Sustainable smartphone manufacturer Fairphone reported a 116% year-over-year increase in device shipments, marking three consecutive quarters of growth despite a broader 6% decline in the global electronics market.
Key Points
- Fairphone achieved a 116% year-over-year shipment increase in the first quarter of 2026, following a 42% sales jump throughout 2025.
- European market expansion is led by the UK with 241% growth, followed by the Netherlands at 200% and France at 121%.
- The Amsterdam-based company is approaching the milestones of one million total devices sold and $500 million in cumulative revenue.
- Annual revenue for 2025 reached €73.3 million, representing a 35% increase compared to the previous year.
- Growth spans multiple product categories, including modular smartphones, accessories, and audio equipment.