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Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Axolot Solutions
Axolot Solutions (AXOLOT) investor relations material
Axolot Solutions Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
Q3 was commercially quiet, but strategic review prompted a return to direct market development in Sweden and Norway, a new market-focused CEO, and extended customer pilot testing.
Pilot results for process-industry water were positive; Sulfaway sulfate-treatment trials on mine water also showed promise, with commercial-scale orders still requiring further development.
Financial highlights
Q3 2026 revenue was SEK 402k vs SEK 3,925k YoY, mainly consulting; operating loss was SEK 2,864k vs SEK 809k, and net loss was SEK 2,843k vs SEK 813k.
9M 2026 revenue was SEK 2,939k vs SEK 8,645k; operating loss was SEK 7,734k vs SEK 4,392k, and net loss was SEK 7,673k vs SEK 4,479k.
Q3 operating cash flow was -SEK 3,893k and investment cash flow -SEK 556k; combined operating and investment cash flow was -SEK 4,449k vs -SEK 815k YoY.
Cash at September 30 was SEK 9,314k vs SEK 14,674k a year earlier; two unpaid customer invoices totaled SEK 1,187k at quarter-end.
Outlook and guidance
Long-duration pilot tests at potential customers are expected to support new business in 2027; results were positive and generated process improvements.
Direct sales activity in Sweden and Norway was to resume in Q4 2026; management expected new business activity in the coming quarter, using an established consultant and subcontractor network.
Latin American leads remain active, with potential opportunities in mining, process and food industries; large-corporation evaluation and decision processes are slow.
Sulfaway has completed initial pilot tests with promising results, but substantial work remains before a first full-scale order can be expected.
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Latest events from Axolot Solutions
- Sales fell on project delays, but strong market interest and cash position support growth.AXOLOT
Q2 2026 - Sales fell and losses widened, but cash strengthened as international expansion accelerates.AXOLOTQ1 2026
- Revenue surged in 2025, supported by expansion and key partnerships, despite a net loss.AXOLOTQ4 2025
- Sales and operating results improved in Q3 2025, with accelerated international expansion.AXOLOTQ3 2025
- Order growth, international expansion, and regulatory tailwinds drive positive Q2 momentum.AXOLOTQ2 2025
- Q3 sales surged, but losses deepened as Axolot completed a transformative merger with Mellifiq.AXOLOTQ3 2024
- Sales up but losses widen; new funding secured for growth amid rising market demand.AXOLOTQ2 2024
- Q1 2025 saw Axolot's sales surge and key PFAS contracts secured via partner expansion.AXOLOTQ1 2025
- Strategic shift and major partnership drive Axolot's growth prospects despite 2024 losses.AXOLOTQ4 2024
Next Axolot Solutions earnings date
Q4 202611 Feb, 2027
Axolot Solutions
Next Axolot Solutions earnings date
Q4 202611 Feb, 2027
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Frequently asked questions
Axolot Solutions Holding AB specializes in environmental technology, focusing on industrial water treatment solutions. The company's offerings include systems for water purification and recycling, energy optimization, and waste treatment and disposal. Axolot Solutions serves various industries, providing sustainable solutions to reduce environmental impact and enhance resource efficiency. The company is headquartered in Helsingborg, Sweden, and its shares are listed on the Nasdaq Stockholm.