Flipkart Revenue Rises 18.2% in FY26, Net Loss Falls to Rs 8,468 Cr
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Khushi Jain
- October 16, 2026
Walmart-owned Flipkart Group reported an 18.2% year-on-year increase in consolidated revenue in FY26, while its net loss narrowed marginally by 2.1% to Rs 8,468 crore during the fiscal year.
Flipkart Internet’s revenue from operations increased to Rs 145,880 crore in FY26 from Rs 123,451 crore in FY25, according to its consolidated financial statements filed with the Registrar of Companies (RoC).
The FY26 financial statements reflect the consolidated performance of Flipkart Group following its reverse flip to India, which brought 25 subsidiary companies under Flipkart Internet. The consolidation includes key businesses such as Flipkart, Myntra and Cleartrip, among others, following the amalgamation of the group’s Singapore entities with Flipkart Internet in March 2026.
Flipkart’s Revenue Breakdown in FY26
Sale of traded goods remained Flipkart Internet’s largest revenue stream, contributing Rs 1,04,850 crore in FY26, an increase of 12.8% from Rs 92,957 crore in FY25.
This revenue represents product sales through the company’s commerce operations rather than only commissions earned on transactions.
Logistics, warehousing and shipping services emerged as the second-largest revenue stream. Revenue from this segment increased 2.4 times to Rs 23,059 crore in FY26 from Rs 9,580 crore in the previous fiscal year.
Revenue from advertisement services grew 30.7% to Rs 9,597 crore from Rs 7,343 crore a year earlier.
In contrast, revenue from marketplace and collection services declined 43.9% to Rs 6,719 crore from Rs 11,967 crore in FY25. These services include seller fees, commissions and payment collection charges.
Other operating income contributed Rs 1,655 crore in FY26, while non-operating income added another Rs 820 crore. This took Flipkart Internet’s total revenue to Rs 1,46,700 crore during the fiscal year.
Flipkart Internet’s Expenses Rise 16%
Flipkart Internet’s total expenses increased 16% to Rs 1,54,781 crore in FY26 from Rs 1,33,400 crore in FY25.
The cost of materials, which accounted for nearly 74.4% of total expenses, rose 17% to Rs 1,15,118 crore.
Transportation expenses increased 28.9% to Rs 15,154 crore, while advertising expenses rose 4.7% to Rs 4,941 crore.
Employee benefit expenses grew 1.3% to Rs 8,376 crore, including Rs 2,922 crore in employee stock option plan (ESOP) costs.
Depreciation and amortisation expenses stood at Rs 1,801 crore, while legal and professional expenses amounted to Rs 1,595 crore.
EBITDA and Net Loss in FY26
Despite the increase in expenses, Flipkart Internet’s EBITDA loss narrowed 21.5% to Rs 5,891 crore in FY26 from Rs 7,504 crore in FY25.
The company reported an EBITDA margin of -4.04% and a return on capital employed (ROCE) of -39.04%.
Its net loss narrowed marginally by 2.1% to Rs 8,468 crore in FY26 from Rs 8,646 crore in FY25, as revenue growth outpaced the rise in expenses.
Flipkart Internet spent Rs 1.06 to earn every rupee of operating revenue in FY26, compared with Rs 1.08 in the previous fiscal year.
FAQs
1. How much revenue did Flipkart Internet report in FY26?
Flipkart Internet reported revenue from operations of Rs 145,880 crore in FY26, up from Rs 123,451 crore in FY25.
2. What was Flipkart Internet’s net loss in FY26?
The company’s net loss narrowed 2.1% to Rs 8,468 crore in FY26 from Rs 8,646 crore in FY25.
3. What was Flipkart Internet’s largest revenue stream in FY26?
Sale of traded goods was the largest revenue stream, contributing Rs 1,04,850 crore, up 12.8% from Rs 92,957 crore in FY25.
4. How much did Flipkart Internet spend in FY26?
The company’s total expenses increased 16% to Rs 1,54,781 crore in FY26 from Rs 1,33,400 crore in FY25.
5. How much did Flipkart Internet’s EBITDA loss narrow in FY26?
Its EBITDA loss narrowed 21.5% to Rs 5,891 crore in FY26 from Rs 7,504 crore in FY25.
