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Bahnhof
Bahnhof (BAHN) investor relations material
Bahnhof Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary18 Aug, 2026
Executive summary
Revenue for H1 2026 increased by 7% year-over-year to 1,158.4 MSEK, with EBIT up 7% to 150.1 MSEK and net income at 117.9 MSEK, reflecting stable profitability amid growth initiatives.
The company maintains its full-year 2026 guidance of 2.4 billion SEK in revenue and an EBIT margin above 12%.
Growth is driven by both corporate and private markets, with significant expansion in Nordeuropa, especially Norway and Finland.
Major investments continue in network upgrades and the new Bahnhof Bunker datacenter, with first customers expected in Q1 2027.
Telenor has made a bid to acquire a majority stake, pending regulatory approval.
Financial highlights
EBITDA for H1 2026 was 182.0 MSEK, up from 167.9 MSEK year-over-year.
Net margin was 13.1% (vs. 13.4% in H1 2025), and EBIT margin was 13.0%.
Cash flow for H1 2026 was -87.9 MSEK, impacted by a 215.1 MSEK dividend and 55.1 MSEK in investments.
Cash position at June 30, 2026, was 519.5 MSEK.
Outlook and guidance
Full-year 2026 revenue forecast remains at 2.4 billion SEK with EBIT margin above 12%.
Continued growth expected in both corporate and private segments, with international expansion as a key driver.
Telenor bid impact on brand independence
Dynamic power architecture benefits in Bunker
Profitability outlook for international expansion
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Latest events from Bahnhof
- Q1 2026 saw 9% revenue growth, 11% EBIT rise, and strong Nordic expansion.BAHN
Q1 2026 - 10% revenue growth, strong Nordic expansion, and robust margins despite one-time costs.BAHNQ4 2025
- Q3 revenue up 9.7% to 561.2 MSEK, driven by Nordic growth and major infrastructure investments.BAHNQ3 2025
- Strong growth and Nordic expansion boost revenue and profit, with robust margins maintained.BAHNQ2 2025
- Record Q3 growth, high margins, and Nordic expansion position Bahnhof for a strong 2024.BAHNQ3 2024
- Record customer growth and strong margins drive robust H1 2024 results and outlook.BAHNQ2 2024
- Q1 2025 saw 9% revenue growth, robust cash flow, and accelerating Nordic expansion.BAHNQ1 2025
- Bahnhof achieved robust growth, record margins, and accelerated Nordic expansion in 2024.BAHNQ4 2024
Next Bahnhof earnings date
Q3 202617 Nov, 2026
Bahnhof
Next Bahnhof earnings date
Q3 202617 Nov, 2026
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