Joint Stock Company Kaspi.kz (KSPI)

NASDAQ: KSPI · Real-Time Price · USD

73.10

-1.10 (-1.48%)

At close: Mar 9, 2026, 4:00 PM EDT

72.99

-0.11 (-0.15%)

After-hours: Mar 9, 2026, 4:42 PM EDT

KSPI Income Statement

Financials in millions KZT. Fiscal year is January - December.

Millions KZT. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,046,074	2,532,156	1,913,490	1,270,592	884,822
Revenue Growth (YoY)	59.79%	32.33%	50.60%	43.60%	37.94%
Cost of Revenue	2,119,442	949,468	671,836	383,611	244,862
Gross Profit	1,926,632	1,582,688	1,241,654	886,981	639,960
Selling, General & Admin	224,483	76,889	51,359	50,390	32,387
Research & Development	208,580	109,553	88,657	60,807	44,388
Other Operating Expenses	161,651	113,957	79,634	55,210	34,383
Total Operating Expenses	594,714	300,399	219,650	166,407	111,158
Operating Income	1,331,918	1,282,289	1,022,004	720,574	528,802
Pretax Income	1,331,918	1,282,289	1,022,004	720,574	528,802
Provision for Income Taxes	264,211	225,455	173,234	131,730	93,588
Net Income	1,067,707	1,039,739	841,351	585,026	431,914
Minority Interest in Earnings	-	17,095	7,419	3,818	3,300
Net Income to Common	1,067,707	1,039,739	841,351	585,026	431,914
Net Income Growth	2.69%	23.58%	43.81%	35.45%	64.01%
Shares Outstanding (Basic)	191	190	190	192	192
Shares Outstanding (Diluted)	191	191	192	194	194
Shares Change (YoY)	-0.47%	-0.33%	-0.99%	-0.18%	0.32%
EPS (Basic)	5603.93	5477.00	4431.00	3051.00	2247.00
EPS (Diluted)	5603.93	5431.00	4381.00	3016.00	2222.00
EPS Growth	3.18%	23.97%	45.26%	35.73%	64.96%
Free Cash Flow	0	486,166	1,055,871	961,516	45,450
Free Cash Flow Growth	-	-53.96%	9.81%	2015.55%	-92.42%
Free Cash Flow Per Share	-	2539.65	5497.54	4956.49	233.87
Dividends Per Share	850.000	2550.000	3200.000	1700.000	883.000
Dividend Growth	-66.67%	-20.31%	88.23%	92.53%	-37.06%
Gross Margin	47.62%	62.50%	64.89%	69.81%	72.33%
Operating Margin	32.92%	50.64%	53.41%	56.71%	59.76%
Profit Margin	26.39%	41.74%	44.36%	46.34%	49.19%
FCF Margin	0.00%	19.20%	55.18%	75.67%	5.14%
EBITDA	1,331,918	1,282,289	1,022,004	720,574	528,802
EBIT	1,331,918	1,282,289	1,022,004	720,574	528,802
EBIT Margin	32.92%	50.64%	53.41%	56.71%	59.76%
Effective Tax Rate	19.84%	17.58%	16.95%	18.28%	17.70%

Updated Mar 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q