Kesko Results Q2 2026: Revenue, Profit and Margins

Name: Kesko quarterly results
Creator: Finpendium
License: https://creativecommons.org/licenses/by/4.0/

Latest report: Kesko half-year report Jan–Jun 2026, published July 22, 2026

In Q2 2026, Kesko’s revenue was €3,379.1 million, up 6.0% from Q2 2025. Operating profit was €191.0 million, an operating margin of 5.7% (Q2 2025: 5.6%). Net income for the period was €129.2 million and earnings per share €0.32.

Kesko: Where the revenue went, Q2 '26, EUR million. Source: Kesko half-year report Jan–Jun 2026. — Kesko: Where the revenue went · Q2 '26, EUR million

Key figures for Q2 2026

Kesko key figures, Q2 2026 vs Q2 2025
	Q2 2026	Q2 2025	Change
Revenue, €M	3,379.1	3,188.8	+6.0%
Operating profit, €M	191.0	177.9	+7.4%
Operating margin	5.7%	5.6%	+0.1 pp
Adjusted operating profit, €M	194.0	176.7	+9.8%
Net income, €M	129.2	117.3	+10.1%
Net margin	3.8%	3.7%	+0.1 pp
Earnings per share	€0.32	€0.29	+10.3%

Kesko in charts

Kesko: From revenue to net income, Q2 '26, EUR million. Source: Kesko half-year report Jan–Jun 2026. — Kesko: From revenue to net income · Q2 '26, EUR million

Kesko: What drove the change in operating profit, Q2 '25 → Q2 '26, EUR million. Source: Kesko half-year report Jan–Jun 2026. — Kesko: What drove the change in operating profit · Q2 '25 → Q2 '26, EUR million

Kesko: Revenue by division, Quarterly, EUR million. Source: Kesko half-year report Jan–Jun 2026. — Kesko: Revenue by division · Quarterly, EUR million

Kesko: Profitability, Quarterly, % of revenue. Source: Kesko half-year report Jan–Jun 2026. — Kesko: Profitability · Quarterly, % of revenue

Kesko: Revenue trend, Quarterly, EUR million. Source: Kesko half-year report Jan–Jun 2026. — Kesko: Revenue trend · Quarterly, EUR million

Kesko: Operating profit trend, Quarterly, EUR million. Source: Kesko half-year report Jan–Jun 2026. — Kesko: Operating profit trend · Quarterly, EUR million

Kesko: Revenue and earnings, last twelve months, Rolling four-quarter sum, EUR million. Source: Kesko half-year report Jan–Jun 2026. — Kesko: Revenue and earnings, last twelve months · Rolling four-quarter sum, EUR million

Kesko: Earnings per share · Quarterly, EUR

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<figure><a href="https://finpendium.com/companies/kesko/"><img src="https://finpendium.com/charts/kesko/2026-q2/eps.svg" alt="Kesko: Earnings per share, Quarterly, EUR. Source: Kesko half-year report Jan–Jun 2026." width="800" height="366" style="max-width:100%;height:auto"></a><figcaption>Chart: <a href="https://finpendium.com/companies/kesko/">Kesko results on Finpendium</a></figcaption></figure>

Quarterly results

Kesko quarterly results (€M unless stated)
Quarter	Revenue	Change y/y	Operating profit	Operating margin	Net income	EPS
Q2 2026	3,379.1	+6.0%	191.0	5.7%	129.2	€0.32
Q1 2026	3,029.0	+7.1%	96.6	3.2%	51.1	€0.13
Q4 2025	3,230.9	+6.3%	160.1	5.0%	99.7	€0.25
Q3 2025	3,227.3	+6.6%	204.0	6.3%	139.6	€0.35
Q2 2025	3,188.8	+3.1%	177.9	5.6%	117.3	€0.29
Q1 2025	2,827.7	+2.5%	89.4	3.2%	48.3	€0.12
Q4 2024	3,040.6	+4.8%	121.0	4.0%	74.9	€0.19
Q3 2024	3,026.6	+2.6%	202.1	6.7%	139.1	€0.35

Annual results

Kesko annual results (€M unless stated)
Year	Revenue	Operating profit	Operating margin	Net income	EPS
2025	12,474.7	631.3	5.1%	404.8	€1.02
2024	11,920.1	579.5	4.9%	379.6	€0.95
2023	11,783.8	695.4	5.9%	495.6	€1.25

Revenue by division

Kesko revenue by division, Q2 2026 vs Q2 2025 (€M)
Division	Q2 2026	Q2 2025	Change
Car trade	352.5	351.9	+0.2%
Grocery trade	1,620.7	1,606.0	+0.9%
Building and technical trade	1,413.2	1,236.8	+14.3%
Eliminations	−7.2	−5.8	—

Dividends

Kesko dividend per share by financial year
Financial year	Dividend per share	EPS	Payout ratio	Status	Source
2025	€0.90	€1.02	88.2%	Board proposal	Release
2024	€0.90	€0.95	94.7%	Decided by the AGM	Release

“Board proposal” is the dividend the board proposed in the financial statements release. The annual general meeting usually approves it, but check the company’s AGM release for the final decision. Payout ratio is dividend per share divided by basic earnings per share (payout ratio calculator); N/M means not meaningful (loss).

Calculate it yourself

Operating margin calculatorKesko in Q2 2026: 5.7%
Net margin calculatorKesko in Q2 2026: 3.8%
Earnings per share calculatorKesko in Q2 2026: €0.32

About Kesko

Kesko is a Finnish retail and wholesale company in grocery trade, building and technical trade, and car trade. It operates mainly in Finland, and its building and technical trade also in the other Nordic countries, the Baltics and Poland.

Sources

Kesko half-year report Jan–Jun 2026, published Jul 22, 2026
Kesko interim report Jan–Mar 2026, published Apr 29, 2026
Kesko financial statements release 2025, published Feb 5, 2026
Kesko interim report Jan–Sep 2025, published Oct 30, 2025
Kesko half-year report Jan–Jun 2025, published Jul 22, 2025
Kesko interim report Jan–Mar 2025, published Apr 29, 2025
Kesko financial statements release 2024, published Feb 5, 2025
Kesko interim report Jan–Sep 2024, published Oct 30, 2024
Kesko half-year report Jan–Jun 2024, published Jul 23, 2024

About these figures. All figures come from Kesko’s published interim reports and financial statements releases, linked above, and are checked against them before publication. Errors are still possible, so confirm any figure in the original report before relying on it. Amounts are in millions of the reporting currency. Quarters reported only cumulatively (for example the fourth quarter) are derived by subtraction, and when a company restates earlier figures, older quarters on the previous basis are left out of comparisons. Margins and changes are calculated by Finpendium. This page is for information only and is not investment advice or a recommendation to buy or sell any security. See how the figures are checked and our Disclaimer. Spotted an error? Let us know.