EarningsQ4 2026 Earnings Report
MX:PRXN Q4 2026 EPS Results
Actual EPS$36.90
Consensus EPS$36.17
Beat/MissBeat by +$0.73
One Year Ago EPS$56.12
MX:PRXN Q4 2026 Revenue Results
Actual Revenue$106.24B
Expected Revenue$102.63B
Beat/MissBeat by +$3.61B
YoY Revenue Growth+72.22%
Earnings Announcement Details
QuarterQ4 2026
Date06/29/2026
TimeBefore Open
Conference CallMonday, June 29, 2026
MX:PRXN Upcoming Earnings
Prosus's next earnings date is estimated for November 24, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:PRXN Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong progress on scale, margin recovery, and rapid growth in ecosystem adjacencies driven by AI and platform investments (revenue ~EUR 10bn, EBITDA EUR 1.3bn, free cash flow improvement of ~EUR 2bn, ecosystem $1.5bn growing >40%, multiple >50–100% growth rates across adjacencies). However, the company is facing significant near-term headwinds from intense competition (especially in Brazil), increased CPO and promotional spending by peers, the need to invest heavily in Just Eat and iFood which keeps FY2027 EBITDA roughly flat, and some cash flow/working-capital volatility. On balance, the business shows robust structural momentum and technology differentiation, while acknowledging short-term reinvestment and competitive pressures that will depress near-term profitability but aim to enable higher long-term returns.Company Guidance
Revenue Scale and Near-Term Growth Targets
Reported revenue of almost EUR 10 billion for FY2026 with management targets to grow to more than EUR 13 billion next year; CFO guidance also expects revenue to grow to at least $12.0–$12.3 billion next year.
Strong EBITDA Improvement
Group EBITDA of EUR 1.3 billion, an 84% increase year-over-year compared with the prior year.
Material Free Cash Flow Turnaround
Free cash flow improved by approximately EUR 2.0 billion over the last two years, moving from EUR -0.5 billion to EUR +1.5 billion.
Ecosystem Revenue Growth and Mix
Prosus ecosystem revenues of $1.5 billion growing more than 40%; ecosystem now represents more than 50% of revenue (pure food ~45%, fintech ~17%, travel ~29%, other marketplace categories ~7%).
Adjacencies Showing High Growth Rates
Grocery growing ~50% (over recent years), pharmacy ~70% year-over-year, fintech businesses often ~100% year-over-year (credit for restaurants +115%, fintech infrastructure +100%, new voucher +60%); ecosystem (non-food) already generating >$150 million in profit.
Advertising and Travel Momentum
Ads business accelerating and growing ~100% year-over-year after the Advolve acquisition; Despegar growing ~30% overall and ~40% in Brazil, with 21% of Despegar Brazil revenues related to cross-sell within the Prosus ecosystem.
High-Performing Assets and Profitability
OLX delivered $480 million of EBITDA with 16% top-line growth; PayU India reported as growing and profitable; several businesses tracking on or ahead of their Capital Markets Day expectations.
AI and Platform Investments Delivering Early Benefits
Built a Large Commerce Model (LCM) modeling ~100 million Latin American customers, operating reportedly 10–50x cheaper than buying a model; launched ToqanClaw (70,000 agents, 12,000 apps) with initial roll-out to 4,000 employees and expansion to 5 million restaurant partners; Zapia agentic AI now integrated into iFood and Just Eat.
High-Growth Local Mobility and Other Bets
Rapido growing ~110–120% year-over-year; strategic investments (e.g., $460 million in French health-AI business Alan) signal diversification into AI-powered adjacencies.
Capital Allocation and Shareholder Returns
Ongoing $5 billion open-ended share buyback program funded by non-core asset sales (≈$2 billion sold last year, ≈$1 billion in Q1) and dividends (Tencent dividend received); management emphasizes continued buybacks and disciplined capital allocation.
MX:PRXN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed