Joint Stock Company Kaspi.kz Sponsored ADR

KSPI Technology Software Infrastructure

Joint Stock Company Kaspi.kz Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $7.7 billion, up 44.6% from fiscal 2024.

Revenue
+20.7%
EPS
+5.19%
Free cash flow
+73.4%
Total debt
−100.0%

Quarter to June 2026, against a year earlier

92.09 1.30 −1.39%
Market cap
$17.8B
P/E
8.5×
Fwd P/E
6.4×
Dividend yield
—
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) Net margin

Alert me on Net margin

Joint Stock Company Kaspi.kz Sponsored ADR's net margin over the twelve months to 30 June 2026 was 23.9%, down 2.6 percentage points from fiscal 2025 (26.5%). That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 26.5% (14.54)
FY2024 41.1% (2.91)
FY2023 44.0% (2.07)
FY2022 46.0% —

Quarterly newest first

Period Net margin Change (points)
Jun 2026 23.1% 0.00
Mar 2026 23.1% (1.39)
Dec 2025 24.5% (0.70)
Sep 2025 25.2% (1.43)
7 more quarters

Net margin against peers

Company Net margin
NTNX Nutanix compare 52.8%
CHKP Check Point Software Technologies Ltd. compare 37.9%
KSPI Joint Stock Company Kaspi.kz Sponsored ADR 23.9%
GEN Gen Digital Inc. compare 23.1%
FFIV F5, Inc. compare 21.1%
GDDY GoDaddy Inc. compare 18.6%
TOST Toast, Inc. compare 7.14%
IOT Samsara Inc. compare 4.90%
RBRK Rubrik, Inc. compare −16.5%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 1.22%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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