Stark Future reports 212% Q1 growth
EBITDA profit
Stark Future says it has delivered its strongest financial result yet, with Q1 2026 revenue up 212 per cent year-on-year and the business posting its first EBITDA-profitable quarter. The Barcelona-based electric motorcycle manufacturer also said the result came in ahead of internal budget.
The company says the momentum reflects continued demand for its VARG platform, led in part by the recently launched VARG SM supermoto.
Founder and CEO Anton Wass said the company had exceeded its own plan while doing so profitably, describing the result as evidence that Stark’s expansion is being supported by product demand rather than loss-fuelled growth.
Stark Future founder and CEO Anton Wass at the company’s Barcelona production facility.
The Q1 performance follows what Stark described as a strong 2025, with the company reporting 77 per cent year-on-year revenue growth to EUR 115 million and profitability in five of the final nine months of last year. Stark says the new VARG SM has broadened its reach beyond its original off-road base and that the model has exceeded expectations in its opening phase.
Stark says its off-road position continues to strengthen, claiming the VARG EX is now the best-selling enduro model in Germany, France and Italy. The company also says Germany alone delivered around 50 per cent market share within Stark’s first year of commercial availability, while multiple other territories have reached or exceeded 20 per cent share in the enduro category.
Stark VARG EX is now the best-selling enduro model in Germany, France and Italy.
Those are notable claims in some of Europe’s most competitive motorcycle markets and form a key part of Stark’s argument that electric motorcycles are increasingly being chosen on product merit rather than viewed purely as an alternative to combustion models.
Just as notable as the sales growth is the profitability marker. Reaching EBITDA-positive territory while still investing in product development, manufacturing capability and international expansion suggests Stark is entering a more mature phase than many young hardware start-ups manage this early in their lifecycle. The company says it is continuing to build the infrastructure needed to support growth at scale rather than simply chasing short-term volume.
Stark Future’s production line in Barcelona as the company scales manufacturing behind the VARG platform.
The United States remains Stark’s largest market, and the company says it is now expanding dealer support, service coverage, spare parts supply and retail finance discussions there in preparation for broader acceleration. From its Barcelona production and engineering base, Stark says it continues to invest in battery development, electric motor technology, connected-vehicle systems, and a broader platform strategy that will extend into larger-capacity motorcycle categories.
Founded in 2020, Stark says it is preparing for an IPO within the next three years and will raise additional capital in 2026 to support expansion. For now, though, the latest result suggests the company is building genuine momentum in both the off-road and supermoto segments as it pushes deeper into the broader motorcycle market.
Stark Future’s production and engineering headquarters in Barcelona, Spain.
