EQS-Adhoc: Bajaj Mobility AG: Quarterly Report: 1st Quarter 2026
EQS-Adhoc: Bajaj Mobility AG: Quarterly Report: 1st Quarter 2026
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 [1]EQS News – a service of
[2]EQS Group.
The issuer is solely responsible for the content of this announcement.
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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: 1^st Quarter 2026
• Significant revenue growth: EUR 331.3 mn (+70.2% vs. Q1/25)
• Motorcycle units[3][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”:
[4] 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: [5]ir@bajajmobility.com
Website:[6] https://www.bajajmobility.com
ISIN: AT0000KTMI02; Schweizer Valorennummer (Schweiz): 41860974;
Ticker-Symbol: BMAG; Bloomberg: BMAG SW, BMAG AV; Reuters: BMAG.S, BMAG.VI
[7]^[1] KTM, Husqvarna and GASGAS motorcycles
End of Inside Information
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13-May-2026 CET/CEST News transmitted by [8]EQS Group
View original content: [9]EQS News
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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
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References
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3. file:///appl/crsred1/tmp/HTML-FormatExternal-pVxsVT.html#_ftn1
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5d89b9b7ef9ed0e9b713ad18e843e7f6&application_id=2326598&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
5. ir@bajajmobility.com
6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=8c3360ea46f574a45c70d663bc6469a5&application_id=2326598&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
7. file:///appl/crsred1/tmp/HTML-FormatExternal-pVxsVT.html#_ftnref1
8. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2326598&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
9. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=37706f1fc437105f9ec1cfc8791978ce&application_id=2326598&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
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