Kaspi.kz reported a strong third quarter, with revenue rising $2.5 billion and climbing 25.7% year over year. Gross profit more than doubled to $1.9 billion, while operating profit increased 140.4% to $1.5 billion, showing significant improvement in profitability.
Net income attributable to common shareholders came in at $638.5 million, up 25.6% from a year ago, and diluted earnings per share increased 26.1% to $3.36. Cost of sales declined 42.1% to $629.9 million, helping support the stronger margin performance.
- Revenue: $2.5 billion, up 25.7%
- Gross profit: $1.9 billion, up 104.9%
- Operating profit: $1.5 billion, up 140.4%
- Net income: $638.5 million, up 25.6%
- Diluted EPS: $3.36, up 26.1%
Kaspi.kz also ended the quarter with $1.8 billion in cash and cash equivalents, nearly doubling from a year earlier. Total liabilities rose 50.2% to $21.9 billion, while capital spending remained modest, with purchases of property, plant and equipment totaling $112.8 million.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Joint Stock Company Kaspi.kz Hedge Fund Activity
We have seen 111 institutional investors add shares of Joint Stock Company Kaspi.kz stock to their portfolio, and 89 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BARING FINTECH FUND III MANAGERS LTD removed 4,955,070 shares (-41.1%) from their portfolio in Q2 2026, for an estimated $429,307,264
- BARING FINTECH MANAGER HOLDING LTD removed 1,314,798 shares (-7.3%) from their portfolio in Q2 2026, for an estimated $113,914,098
- SCHRODER INVESTMENT MANAGEMENT GROUP added 753,135 shares (+48.1%) to their portfolio in Q2 2026, for an estimated $65,251,616
- CAT ROCK CAPITAL MANAGEMENT LP removed 631,001 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $54,669,926
- SAMLYN CAPITAL, LLC added 431,337 shares (+40.4%) to their portfolio in Q2 2026, for an estimated $37,371,037
- RANMORE FUND MANAGEMENT LTD removed 420,000 shares (-67.7%) from their portfolio in Q3 2026, for an estimated $39,505,200
- SANDS CAPITAL MANAGEMENT, LLC removed 417,744 shares (-21.4%) from their portfolio in Q2 2026, for an estimated $36,193,340
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
