Germany's AUTO1 Group Q1 revenue beats expectations on merchant, retail strength

AUTO1 SE

13/05/2026 06:40

Overview

Germany digital auto platform's Q1 revenue rose 25%, beating analyst expectations

Adjusted EBITDA for Q1 up 3% year over year

Company cites strong unit growth and integrated model for record performance

Outlook

AUTO1 Group confirms 2026 guidance for total units at 940,000 - 1,000,000

Company expects 2026 gross profit of EUR 1.1 - 1.2 bln

Company sees 2026 adjusted EBITDA at EUR 250 - 275 mln

Result Drivers

UNIT GROWTH - Co said record Q1 performance was driven by 22% year-on-year unit growth across both Merchant and Retail segments

BUSINESS MODEL - Co attributed results to its vertically integrated business model and combined technology platform and physical infrastructure

OPERATING LEVERAGE - CFO said strong results demonstrate significant operating leverage from the business model

Company press release: ID:nEQ3lsr7Sa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
EUR 2.44 bln
EUR 2.33 bln (3 Analysts)
Q1 Adjusted EBITDA
EUR 59.80 mln
Q1 Gross Profit
EUR 289.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for AUTO1 Group SE is €31.00, about 69.4% above its May 12 closing price of €18.30

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 42 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)