Stark Future says its electric Varg EX has become the best-selling enduro motorcycle in the world, outselling every gas-powered rival. This time, the Barcelona company brought receipts. First-half 2026 revenue hit €86.0 million (about $99 million), up 46% from a year ago, and Stark was EBIT-positive for the first time. [Ed. note: EBIT is Earnings Before Interest and Taxes; EBITDA ignores Depreciation and Amortization]

Often, young vehicle makers tout EBITDA profits, as that metric ignores factory and tooling depreciation. EBIT counts those costs, which is a higher bar of success.

Stark Future’s EBITDA of €5.3 million on a 6.1% margin is impressive compared to a €1.7 million loss a year earlier. That’s a swing of roughly €7 million. Gross margin climbed 9.3 points to 39.6% as per-bike costs fell with volume. Stark delivered 8,124 motorcycles in the half, up 45%, and says the second quarter set company records for monthly revenue, dealer sell-out, and factory output.

“We set a plan, and we exceeded it,” said Stark Future Founder and CEO Anton Wass. “Reaching EBIT-positive while still investing heavily in new technology is the part that matters. It shows the growth is funded by a strong underlying profitability, real demand and disciplined execution, not by burning cash.”

The margin story isn’t just about motorcycles. Spare-parts revenue more than tripled year over year, and software revenue set records after the launch of Stark’s patent-pending Dynamic Traction Control. Parts and software carry healthier margins than complete motorcycles, and both grow as more motorcycles are delivered.

Keep in mind that the best-seller-in-the-world claim is Stark’s own; the Barcelona-based company cited no registration data. In April, it made the narrower claim of best-selling enduro in Germany, France, and Italy, with roughly 50% of the German enduro market in its first year there.

Also, growth is cooling off a steep curve. First-quarter revenue rose 212%, so a 46% half means the second quarter grew considerably more slowly year over year, even as it set those sequential records.

The timing of the good news is no accident. Stark is raising capital this year, with several institutions in due diligence, and says it is preparing for an IPO within three years. It also hired a new CFO, Max Cichon, who brings Tier-1 automotive experience. Profitable growth is precisely the story a company wants to tell lenders and future shareholders.

Stark took in €115 million in revenue in calendar year 2025, and it has cleared three-quarters of that in six months. “We remain confident in our full-year forecast,” Wass said.

For American riders, the practical news is closer to home. The United States is Stark’s largest market, and the company is building out dealer support, service coverage, spare-parts supply, and retail financing ahead of a bigger push here.