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Gigasun (GIGA) investor relations material
Gigasun Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Installed base surpassed 400 MW, marking a significant milestone for the company.
Q2 2026 was impacted by weak solar irradiation, lower tariffs in Jiangsu and Anhui, and currency headwinds.
Despite headwinds, cash flow improved and average interest rates declined due to refinancing.
No new installations were commissioned in Q2 to prioritize financial stability over growth.
Financial highlights
Q2 revenues were SEK 61.6 million, down 13.9% year-over-year; net sales SEK 54.7 million.
Operating profit for Q2 was SEK 18.2 million, down from SEK 32.3 million last year.
Loss after financial items and tax was SEK -1.1 million, compared to a profit of SEK 10.0 million in Q2 2025.
Year-to-date revenues were SEK 98.3 million, down 16.6% year-over-year.
Cash flow for Q2 improved to SEK 0.4 million from SEK -50.1 million last year.
Outlook and guidance
Tariff adjustments in Jiangsu and Anhui are now fully implemented; no further changes expected soon.
Management expects a more stable trade and currency environment in H2 2026.
Focus remains on reducing financing and operating costs, with a strong order backlog supporting future growth.
- Installed capacity up 19% year-over-year, but revenue and profit declined on tariff and currency headwinds.GIGA
Q1 2026 - Annual revenue and profitability improved on higher solar output and cost efficiencies.GIGA
Q4 2025 - Record quarter with 15.7% revenue growth, 48.6% higher operating profit, and 382.2 MW capacity.GIGA
Q3 2025 - Strong growth in solar output and revenues, with refinancing lowering interest costs.GIGA
Q2 2025 - Record solar output and refinancing drive Gigasun’s growth amid strong Chinese market demand.GIGA
Q3 2024 - Q2 profit, lower interest costs, and refinancing mark a turnaround for Gigasun.GIGA
Q2 2024 - Revenue and solar output rose, but losses deepened; refinancing and growth hinge on new funding.GIGA
Q1 2025 - Installed capacity up 20%, but Q4 profit hit by weak solar and higher costs.GIGA
Q4 2024
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