The Kazakh fintech firm posted stable net income of $539M and reiterated its FY2026 guidance amid strong AI tool uptake.
Kaspi.kz reported Q2 revenue of $2.3 billion, up 15% year-over-year, driven by growth across its digital ecosystem. Net income held steady at $539 million, while adjusted EBITDA rose 5% to $826 million.
The results align with prior guidance and reflect a 5% increase in adjusted EBITDA from the same period last year. The company reiterated its full-year 2026 outlook, signaling confidence in sustained performance.
Kaspi’s AI assistant, Kasper, launched in July and was used by nearly 20% of eligible consumers within a month, highlighting rapid adoption.