Stocks › Internet Retail › HEPS

D-MARKET Electronic Services & Trading HEPS

US equityMarket cap rank #3147Internet Retail

$2.66 +$0.01 (+0.19%)

Market open · Oct 8, 12:30 pm ET · After hours $2.60 -1.89%

Open$2.63

Prev close$2.65

Day range$2.61 – $2.67

Volume126.1K

Market cap$1.14B

P/E (TTM)–

Dividend yield–

Fundamentals

Latest reported quarter: Q2, ended Jun 2026 · reported in TRY

RevenueTRY 22.81B+3.1% YoY

Operating profit-TRY 668.74M-233.1% YoY

Net profit-TRY 1.89B-97.6% YoY

Diluted EPS-TRY 5.10-75.9% YoY

Free cash flowTRY 1.47B-66.5% YoY

Operating cash flowTRY 2.25B

Revenue, last 8 quarters

Net profit, last 8 quarters

Diluted EPS by quarter

Free cash flow by quarter

Annual revenue

Profitability & balance sheet

Gross margin36.2%

Operating margin-2.2%

Net margin-8.0%

Return on equity-636.5%

Return on assets-23.1%

Return on invested capital-153.8%

Current ratio0.77

Liabilities / assets101.8%

Cash & investmentsTRY 9.04B

Total debtTRY 1.33B

Net cash (debt)TRY 7.71B

Free cash flow / sales6.7%

This company reports in its own local currency, not U.S. dollars. Every figure below is labeled with its real currency, not automatically converted.

Income statement

Line item	2026 Q2 (TRY)	2026 Q1 (TRY)	2025 ANNUAL (TRY)	2025 Q4 (TRY)	2025 Q3 (TRY)
Total Revenue as Reported	TRY 22.81B	TRY 23.14B	TRY 84.65B	TRY 30.34B	TRY 19.92B
Total Operating Revenue	TRY 22.81B	TRY 23.14B	TRY 84.65B	TRY 30.34B	TRY 19.92B
Cost of Revenue	TRY 14.19B	TRY 14.64B	TRY 53.98B	TRY 19.95B	TRY 12.51B
Gross Profit	TRY 8.62B	TRY 8.50B	TRY 30.67B	TRY 10.38B	TRY 7.41B
Operating Expense	TRY 9.29B	TRY 8.94B	TRY 31.57B	TRY 10.11B	TRY 8.00B
Selling and Admin Expenses	TRY 7.61B	TRY 7.29B	TRY 26.46B	TRY 9.78B	TRY 6.51B
-Selling & Marketing Expense	TRY 4.91B	TRY 4.57B	TRY 16.50B	TRY 6.18B	TRY 4.26B
-General & Admin Expense	TRY 2.69B	TRY 2.72B	TRY 9.96B	TRY 3.60B	TRY 2.25B
Depreciation & Amortization & Depletion	TRY 932.86M	TRY 862.59M	TRY 3.17B	TRY 899.67M	TRY 764.31M
-Depreciation & Amortization	TRY 932.86M	TRY 862.59M	TRY 3.17B	TRY 899.67M	TRY 764.31M
Other Operating Expenses	TRY 748.50M	TRY 785.25M	TRY 1.90B	-TRY 615.90M	TRY 726.96M
Operating Profit	-TRY 668.74M	-TRY 439.57M	-TRY 901.62M	TRY 277.41M	-TRY 590.55M
Net Non-Operating Interest Income (Expense)	-TRY 2.31B	-TRY 1.99B	-TRY 7.23B	-TRY 3.32B	-TRY 1.68B
Non-Operating Interest Income	TRY 924.85M	TRY 1.03B	TRY 4.14B	TRY 652.31M	TRY 1.15B
Non-Operating Interest Expense	TRY 3.23B	TRY 3.02B	TRY 4.21B	-TRY 3.19B	TRY 2.84B
Other Income (Expense)	TRY 1.09B	TRY 1.47B	TRY 2.39B	-TRY 189.91M	TRY 946.45M
Special Income (Charges)	-TRY 24.87M	-TRY 2.75M	-TRY 1.12B	–	–
-Less:Write Off	TRY 24.87M	TRY 2.75M	TRY 846.57M	–	–
Other Non-Operating Income (Expenses)	TRY 1.11B	TRY 1.47B	TRY 3.36B	TRY 775.40M	TRY 946.45M
Pretax Profit	-TRY 1.89B	-TRY 961.22M	-TRY 5.74B	-TRY 3.23B	-TRY 1.32B
Tax	-TRY 2.33M	TRY 30.75M	-TRY 43.15M	-TRY 43.15M	TRY 0.00
Net Profit	-TRY 1.89B	-TRY 991.97M	-TRY 5.70B	-TRY 3.19B	-TRY 1.32B
Profit from Continuing Operations	-TRY 1.89B	-TRY 991.97M	-TRY 5.70B	-TRY 3.19B	-TRY 1.32B
Net Income to Parent Company	-TRY 1.89B	-TRY 991.97M	-TRY 5.70B	-TRY 3.19B	-TRY 1.32B
Net Income to Common Stockholders	-TRY 1.89B	-TRY 991.97M	-TRY 5.70B	-TRY 3.19B	-TRY 1.32B
Basic EPS	-TRY 5.10	-TRY 2.70	-TRY 15.31	-TRY 10.00	-TRY 4.10
Diluted EPS	-TRY 5.10	-TRY 2.70	-TRY 15.31	-TRY 10.00	-TRY 4.10
Other Taxes	–	–	TRY 44.42M	–	–
Total Other Finance Costs	–	–	TRY 7.16B	–	–
Gain on Sale of Security	–	–	TRY 150.72M	–	–
-Less:Impairment of Capital Assets	–	–	TRY 269.46M	–	–

Balance sheet

Line item	2026 Q2 (TRY)	2026 Q1 (TRY)	2025 ANNUAL (TRY)	2025 Q4 (TRY)	2025 Q3 (TRY)
Total Assets	TRY 33.10B	TRY 32.39B	TRY 36.95B	TRY 36.95B	TRY 32.79B
Total Current Assets	TRY 24.53B	TRY 24.44B	TRY 29.67B	TRY 29.67B	TRY 25.79B
Cash and Cash Equivalents & Short-Term Investments	TRY 9.04B	TRY 9.84B	TRY 13.32B	TRY 13.32B	TRY 9.31B
-Cash and Cash Equivalents	TRY 7.01B	TRY 7.93B	TRY 11.31B	TRY 11.31B	TRY 7.41B
-Short Term Investments	TRY 2.03B	TRY 1.92B	TRY 2.02B	TRY 2.02B	TRY 1.91B
Receivables	TRY 5.32B	TRY 4.86B	TRY 6.37B	TRY 6.37B	TRY 5.53B
-Accounts Receivable	TRY 5.32B	TRY 4.86B	TRY 6.24B	TRY 6.24B	TRY 5.47B
-Due from Related Parties Current	TRY 0.00	TRY 0.00	TRY 206,000.00	TRY 206,000.00	TRY 0.00
Inventory	TRY 8.87B	TRY 8.21B	TRY 8.73B	TRY 8.73B	TRY 9.59B
Restricted Cash	TRY 251.63M	TRY 233.31M	TRY 223.80M	TRY 223.80M	TRY 161.08M
Other Current Assets	TRY 1.04B	TRY 1.28B	TRY 125.62M	TRY 125.62M	TRY 1.19B
Total Non-Current Assets	TRY 8.57B	TRY 7.95B	TRY 7.28B	TRY 7.28B	TRY 7.00B
Net PPE	TRY 3.97B	TRY 3.64B	TRY 3.29B	TRY 3.29B	TRY 2.98B
-Gross PPE	TRY 3.97B	TRY 3.64B	TRY 10.55B	TRY 10.55B	TRY 2.98B
Non Current Accounts Receivables	TRY 11.47M	TRY 18.13M	TRY 26.75M	TRY 26.75M	TRY 39.86M
Goodwill and Other Intangible Assets	TRY 4.50B	TRY 4.20B	TRY 3.87B	TRY 3.87B	TRY 3.94B
Non-Current Deferred Assets	TRY 56.44M	TRY 52.74M	TRY 47.93M	TRY 47.93M	–
Other Non-Current Assets	TRY 31.29M	TRY 35.64M	TRY 754,000.00	TRY 754,000.00	TRY 43.35M
Total Liabilities	TRY 33.68B	TRY 31.17B	TRY 34.93B	TRY 34.93B	TRY 31.93B
Total Current Liabilities	TRY 31.97B	TRY 29.80B	TRY 33.39B	TRY 33.39B	TRY 30.48B
Payables	TRY 24.70B	TRY 22.30B	TRY 26.72B	TRY 26.72B	TRY 23.14B
-Accounts Payable	TRY 24.70B	TRY 22.30B	TRY 25.88B	TRY 25.88B	TRY 23.14B
Short-Term Debt and Capital Lease Obligation	TRY 1.51B	TRY 1.66B	TRY 1.65B	TRY 1.65B	TRY 2.01B
-Current Debt	TRY 469.24M	TRY 343.17M	TRY 596.55M	TRY 596.55M	TRY 1.00B
-Current Capital Lease Obligation	TRY 1.04B	TRY 1.32B	TRY 1.05B	TRY 1.05B	TRY 1.01B
Current Provisions	TRY 257.10M	TRY 219.53M	TRY 429.62M	TRY 429.62M	TRY 242.21M
Current Deferred Liabilities	TRY 2.45B	TRY 2.72B	TRY 3.16B	TRY 3.16B	TRY 2.57B
Other Current Liabilities	TRY 2.31B	TRY 2.35B	TRY 102.80M	TRY 102.80M	TRY 1.69B
Total Non-Current Liabilities	TRY 1.71B	TRY 1.36B	TRY 1.54B	TRY 1.54B	TRY 1.45B
Long Term Debt and Capital Lease Obligation	TRY 861.55M	TRY 609.90M	TRY 778.34M	TRY 778.34M	TRY 765.40M
-Long Term Capital Lease Obligation	TRY 861.55M	TRY 609.90M	TRY 778.34M	TRY 778.34M	TRY 765.40M
Employee Benefits	TRY 239.65M	TRY 306.54M	TRY 262.94M	TRY 262.94M	TRY 196.33M
Other Non-Current Liabilities	TRY 611.92M	TRY 447.81M	–	–	TRY 488.29M
Total Equity	-TRY 582.28M	TRY 1.22B	TRY 2.01B	TRY 2.01B	TRY 862.22M
Stockholders' Equity	-TRY 582.28M	TRY 1.22B	TRY 2.01B	TRY 2.01B	TRY 862.22M
Capital Stock	TRY 1.12B	TRY 1.04B	TRY 949.54M	TRY 949.54M	TRY 903.04M
-Common Stock	TRY 1.12B	TRY 1.04B	TRY 949.54M	TRY 949.54M	TRY 903.04M
Additional Paid-In Capital	TRY 23.21B	TRY 21.69B	TRY 19.71B	TRY 19.71B	TRY 26.23B
Retained Earnings	-TRY 24.54B	-TRY 21.16B	-TRY 18.33B	-TRY 18.33B	-TRY 25.96B
Less: Treasury Stock	TRY 377.97M	TRY 353.20M	TRY 320.97M	TRY 320.97M	TRY 307.58M
-Taxes Receivable	–	–	TRY 126.18M	TRY 126.18M	–
Prepaid Assets	–	–	TRY 899.12M	TRY 899.12M	–
-Accumulated Depreciation	–	–	-TRY 7.26B	-TRY 7.26B	–
Non-Current Prepaid Assets	–	–	TRY 39.80M	TRY 39.80M	–
-Goodwill	–	–	TRY 538,000.00	TRY 538,000.00	–
-Other Intangible Assets	–	–	TRY 3.87B	TRY 3.87B	–
-Total Tax Payable	–	–	TRY 831.78M	TRY 831.78M	–
-Due to Related Parties Current	–	–	TRY 0.00	TRY 0.00	TRY 0.00
-Other Payable	–	–	TRY 4.47M	TRY 4.47M	–
Current Accrued Expenses	–	–	TRY 319.05M	TRY 319.05M	–
Non-Current Deferred Liabilities	–	–	TRY 503.43M	TRY 503.43M	–
Gains/Losses Not Affecting Retained Earnings	–	–	TRY 0.00	TRY 0.00	TRY 0.00
-Other Receivables	–	–	–	–	TRY 64.58M

Cash flow

Line item	2026 Q2 (TRY)	2026 Q1 (TRY)	2025 ANNUAL (TRY)	2025 Q4 (TRY)	2025 Q3 (TRY)
Operating Cash Flow	TRY 2.25B	-TRY 395.09M	TRY 11.28B	TRY 4.39B	TRY 2.25B
Net cash flow from continuing operations	TRY 2.25B	-TRY 395.09M	TRY 11.28B	TRY 4.39B	TRY 2.25B
Net Income from Continuing Operations	-TRY 1.96B	-TRY 991.97M	-TRY 5.70B	-TRY 3.19B	-TRY 1.05B
Gain/Loss from Continuing Operations	TRY 63.86M	TRY 328.71M	TRY 501.29M	TRY 123.88M	-TRY 55.60M
Depreciation & Depletion & Amortization	TRY 993.36M	TRY 862.59M	TRY 3.17B	TRY 899.67M	TRY 419.28M
Deferred Tax	-TRY 169,000.00	TRY 30.75M	-TRY 43.15M	–	–
Other Non-Cash Items	TRY 2.80B	TRY 2.38B	TRY 7.95B	TRY 3.56B	TRY 907.05M
Change in Working Capital	TRY 591.35M	-TRY 2.90B	TRY 4.24B	TRY 2.77B	TRY 2.12B
-Change in Receivables	TRY 175.32M	TRY 2.01B	-TRY 78.45M	-TRY 508.07M	TRY 790.98M
-Change in Inventory	TRY 21.93M	TRY 1.52B	-TRY 1.16B	TRY 1.27B	-TRY 1.45B
-Change in Payables and Accrued Expense	TRY 385.76M	-TRY 6.15B	TRY 6.55B	TRY 1.93B	TRY 3.01B
-Change in Other Current Assets	TRY 349.78M	TRY 11.12M	-TRY 514.27M	TRY 26.06M	-TRY 284.83M
-Change in Other Current Liabilities	-TRY 93.44M	TRY 297.88M	-TRY 848.86M	-TRY 274.57M	TRY 102.57M
-Change In Other Working Capital	-TRY 248.01M	-TRY 585.22M	TRY 289.88M	TRY 324.73M	-TRY 52.92M
Net cash flow from investing	-TRY 10.82M	TRY 298.37M	TRY 2.57B	TRY 522.58M	-TRY 20.86M
Net Cash Flow from Continuing Investing Activities	-TRY 10.82M	TRY 298.37M	TRY 2.57B	TRY 517.58M	-TRY 15.86M
Net PPE Purchase and Sale	-TRY 771.62M	-TRY 725.13M	-TRY 2.41B	-TRY 703.56M	-TRY 253.93M
Net Investment Purchase and Sale	TRY 8.61M	TRY 177.40M	TRY 1.01B	TRY 12.27M	-TRY 222.02M
Financing Cash Flow	-TRY 3.44B	-TRY 3.37B	-TRY 9.24B	-TRY 962.17M	-TRY 1.98B
Net Cash Flow from Continuing Financing Activities	-TRY 3.44B	-TRY 3.37B	-TRY 9.24B	-TRY 962.17M	-TRY 1.98B
Net Issuance Payments Of Debt	-TRY 350.00M	-TRY 617.55M	-TRY 2.59B	-TRY 953.79M	-TRY 240.78M
Cash Dividends Paid	TRY 0.00	TRY 0.00	TRY 0.00	TRY 0.00	TRY 0.00
Ending Cash Balance	TRY 7.00B	TRY 7.91B	TRY 11.30B	TRY 11.30B	TRY 7.40B
Net Change in Cash	-TRY 1.20B	-TRY 3.47B	TRY 4.61B	TRY 3.95B	TRY 247.02M
Beginning Cash Balance	TRY 7.91B	TRY 12.43B	TRY 8.83B	TRY 7.40B	TRY 9.36B
Effect of Exchange Rate Changes	-TRY 1.68B	TRY 5.08M	TRY 36.75M	TRY 5.94M	TRY 1.52B
Free Cash Flow	TRY 1.47B	-TRY 1.12B	TRY 8.87B	TRY 3.69B	TRY 2.00B
Net Common Stock Issuance	–	–	TRY 4.17B	TRY 4.17B	–

Discussion

No comments yet — be the first to weigh in on HEPS.