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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