Refurbed Revenue to Top €100 Million in 2026 Forecast
Marketplace operators should observe how this scale-up affects commission structures in the secondary electronics sector.
Updated on Oct. 22, 2026 in Public Companies
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Refurbed is projected to surpass €100 million in annual revenue in 2026 as its annualized gross merchandise value exceeds €1 billion. The marketplace, which operates in 24 markets, continues to scale amid ongoing competition in the refurbished electronics sector.
Why it matters
The company is narrowing its annual losses while demonstrating growth in gross merchandise value, signaling a shift toward sustainable scale after securing €50 million in funding in 2025. This growth highlights the evolving maturity of the secondary electronics market, where operators rely on commission-based revenue models to balance expansion and profitability.
Refurbed is projected to earn up to €130 million in revenue for 2026, marking a consistent climb from €93.3 million in 2025 and €61 million in 2023. The company currently sustains an average commission rate of 10.5 percent across its 24 active markets.
The players
Refurbed
A Vienna-based online marketplace for refurbished electronics that operates across 24 international markets.
Back Market
A major competitor in the refurbished electronics industry that reported a gross merchandise value of over €3 billion in 2025.
The details
Refurbed operates a marketplace model that generates revenue by collecting commissions, fees, and additional service charges on electronics sales. With an average commission rate of 10.5 percent, the company leverages high gross merchandise volume to scale its top line. While the company narrowed its annual loss to €5.3 million in 2025, it continues to balance aggressive market expansion against the costs of maintaining service quality across its international footprint.
Timeline
2023: Refurbed recorded €61 million in revenue.
2024: Refurbed recorded €72.3 million in revenue.
2025: Refurbed recorded €93.3 million in revenue.
Fall 2025: Refurbed closed a €50 million funding round.
2026: Refurbed is projected to exceed €100 million in revenue.
Market Landscape
Refurbed is navigating the highly competitive secondary electronics marketplace, where scale is defined by gross merchandise value. The company continues to challenge industry leaders like Back Market by expanding its footprint to 24 markets.
Operators in the refurbished goods space should monitor how commission-based platforms adjust their service fees to improve margins while competing for market share. Businesses must track their own customer acquisition costs relative to the high-volume growth targets typical of this sector.
The takeaway
The trend toward secondary electronics adoption suggests that platforms relying on diversified service fees can scale effectively if they contain operational losses. Future observers should track the company's ability to transition from its 2025 loss to profitability as it approaches the €100 million revenue threshold.
Further reading
For broader context on how marketplace operators scale, visit the Public Companies section.
Source note: This article includes information reported by Trending Topics.
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