If you can say one thing about Bajaj Mobility AG (formerly Pierer Mobility AG), it’s that the company is working very hard to turn around KTM’s fortunes. For those who want proof (and yes, I’m always one of those people), take a look at its 2026 Q2 preliminary numbers reporting. Keep in mind that full, audited half-year results won’t be available until the end of August, so for now, that’s all we have to go on (and we can compare and contrast any changes at that time.
For those who are unfamiliar with how KTM’s parent company operates, it (like many other publicly traded companies) regularly releases ad-hoc information that contains such information, as it may influence how investors (or potential investors) act with respect to that particular stock. Therefore, in such cases, you will often have an initial declaration of periodic financial data, followed by a thorough audit in due course.
Anyway, so what is BMAG reporting for Q2 2026? how about this: the company says During that time period it sold a total of 48,672 motorcycles that were branded as KTM, Husqvarna, and/or GasGas models. Incidentally, it is also worth noting that all of these were sold outside the Indian market. Of course, this is notable because India is currently the largest motorcycle market in the world. Only China occasionally comes close, in terms of quantity; Even moto-happy countries like Vietnam and Indonesia are in the rear view here.
BMAG says this number represents a full 71% increase compared to the number sold during the second quarter of 2025. What about the overall numbers for the first half of 2026? At the same time, BMAG says that it has sold a total of 89,004 KTM/Husqvarna/GasGas motorcycles outside India so far this year. Worldwide, the company says it has sold a total of 147,572 motorcycles (almost double the 81,336 it expects to sell in the first half of 2025).
Whichever way you split it, unless the audited versions of these numbers differ significantly (which they probably won’t), that is. Very Of motorcycles.
Revenues also increased accordingly, reaching EUR 370 million in Q2 2026, representing an 80% increase compared to EUR 205 million achieved in Q2 2025. Similarly, when you zoom in on the H1 figures, revenues in the first half of 2026 were around 700 million euros, compared to 373 million euros for the same period in 2025.
Once again, I would stress that these are provisional figures, but coupled with the fact that BMAG has chosen to report on its financials with greater frequency than its predecessor, one thing is very clear. This is a company that is working to regain the trust of everyone who somehow felt let down by KTM’s last major bankruptcy crisis.
Will all this be enough? This may sound cliché, but I’m afraid it’s also true that only time will tell for sure. Sales are one thing, but massive emissions-cheating allegations and MotoGP drama are something else entirely.
