0.57 million in H1 2026; revenue rises 59% to $16.2 million
SWVL•Swvl reported H1 2026 revenue of $16.2 million, up 59% year over year, while its operating loss widened to $0.57 million. Gross profit rose 35% to $2.9 million, and the company said it signed $14.5 million of gross private placements in August 2026.
1. H1 results
Swvl reported H1 2026 revenue of $16.2 million, up 59% year over year, with Q2 revenue rising 51% to $7.99 million. Gross profit increased 35% to $2.9 million, while gross margin declined to 18.2% from 21.5%; the operating loss widened to $0.57 million from $0.42 million, and the company cited 123% net dollar retention and $14.5 million of gross private placements signed in August 2026.
