Jumia (JMIA) Stock Rises 8% After Q2 Earnings Beat and $50M Capital Raise
TLDR
- Jumia stock rose 7.66% to $6.255 on Wednesday after Q2 2026 results showed a bottom-line beat, with GAAP EPS of -$0.05 topping estimates by $0.05.
- Revenue of $52M came in just below the $53.29M consensus estimate.
- Adjusted EBITDA loss narrowed 36% year-over-year to $8.7M, while operating loss fell 25% to $12.4M.
- Jumia priced a $50M capital raise anchored by a $25M investment from the International Finance Corporation, a member of the World Bank Group.
- The company reaffirmed its Q4 2026 adjusted EBITDA breakeven target and FY 2027 full-year profitability goal.
Jumia Technologies (JMIA) stock climbed 7.66% to $6.255 on Wednesday after the company posted Q2 2026 results that beat on the bottom line and announced a $50M capital raise.
GAAP EPS came in at -$0.05, topping estimates by $0.05. Revenue of $52M missed the $53.29M consensus by $0.27M.
The adjusted EBITDA loss narrowed 36% year-over-year to $8.7M, down from $13.6M in Q2 2025. Operating loss dropped 25% year-over-year to $12.4M.
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