Teleport posts 35% revenue growth in H1 2026

Teleport recorded strong growth in the first half of 2026, with revenue increasing 35% year on year to $156.4 million, despite fuel price volatility, disruptions along Middle East trade corridors, and tighter industry capacity.

The company reported Q2 revenue of $78.4 million, up 37% from the same period last year. EBITDA for the quarter rose 26% year on year to $6.8 million, while first-half EBITDA increased 15% to $12.1 million.

Teleport also remained profitable during the period, recording $2.1 million in net operating profit in Q2, compared with $0.5 million a year earlier. For the first half, net operating profit stood at $2.7 million.

Cargo volumes continued to grow, with Teleport moving 85,877 tonnes in Q2, an 11% year-on-year increase, and 182,660 tonnes during H1, up 18%.

The company also reported significant growth in parcel volumes. It delivered 56.5 million parcels in Q2, representing a 79% year-on-year increase, while H1 parcel volumes nearly doubled to 118.2 million, up 99%.

Teleport attributed its performance to the resilience of its asset-light Teleport Network model, which enabled the company to grow volumes and revenue while navigating challenging market conditions.

Looking ahead to the second half of 2026, Teleport said it is preparing for the seasonal e-commerce peak and plans to expand its network in markets offering strong growth opportunities.