Bolt has recorded a net profit for the first time in its corporate history, posting €900,000 in net income for the last fiscal year according to its annual report.
The milestone marks a significant shift for the Estonian mobility unicorn, which has long prioritized rapid geographic expansion and market share growth over immediate profitability.
The achievement underscores the company's progress in optimizing unit economics across its ride-hailing, food delivery, and scooter-sharing segments.
While the absolute profit figure remains modest relative to the company's valuation and revenue scale, crossing the break-even threshold is a critical psychological and operational marker for investors and analysts tracking the firm's path to sustainable growth.
Bolt's profitability comes as the broader mobility sector continues to consolidate and mature.
Competitors such as Uber have also been focusing on improving margins and delivering consistent earnings, with recent reports highlighting strong bookings growth despite revenue misses in some quarters.