)
Indra Sistemas (IDR) investor relations material
Indra Sistemas Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved all Q1 2026 objectives with strong transformation, industrial expansion, and double-digit growth in revenue (+14.6%), EBITDA (+54.7%), and EBIT (+24.2%), driven by Defence, Space, and ATM.
Backlog reached €20.3bn (+154% YoY), supported by major contract wins and the consolidation of Hispasat, Hisdesat, and Eutelsat.
Net profit rose 28% to €76m, and free cash flow surged to €1,444m, mainly due to Defence program prepayments.
Workforce increased 3% YoY to 62,689, mainly in Defence (+35%).
2026 guidance reaffirmed, with focus on AI, internationalization, and operational optimization.
Financial highlights
Revenues: €1,334m (+14.6% YoY); EBITDA: €194m (+54.7% YoY, margin 14.5%); EBIT: €118m (+24.2% YoY, margin 8.9%).
Order intake: €2,856m (+56% YoY); backlog: €20,334m (+154% YoY); book-to-bill ratio at 2.14x.
Net profit: €76m (+28% YoY); free cash flow: €1,444m, but adjusted FCF (excluding Defence prepayments and constant factoring) at -€40m.
Net cash position of €855m; Net Debt/EBITDA LTM: -1.3x.
Revenue per employee up 11% YoY; cost of gross debt at 2.9% with 3.9 years average maturity.
Outlook and guidance
2026 guidance reiterated: revenue >€7bn, EBIT >€700m, FCF >€375m (excluding Defence prepayments and assuming constant factoring).
Guidance for 2026 is 17% above original plan for revenue and EBIT, 19% above for FCF.
Strategic plan "Leading the Future Scale Up" to be presented before October 31, 2026, with visibility to 2030.
Expectation of continued quarter-over-quarter revenue growth and robust delivery agenda.
Focus on internationalization, industrial plan execution, and culture of excellence.
- Record 2025 growth in revenue, net profit, and order intake, led by Defense and tech expansion.IDR
Q4 202512 Apr 2026 - FY25 revenues hit €5.46bn, with record backlog and ambitious growth targets for 2026.IDR
Investor presentation10 Apr 2026 - Record FY25 results and ambitious 2026 targets highlight strong growth in Defence and digital.IDR
Investor presentation20 Mar 2026 - Net profit up 88% to €215m, with strong Defense and ATM growth and robust order intake.IDR
Q2 20253 Feb 2026 - Double-digit growth in 1H24 led to upgraded 2024 guidance and strong segment results.IDR
Q2 20242 Feb 2026 - Double-digit growth, higher margins, and reduced debt support a strong 2024 outlook.IDR
Q3 202418 Jan 2026 - Strong growth in Defence and digital, targeting €10B revenue and global leadership by 2030.IDR
Investor presentation14 Jan 2026 - EUR 725M acquisition of Hispasat and Hisdesat creates a leading integrated European space player.IDR
M&A Announcement9 Jan 2026 - Revenues up 12%, net profit up 35%, and strong Defence and ATM growth in 2024.IDR
Q4 202427 Dec 2025
Next Indra Sistemas earnings date
Next Indra Sistemas 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
Explore our global coverage
)
)