Germany's BIKE24 Q1 revenue rises 21.9%, adjusted EBITDA improves

Bike24 Holding AG

06/05/2026 06:41

Overview

Germany e-commerce platform's Q1 revenue rose 21.9% yr/yr to EUR 70.7 mln

Adjusted EBITDA improved to EUR 1.8 mln, driven by operational leverage and higher gross margin

Company confirmed 2026 full-year forecast for revenue and adjusted EBITDA

Outlook

BIKE24 sees 2026 revenue between EUR 318 mln and EUR 332 mln

Company expects 2026 adjusted EBITDA of EUR 16 mln to EUR 20 mln

BIKE24 maintains 2026 forecast despite macroeconomic uncertainties

Result Drivers

BROAD-BASED REVENUE GROWTH - Co said revenue growth spanned all key markets, product lines and customer segments

LOCALIZED MARKETS AND FULL-BIKE SEGMENT - Co said localized markets and the complete bicycle product group saw disproportionately high revenue growth

OPERATIONAL LEVERAGE AND COST DISCIPLINE - Co attributed improved adjusted EBITDA to operational leverage, a higher gross margin, and disciplined cost management

Company press release: ID:nEQ2z9Ssra

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 70.74 mln
Q1 Net Income
-EUR 2.22 mln
Q1 Adjusted EBITDA
EUR 1.78 mln
Q1 Adjusted EBIT
-EUR 48,000
Q1 Gross Profit
EUR 18.03 mln
Q1 Pretax Profit
-EUR 3.23 mln


Analyst Coverage

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

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy."

Wall Street's median 12-month price target for Bike24 Holding AG is €4.25, about 49.1% above its May 5 closing price of €2.85

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 27 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.)