InPost moves 1.4 bln packages, continues growth but still under pressure
17:41
InPost’s trading update for Q4 and full-year 2025 confirms strong growth driven increasingly by international markets, though margins remain under pressure. The company handled about 1.4 billion parcels in 2025, up 25% y/y. Poland grew modestly (+8%), while faster expansion came from abroad: the eurozone (+17%) and especially the UK (+199%) following the consolidation of Yodel. Europe has clearly become the main growth engine, even as Poland remains a stable base.
This shift comes at a cost: adjusted EBITDA margins fell to around 29%, mainly due to integration costs in the UK and heavy investment in the parcel locker network. InPost continues to scale rapidly, but profitability is expected to recover only gradually as integration benefits materialize.
