Egyptian fintech giant Fawry has reported strong financial results for the first quarter of 2026, signaling a robust start to the year. According to a stock market filing, the company’s consolidated profits attributable to the parent company grew significantly, underlining sustained momentum in its operations.
Quick Facts
- Consolidated Profit: EGP 749.3 million, up 23.7% YoY.
- Consolidated Revenue: EGP 2.41 billion.
- Reporting Period: January to March 2026.
A Closer Look at the Numbers
Fawry’s consolidated profits for the first three months of 2026 reached EGP 749.338 million. This marks a 23.78% year-on-year increase compared to the EGP 605.378 million recorded in the same period in 2025.
The growth was supported by a substantial rise in consolidated operating revenues, which jumped to EGP 2.410 billion from EGP 1.794 billion in the first quarter of the previous year. This top-line growth indicates healthy expansion across the company’s electronic payment network.
Standalone Performance Shows Core Strength
The company’s standalone financials also painted a positive picture. Net profit after tax saw a notable increase, climbing to EGP 632.543 million in Q1 2026 from EGP 542.159 million in Q1 2025.
Standalone operating revenues followed a similar upward trend, growing to EGP 1.430 billion from EGP 1.077 billion in the corresponding period last year, demonstrating the strength of its core business activities.
About Fawry
Fawry is an Egypt-based company that provides an electronic payment network. The company allows users to pay bills and other services through multiple channels, such as online, using automated teller machines (ATMs), mobile wallets, and a wide network of retail points.
Source: Zawya
