Hedin Mobility
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Hedin Mobility (HEDIN) investor relations material

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Hedin Mobility Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary27 Feb, 2026

Executive summary

  • Revenue for 2025 decreased by 3% year-over-year to 89,630 MSEK, with Q4 revenue down 7% to 22,326 MSEK compared to Q4 2024.

  • Operating profit (EBIT) for the year fell to -135 MSEK from -55 MSEK, and Q4 EBIT dropped to -314 MSEK from 64 MSEK.

  • Net result for 2025 was -1,143 MSEK, a slight improvement from -1,157 MSEK in 2024.

  • Market conditions remained weak, especially in new car sales, with ongoing margin pressure in used vehicles.

  • Cost-saving and efficiency measures reduced operational costs by 1,500 MSEK during the year.

Financial highlights

  • Operating margin for 2025 was 0.1% (0.5% in 2024); Q4 margin was -0.9% (0.5%).

  • Cash flow from operations was 2,019 MSEK for the year, with available liquidity of 1,135 MSEK at year-end.

  • Net debt reduced by approximately 1,000 MSEK during 2025.

  • EBITDA for 2025 was 132 MSEK, up from 86 MSEK in 2024 (adjusted for non-recurring items).

Outlook and guidance

  • Management expects continued market challenges in H1 2026, with potential improvement in H2.

  • Focus remains on optimizing operations, improving cash flow, and strengthening margins.

Used EV margin recovery plan
Long-term capital efficiency strategy
Distribution brand mix strategy
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Next Hedin Mobility earnings date

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Q1 202629 May, 2026
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