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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Irisity
Irisity (IRIS) investor relations material
Irisity Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary27 Aug, 2026
Executive summary
Achieved positive EBITDA of MSEK 1.6 in Q2 2026, reflecting improved cost efficiency and sales growth compared to MSEK -12.0 in Q2 2025.
Net sales increased 52% year-over-year to MSEK 27.3, with strong performance in USA, Canada, and South America.
Recurring revenue (MRR) grew 22% to MSEK 4.5, with partner-led sales as a key driver.
Major contract wins included a U.S. airport and a European precious metals company.
Cost base reduced by 24.9% year-over-year, supporting profitability.
Financial highlights
Q2 2026 net sales: MSEK 27.3 (Q2 2025: MSEK 17.9); H1 2026 net sales: MSEK 46.5 (H1 2025: MSEK 36.0).
Q2 2026 EBITDA: MSEK 1.6 (Q2 2025: MSEK -12.0); H1 2026 EBITDA: MSEK -3.4 (H1 2025: MSEK -30.8).
Result after tax Q2 2026: MSEK -32.5 (Q2 2025: MSEK -37.9); H1 2026: MSEK -70.9 (H1 2025: MSEK -87.4).
Gross margin Q2 2026: 86.3% (Q2 2025: 78.8%).
Cash and available credit lines at period end: MSEK 5.6 (Q2 2025: MSEK 8.8).
Outlook and guidance
Focus remains on commercial growth, recurring revenue, partner-led expansion, and cost discipline for H2 2026.
Additional cost reductions expected to further impact profitability in coming quarters.
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Latest events from Irisity
- Revenue up, losses narrowed, and cost reductions position the company for improved profitability.IRIS
Q1 2026 - Profitability and gross margin improved as transformation and cost reductions took effect.IRISQ4 2025
- Operational streamlining and secured rights issue support growth in the expanding AI video analytics market.IRISStatus Update
- EBITDA improved and cost reductions progressed, but net sales and margins declined YoY.IRISQ3 2025
- Net sales fell sharply in Q2 2025, but new partnerships and cost controls set up a stronger H2.IRISQ2 2025
- Generative AI and strategic actions drive growth, profitability, and expansion in video analytics.IRISStatus Update
- Strategic initiatives and cost savings position Irisity for improved profitability in 2025.IRISQ3 2024
- Q2 saw lower net sales but a 110% YoY invoicing surge, driven by OEM and generative AI expansion.IRISQ2 2024
- Q1 2025 saw lower sales but improved collections and a major rights issue to boost liquidity.IRISQ1 2025
Next Irisity earnings date
Q3 202617 Nov, 2026
Irisity
Next Irisity earnings date
Q3 202617 Nov, 2026
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Frequently asked questions
Irisity provides AI-powered video analytics solutions that enables organizations to automatically detect, interpret and understand human behavior in video. The company focus on providing tools to improve the performance of frontline staff across various industries such as retail, sports, finance, transportation and public space. The company's patented AI-driven technologies are used to provide support where it is most needed and help make people more efficient, informed and safe.