Kyivstar Group (NASDAQ:KYIV), the first Ukrainian company to list on the Nasdaq, delivered a robust performance for fiscal year 2025, signaling that its evolution into a diversified digital operator is successfully offsetting the challenges of a volatile operating environment.
The company reported total revenue of $1.157 billion for the year ended Dec. 31, 2025, representing a 25.9% increase year-over-year.
Fourth-quarter revenue climbed 28.4% to $321 million, driven by a surge in digital service adoption and resilient demand for high-speed connectivity.
EBITDA for the full year rose 25.8% to $648 million, maintaining a strong margin of 56%.
Adjusted net profit reached $289 million, or $1.32 per share, though GAAP results were impacted by a one-time non-cash charge related to the company’s 2025 public listing.
A primary driver of the results was the explosive growth of Kyivstar’s digital segment.
Digital revenue grew 4.7-fold to $124 million, now accounting for nearly 11% of total group revenue.
The company’s "multiplay" customer base—those utilizing at least one digital service alongside mobile connectivity—reached 7.3 million users.