Checkin.com (CHECK) Q1 2026 earnings summary

Executive summary

• Net revenue for Q1 2026 declined 24% year-over-year to KSEK 14,374, with negative trends in Travel and iGaming verticals.

• Gross profit margin improved to 74% (from 70%), and EBITDA margin rose to 29% (from 12%) due to cost optimizations.

• Operating profit remained negative at KSEK -2,649, but improved from KSEK -6,295 in Q1 2025.

• Cash flow from operating activities increased to KSEK 7,475, and cash and cash equivalents stood at KSEK 15,383 at quarter-end.

• New CEO Arif Rehman started in late April 2026, emphasizing focus, commercial discipline, and sustainable growth.

Financial highlights

• Net revenue: KSEK 14,374 (down 24% year-over-year); sequential decline of 7% from Q4 2025.

• Gross profit: KSEK 10,611 (margin 74%).

• EBITDA: KSEK 4,141 (margin 29%).

• Operating profit (EBIT): KSEK -2,649; Net result: KSEK -2,724.

• Cash flow from operating activities: KSEK 7,475; cash and cash equivalents: KSEK 15,383.

Outlook and guidance

• CEO signals a shift toward a more focused product portfolio and commercial discipline.

• Structural tailwinds in the European regulatory identity verification market expected to support future growth.

• Emphasis on sustainable growth and strengthening the commercial team.