Kyivstar Group (NASDAQ:KYIV) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Kyivstar Group (NASDAQ:KYIV) issued its earnings results on Friday. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.02), FiscalAI reports. The company had revenue of $334.66 million during the quarter.

Here are the key takeaways from Kyivstar Group’s conference call:

• Positive Sentiment: Kyivstar reported strong second-quarter results, with revenue up 19% year over year to $339 million, EBITDA up 14% to $188 million, and equity free cash flow up 32% to $104 million. Management raised full-year guidance for revenue and EBITDA growth for the second time this year.
• Positive Sentiment: Digital revenue surged 83% to $74 million, reaching nearly 22% of total revenue, while digital EBITDA remained profitable at $31 million. Uklon was the largest contributor, with revenue up more than 50%, and Helsi and Tabletki added further growth in the digital health ecosystem.
• Positive Sentiment: Telecom fundamentals remained resilient despite a nearly 3% decline in mobile subscribers: churn improved to just over 14%, IRPU rose 11% to $3.90, 4G penetration exceeded 70%, and data usage increased more than 18%. Multi-play customers reached 8.1 million and generate nearly 50% more ARPU than mobile-only customers.
• Positive Sentiment: The company completed an $81 million acquisition of six solar plants totaling 105 MW, bringing renewable capacity to 118 MW and potentially covering about 30% of annual telecom electricity consumption. Kyivstar said the assets should hedge energy costs and strengthen operational resilience during the war.
• Negative Sentiment: Net profit fell nearly 6% to $77 million because of a $21 million non-cash fair-value charge on listed warrants; excluding that item, profit would have been $98 million. Management also expects mobile subscriber pressure to persist due to double-SIM unwinding, pricing effects, and unfavorable demographics, while the second-half EBITDA comparison becomes tougher as acquisition and accounting benefits normalize.

Kyivstar Group Price Performance

KYIV stock opened at $13.56 on Friday. The stock has a market cap of $3.13 billion and a PE ratio of 20.55. Kyivstar Group has a 12 month low of $9.29 and a 12 month high of $16.55. The company has a 50-day moving average price of $14.40 and a 200 day moving average price of $12.79. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.22.

Wall Street Analyst Weigh In

Several research analysts have weighed in on KYIV shares. Barclays initiated coverage on Kyivstar Group in a research note on Wednesday, April 8th. They issued an “overweight” rating and a $12.50 price target for the company. Wall Street Zen upgraded shares of Kyivstar Group from a “hold” rating to a “buy” rating in a research report on Monday, June 15th. Weiss Ratings raised shares of Kyivstar Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, Morgan Stanley assumed coverage on shares of Kyivstar Group in a research report on Friday, June 5th. They set an “equal weight” rating and a $17.00 target price for the company. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $16.62.

Kyivstar Group News Summary

Here are the key news stories impacting Kyivstar Group this week:

• Positive Sentiment: Kyivstar reported second-quarter revenue of approximately $339 million, up 19.3% year over year, while EBITDA increased 13.7% to $188 million. Digital revenue was particularly strong, rising 83% to $73.7 million and reaching 21.7% of total revenue. Kyivstar Reports 2Q26 Results
• Positive Sentiment: Management raised its 2026 forecast, now expecting USD revenue growth of 14%–16%, compared with 11%–14% previously, and EBITDA growth of 9%–12%, compared with 7%–10% previously. Equity free cash flow rose 32.2% to $104 million in the quarter, supporting the company’s investment plans. Kyivstar Raises Full-Year Outlook
• Positive Sentiment: Growth was broad-based: mobile ARPU rose 11.2%, multiplay customers increased 23.6%, and digital businesses including Uklon, Kyivstar TV and Helsi expanded. Starlink Direct-to-Cell availability and renewable-energy investments may improve network resilience in Ukraine.
• Neutral Sentiment: Kyivstar posted net income of $77 million and EPS of $0.33, but the result included a $21.2 million non-cash fair-value charge related to outstanding warrants. The company’s revenue was reported at roughly $334.7 million by some financial data providers, indicating possible differences in reporting measures.
• Negative Sentiment: EPS fell short of the $0.35 analyst consensus, creating a near-term earnings disappointment despite the stronger revenue and outlook figures. Kyivstar Earnings Report
• Negative Sentiment: Kyivstar’s July Form 6-K highlighted continuing war-related, geopolitical, infrastructure and currency risks. These factors could affect customer demand, network operations, capital spending and the conversion of Ukrainian-hryvnia results into U.S. dollars. Kyivstar July 2026 Form 6-K

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Pertento Partners LLP purchased a new stake in shares of Kyivstar Group in the fourth quarter worth approximately $23,456,000. UBS Group AG lifted its stake in shares of Kyivstar Group by 27.9% during the 4th quarter. UBS Group AG now owns 751,322 shares of the company’s stock worth $9,752,000 after acquiring an additional 164,113 shares during the last quarter. Millennium Management LLC boosted its holdings in Kyivstar Group by 24.6% during the 4th quarter. Millennium Management LLC now owns 127,555 shares of the company’s stock valued at $1,656,000 after acquiring an additional 25,199 shares during the period. Renaissance Technologies LLC bought a new position in Kyivstar Group in the 1st quarter valued at $820,000. Finally, Quinn Opportunity Partners LLC grew its position in Kyivstar Group by 59.6% in the 4th quarter. Quinn Opportunity Partners LLC now owns 80,100 shares of the company’s stock valued at $1,040,000 after acquiring an additional 29,900 shares during the last quarter.

Kyivstar Group Company Profile

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value?added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine?to?machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.