Bittium
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Bittium (BITTI) investor relations material

Bittium Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary29 Oct, 2026

Executive summary

  • Q3 net sales rose 97.8% YoY to €45.8M; operating result reached €16.5M, or 36.0% of sales, led by Defence & Security deliveries and licensing.

  • 9M net sales increased 58.7% YoY to €103.7M and operating result was €26.1M; order backlog reached €71.7M, nearly 90% from Defence & Security.

Financial highlights

  • Q3 product sales were €37.8M, 82.4% of total; services sales were €8.1M, 17.6%.

  • 9M product sales were €79.8M, 76.9% of total; services sales were €23.9M, 23.1%.

  • 9M net income was €20.5M vs. €3.8M; EPS was €0.576 vs. €0.108.

  • 9M operating cash flow was €63.8M vs. €10.8M, primarily reflecting collections of trade receivables; net cash increased €44.4M.

Outlook and guidance

  • FY26 guidance updated: net sales €140–155M and operating result €29–36M, from prior operating-result guidance of €26–32M; revision reflects stronger-than-expected Defence & Security profitability.

  • Sales and operating result are expected to be weighted to H2; individual order and delivery timing may significantly affect quarterly results.

  • Q4 focus is deliveries, profitability and customer relationships; the new operating structure takes effect in January 2027.

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Frequently asked questions

Bittium Oyj is a Finnish technology company specializing in secure communications, connectivity, and medical technology solutions. The company provides advanced products and services for defense, public safety, and industrial sectors, focusing on secure data transmission and communication systems. Bittium offers a range of tactical communications systems, software solutions, and devices designed to ensure the safe exchange of critical information in challenging environments. Additionally, the company develops wearable medical technology for remote monitoring and diagnostics, targeting the healthcare industry with innovative wireless solutions. The company is headquartered in Oulu, Finland, and its shares are listed on the Helsinki Stock Exchange.