Post by BIKE24

BIKE24 accelerates into 2026 with a strong first quarter — 21.9% revenue growth and adjusted EBITDA back in positive territory 🚴   We're proud to share our Q1 2026 results: a strong start to the year, with profitable growth across all key markets, product lines and customer segments.   📈 Q1 2026 highlights: Revenue: €70.7 million (+21.9% YoY) Adjusted EBITDA: €1.8 million (vs. €0.6 million in Q1 2025) Localized European markets: +30.0% growth Full-bike segment: +27.2% to €12.4 million Parts, Accessories & Clothing: +20.8% to €58.4 million   Q1 marked a clear step forward in profitability: a 25.5% gross margin, disciplined costs and a positive adjusted EBITDA already in our seasonally weakest quarter — driven by our deep premium assortment, high availability and fast delivery for cycling enthusiasts across Europe.   As our founder & CEO Andrés Martin-Birner put it: "The momentum of the first quarter confirms that we are on the right track. We are growing profitably across all European regions and at a disproportionately high rate in our localized markets and in the full-bike segment. The measures introduced last year for targeted product portfolio management and an attractive shopping experience are having a sustainable impact on revenue and earnings."   Inventory was built up to €80.8 million (+21.9% compared to March 31, 2025) for the peak season, with our inventory-to-sales ratio (LTM) improved to 26.8%.   Full-year 2026 guidance confirmed: ➡️ Revenue: €318–332 million ➡️ Adjusted EBITDA: €16–20 million   A big thank you to our team, partners and customers who made this start possible 🙌   #BIKE24 #Ecommerce #Cycling #BikeIndustry #BuildYourRide