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Integrated Wind Solutions (IWS) investor relations material
Integrated Wind Solutions Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record high total revenue of €36.5m in Q2 2026, up 28% year-over-year and 6% sequentially.
Group EBITDA reached €14.8m, a 64% increase year-over-year and 46% sequentially, driven mainly by IWS Fleet.
Net profit hit €9.6m, up 79% year-over-year and 98% from Q1, with record earnings per share of €0.18.
Board declared a third consecutive ordinary quarterly cash dividend of NOK 1.00 per share.
Financial highlights
Total revenue for Q2 2026: €36.5m (Q2 2025: €28.4m; Q1 2026: €34.4m).
EBITDA: €14.8m (Q2 2025: €9.0m; Q1 2026: €10.1m).
Net profit: €9.6m (Q2 2025: €5.4m; Q1 2026: €4.9m).
Earnings per share: €0.18 (Q2 2025: €0.10; Q1 2026: €0.08).
Cash and cash equivalents at quarter-end: €45.2m.
Outlook and guidance
Offshore wind sector expected to see double-digit growth, with IWS positioned for long-term industry expansion.
Net profit for full year 2026 expected to increase by at least 20%, mainly from IWS Fleet.
IWS Fleet anticipates continued high commercial utilisation and solid revenue/EBIT growth in 2026, with strong backlog visibility into 2027 and 2028.
IWS Services expects high revenue growth in 2026, with long-term ambition to more than double revenues by 2030 compared to 2025.
Quarterly dividends to continue in line with policy.
- Record Q1 2026 revenue, strong profit growth, and continued dividends signal robust performance.IWS
Q1 2026 - Record Q4 profit, strong fleet performance, and first dividend highlight robust growth.IWS
Q4 2025 - All six vessels operational, driving strong cash flow and a €149m revenue backlog.IWS
Pareto securities 28th annual power & renewable conference presentation - Record net profit and robust fleet performance ensure high revenue visibility for 2026.IWS
Q3 2025 - Record Q2 2025 revenue and profit, strong fleet utilisation, and positive market outlook.IWS
Q2 2025 - Record Q3 revenue and profit, fleet expansion, and strong growth outlook in offshore wind.IWS
Q3 2024 - Revenue and profit rebounded in Q2, driven by vessel growth and Sumitomo investment.IWS
Q2 2024 - Record revenue and high vessel utilization drive strong Q1 2025 results and outlook.IWS
Q1 2025 - Record revenue and profit growth as fleet expands and offshore wind market accelerates.IWS
Q4 2024
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Next Integrated Wind Solutions earnings date
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