Kyivstar Group Ltd. (NASDAQ: KYIV) will release its consolidated financial and operating results for the third quarter ended September 30, 2026, on November 6, 2026. The Nasdaq-listed holding company also announced that it has rescheduled its Capital Markets Day to November 17, 2026.

The upcoming earnings release will be followed by a conference call with senior management. Investors can expect further details regarding the timing of the release and the webcast in a subsequent announcement closer to the date.

Strategic Outlook Event

The rescheduled Capital Markets Day will provide an opportunity for stakeholders to hear from Kyivstar’s senior management team. The event will cover the group’s strategic priorities, business performance, and outlook.

Arrangements for both in-person attendance and virtual participation at the Capital Markets Day will be detailed in a future communication.

About Kyivstar

Kyivstar Group Ltd. operates JSC Kyivstar, which is Ukraine’s leading digital operator and the first Ukrainian company to list on a U.S. stock exchange. The group provides a broad range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions such as Big Data, cloud, and cybersecurity.

Kyivstar Group Ltd. raised its full-year 2026 revenue outlook to a range of USD 1.319 billion–USD 1.342 billion, surpassing the analyst consensus estimate of USD 1.322 billion. This upward revision follows the company’s second-quarter results, which showed total revenue of USD 339 million, a 19.37% year-over-year increase. The new guidance reflects management’s confidence in sustained operational momentum and strengthening digital adoption across its portfolio.

The previous full-year revenue growth outlook was 11%–14%, which has now been increased to 14%–16%. This adjustment aligns with the robust performance seen in Q2FY26, where sales beat the quarterly consensus estimate of USD 326.08 million by 3.96%. While earnings per share of USD 0.33 missed the consensus of USD 0.36, the top-line strength and improved cash flow generation underpin the revised long-term targets.

Financial Performance and Guidance

Kyivstar’s financial results for the quarter ended June 30, 2026, demonstrated significant growth in both revenue and profitability metrics. EBITDA grew 13.7% year-over-year to USD 188 million, maintaining a healthy margin of 55.4%. Net profit stood at USD 77 million, impacted by a non-cash charge of USD 21.2 million related to fair-value changes on outstanding warrants.

Equity free cash flow expanded 32.2% year-over-year to USD 104 million, bolstering the balance sheet. As of June 30, 2026, cash, cash equivalents, and deposits totaled USD 364 million. Capital expenditures, excluding licenses and right-of-use assets, were USD 59 million for the quarter.

Digital and Telecom Growth Drivers

Digital revenue advanced 83.0% year-over-year to USD 73.7 million, now representing 21.7% of total revenue. Uklon generated USD 32.8 million in revenue, up 50.8% year-over-year, while Kyivstar TV saw its revenue grow more than fivefold to USD 13.9 million. The telecommunications segment contributed USD 265 million, an 8.8% year-over-year increase, driven by higher mobile ARPU and data consumption.

Mobile ARPU climbed 11.2% year-over-year to USD 3.9. Multiplay customers increased 23.6% year-over-year to 8.1 million, accounting for 39.9% of the one-month active customer base. Multiplay revenue rose 47.4% year-over-year to USD 139 million, constituting 41.1% of total revenue.

Analyst Estimates vs. Actuals

The quarter presented a mixed picture against analyst expectations. Revenue outperformed, while earnings fell short of consensus forecasts.

Revised Full-Year Outlook

Management raised its full-year 2026 financial targets, reflecting confidence in sustained growth. The revised outlook assumes an average UAH/USD exchange rate of 44.5.

What the Numbers Show

The disproportionate growth in digital revenue (+83.0%) compared to telecom core revenue (+8.8%) highlights Kyivstar's successful pivot toward a diversified digital ecosystem. With digital services now contributing nearly a quarter of total revenue and multiplay customers generating over 40% of revenue, the company is effectively reducing reliance on traditional connectivity fees. The EPS miss, driven in part by a non-cash charge of USD 21.2 million related to fair-value changes on outstanding warrants, contrasts with the strong top-line beat and raised guidance, underscoring a structural shift that supports higher margins and stickier customer relationships.