)
Filtronic (AIM:FTC) investor relations material
Filtronic H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved commercial momentum in HY2026 with a record order book, significant contract wins in space and defence, and results in line with expectations despite lower profits due to strategic investments.
Completed relocation to a new, advanced headquarters and manufacturing facility, increasing production capacity and supporting future revenue growth.
Maintained strong R&D investment to drive innovation and expand product offerings in high-frequency RF technologies.
Strong cash generation enabled continued investment, leaving the group well positioned for growth.
Secured largest-ever contract with SpaceX ($62.5m), plus new multi-year contracts with European space and defence customers, diversifying revenue mix.
Financial highlights
Group revenue for HY2026 was £25.3m, nearly flat compared to HY2025 (£25.6m), with adjusted EBITDA margin at 20% (£5.1m) and operating profit at £2.6m.
Profit for the period: £2.6m (H1 2025: £6.7m); basic EPS: 1.20p (H1 2025: 3.08p); diluted EPS: 1.14p (H1 2025: 3.04p).
Cash at bank stood at £10.5m as of 30 November 2025, with net cash (excl. leases) at £8.2m.
Total assets at 30 Nov 2025: £55.0m; net assets: £38.6m.
Cash generated from operations: £3.4m (H1 2025: £2.1m).
Outlook and guidance
Entered H2 2026 with a record order book and ~90% of FY2026 revenues covered by contracted orders.
Market expectations for FY2026: revenue £55.5m (range £54m–£56.9m), EBITDA £10.9m (range £10.1m–£12.0m), with customer diversification expected to reduce reliance on the lead customer.
Confident in maintaining 20%+ adjusted EBITDA margins due to technology leadership and market positioning.
Long-term growth supported by robust demand in space, aerospace, and defence markets.
Next Filtronic earnings date
Next Filtronic earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)