Revenue grew 68% year-over-year to $8.2M; GCC revenue more than doubled (+111%) Gross profit grew by 63% year-over-year to $1.6M Operating loss narrowed 71% to $0.17M (operating margin of -2%) from $0.59M (operating margin of -12%), approaching operating breakeven Recurring revenue rose to 88% of total; dollar-pegged revenue reached 44% of total (+111%) NDR of 114% Operating expenses fell to 23% of revenue from 34%, reflecting continued operating leverage DUBAI, United Arab Emirates, June 16, 2026 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”, and together with the Company's subsidiaries, the “Group”) (NASDAQ: SWVL), a leading provider of technology-enabled mass mobility solutions for enterprises today announced its financial results for the three months ended March 31, 2026 (“Q1 2026”). Swvl carried its FY 2025 momentum into the new fiscal year, growing Q1 2026 revenue by 68% to $8.2 million compared to $4.9M for the three months ended March 31, 2025 (“Q1 2025”), while narrowing its operating loss by 71%.
