Acast AB (publ) has released its Q1 2026 results, achieving the company’s first-ever profitable first quarter. Net sales climbed 20% year-over-year to SEK 645 million, driven by robust 31% organic growth across all regions.5152
Key Financial Highlights
EBITDA reached SEK 29.1 million, delivering a 5% margin compared to a prior-year loss. Operating profit stood at SEK 4.7 million, with a 1% margin. Profit for the period hit SEK 16.9 million, and diluted earnings per share improved to SEK 0.09 from a SEK 0.51 loss. Average revenue per listen (ARPL) rose 19% to a record Q1 high of SEK 0.58, while listens increased 1% to 1.121 billion.5150
Operating cash flow strengthened to SEK 39.6 million, bolstering the cash position to SEK 602 million. Gross margin held steady at 37%.52
Regional Performance
North America led growth with net sales up 26% to SEK 256.1 million and 43% organic expansion. Europe saw 16% sales growth to SEK 343 million (23% organic), while other markets advanced 22% to SEK 45.9 million (26% organic). Contribution profits improved notably, especially in North America.51
Strategic Updates and CEO Insights
CEO Greg Glenday stated, “The strong revenue performance in Q1 2026 marks a significant milestone for Acast: our first ever profitable first quarter. Powered by sustained double-digit organic growth across all regions and continued operational discipline, we have demonstrated that our business model scales efficiently.”51
Key developments include partnerships with Slate for U.S. ad sales and distribution, and with Apple for video podcast monetization. Video podcasting expanded with 90 shows live and initial ad campaigns launched.52
Outlook
Management expresses confidence in ongoing revenue momentum, operating leverage, and cash generation. Focus areas include omnichannel ad solutions, video expansion, and premium monetization to drive ARPL uplift and market share gains.5250
