ELKO Group achieved strong Q1 2026 growth and profitability, driven by high‑margin segments and active vendor partnerships.

January – March 2026 highlights  

• Revenue USD 297.2 million (EUR 254.0 million), an increase of 17.4% year-on-year
• Gross profitability 9.9%, an increase compared to 8.1% in the 1st quarter of 2025
• Gross profit USD 29.4 million (EUR 25.1 million), an increase of 42.6% year-on-year
• Net profit USD 3.0 million (EUR 2.6 million), an increase of 113.8% year-on-year

About ELKO Group 

The ELKO Group is one of the region’s largest distributors of IT and consumer electronics products and solutions, representing 400 world-leading manufacturers. The company provides a wide range of products and services to more than 10 000 retailers, local computer manufacturers, system integrators and enterprises within various sectors in 14 countries in Europe. Established in 1993, Latvia.