Integrated Wind Solutions
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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.
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Q2 2026 earnings summary27 Aug, 2026

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.

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Frequently asked questions

Integrated Wind Solutions ASA (IWS) is a Norway-based offshore wind service company that focuses on providing integrated solutions for the offshore wind industry. The company's offerings aim to address the entire offshore wind value chain, providing a comprehensive suite of services designed to enhance project efficiency, streamline project management, and reduce costs. Integrated Wind Solutions is divided into three business segments: IWS Fleet AS, which owns and operates Commissioning Service Operation Vessels (CSOVs), IWS Services, which supports the offshore wind supply chain, and financial investments in wind operations and asset management companies. The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.