Jumia Technologies has reported a 14 percent year-on-year increase in revenue for the second quarter of 2026, as the African e-commerce company continued to narrow its losses and move closer to its profitability target.
The company, which is listed on the New York Stock Exchange under the ticker JMIA, said revenue rose to $52 million in the three months ended June 30, 2026, compared with $45.6 million in the same period last year. Revenue increased 15 percent on a constant-currency basis.
Jumia’s gross merchandise value (GMV), a measure of the total value of goods sold through its platform, increased 23 percent year-on-year, while gross profit climbed 28 percent.
The company’s gross profit margin expanded to 14.2 percent of GMV, reflecting improved monetisation of its marketplace.
The company also recorded an improvement in its operating performance. Adjusted EBITDA loss narrowed by 36 percent to $8.7 million, while orders increased 28 percent and quarterly active customers grew 24 percent.
