Bajaj Mobility AG
ISIN: AT0000KTMI02
WKN: A2JKHY
13 May 2026 06:39AM

EQS-Adhoc: Bajaj Mobility AG: Quarterly Report: 1st Quarter 2026

Bajaj Mobility AG · ISIN: AT0000KTMI02 · EQS - adhoc news
Country: Austria · Primary market: Austria · EQS NID: 2326598

EQS-Ad-hoc: Bajaj Mobility AG / Key word(s): Quarter Results/Quarter Results
Bajaj Mobility AG: Quarterly Report: 1st Quarter 2026

13-May-2026 / 06:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014 (MAR)

Ad hoc announcements pursuant to Art. 53 LR

           

 Mattighofen, May 13, 2026

 

Bajaj Mobility AG (formerly PIERER Mobility AG):

Quarterly Report: 1st Quarter 2026

 

  • Significant revenue growth: EUR 331.3 mn (+70.2% vs. Q1/25)
  • Motorcycle units[1]: increased by +125.1% to 40,332 units
  • Motorcycle revenue rose by even +151.6% to EUR 272.4 mn
  • Positive EBITDA: EUR 5,5 mn (EUR -55,8 mn vs. Q1/25)
  • EBIT improved by EUR 65.5 mn (+71.5% vs. Q1/25)
  • Equity: EUR 350.7 mn | Equity ratio: 22.2%
  • Successful refinancing of KTM AG: EUR 550 mn
  • Worldwide inventories have been further reduced

 

In the first quarter of 2026, Bajaj Mobility AG (formerly PIERER Mobility AG) achieved a significant improvement in operating performance compared to the same quarter of the previous year. Consolidated revenue rose by 70.2% to EUR 331.3 mn.

A total of 40,332 motorcycles (+125.1% compared with Q1/25) were sold. Motorcycle revenue increased by +151.6% compared with the first quarter of 2025. EBITDA turned positive at EUR 5.5 mn (Q1/25: EUR -55.8 mn), EBIT improved to EUR -26.1 mn (+71.5%), and net income for the period was EUR -35.1 mn (+67.5%).

Equity amounted to EUR 350.7 mn in Q1/26 (December 31, 2025: EUR 385.2 mn). The equity ratio equals 22.2% (December 31, 2025: 24.3%).

KTM AG successfully completed a EUR 550 mn refinancing in February 2026 with an international banking consortium, which enabled the full repayment of the restructuring loan from Bajaj Auto International Holdings B.V. and significantly strengthens the Group’s financial base.

As part of the restructuring, additional measures to improve efficiency were implemented, including a workforce reduction of 500 employees, which is expected to be completed by Q3/26.

For 2026, the focus will be on continuing the restructuring and improving profitability.

The full Q1/26 quarterly report is available on the company’s website under the following link via the subheading “Financial reports”:

https://www.bajajmobility.com/en/investor-relations/publications

 

About Bajaj Mobility AG (formerly PIERER Mobility AG)

Bajaj Mobility AG (formerly PIERER Mobility AG) is a global leader in premium motorcycles and the listed subsidiary of Bajaj Auto Limited, the world’s most valuable two‑ and three‑wheeler company. As the holding company of KTM AG, Bajaj Mobility AG brings together some of the most iconic and performance‑driven brands in the global motorcycle industry – KTM, Husqvarna Motorcycles and GASGAS. Headquartered in Austria, the company represents a pinnacle of European engineering excellence across high‑performance racing motorcycles, street and offroad bikes, and travel‑oriented models, complemented by premium WP components. With an established presence across these segments and a trusted rider base in more than 70 countries, Bajaj Mobility AG is recognized for its innovative engineering and strong product portfolio. Through its parent Bajaj Auto Limited, the group benefits from extensive technological expertise and a worldwide distribution network, enabling decisive execution and long‑term value creation. Together, the group continues to set benchmarks in performance, quality, and global reach across the international motorcycle industry.

 

For further information

Investor Relations

E-Mail: ir@bajajmobility.com

Website: https://www.bajajmobility.com

ISIN: AT0000KTMI02; Schweizer Valorennummer (Schweiz): 41860974; Ticker-Symbol: BMAG; Bloomberg: BMAG SW, BMAG AV; Reuters: BMAG.S, BMAG.VI

 

 

 

 

 

[1] KTM, Husqvarna and GASGAS motorcycles



End of Inside Information

13-May-2026 CET/CEST News transmitted by EQS Group

View original content: EQS News


Language: English
Company: Bajaj Mobility AG
Stallhofnerstraße 3
5230 Mattighofen
Austria
Phone: +43 (0) 7742-6000
Fax: +43 (0)7742-6000300
E-mail: ir@bajajmobility.com
Internet: www.bajajmobility.com
ISIN: AT0000KTMI02
WKN: A2JKHY
Listed: SIX, Vienna Stock Exchange
EQS News ID: 2326598

Valorennummer (Schweiz): 41860974 Wertpapierkürzel: BMAG Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI
 
End of Announcement EQS News Service

2326598  13-May-2026 CET/CEST

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2020 2021 2022 2023 2024 2025 2026e
Sales1 1.530,38 2.041,73 2.437,20 2.661,21 1.879,02 1.009,39 0,00
EBITDA1,2 233,53 332,20 381,10 323,53 -480,78 873,71 0,00
EBITDA-Margin3 15,26 16,27 15,64 12,16 -25,59 86,56 0,00
EBIT1,4 107,24 193,49 235,25 160,02 -1.184,22 747,83 0,00
EBIT-Margin5 7,01 9,48 9,65 6,01 -63,02 74,09 0,00
Net Profit (Loss)1 69,46 142,87 170,62 76,41 -1.079,91 590,16 0,00
Net-Margin6 4,54 7,00 7,00 2,87 -57,47 58,47 0,00
Cashflow1,7 312,82 367,36 280,34 -110,85 -435,96 -22,38 0,00
Earnings per share8 1,56 3,34 5,03 2,37 -29,30 17,60 -0,45
Dividend per share8 0,50 1,00 2,00 0,50 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
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Bajaj Mobility
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2JKHY AT0000KTMI02 AG 658,36 Mio € Halten 8FWM35W5+Q7
* * *
PE 2027e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
-243,50 21,74 -11,20 -7,79 1,72 -29,41 0,65
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,50 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
24.04.2026 13.05.2026 27.08.2026 13.10.2026 26.03.2026
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+3,95%
19,48 €
ATH 353,10 €
+11,01% +19,94% +32,34% +20,99% +0,00%

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