)
)
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.
Midsummer
Midsummer (MIDS) investor relations material
Midsummer Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary23 Oct, 2026
Executive summary
Q3 net sales reached SEK 104.6m, up 134% YoY; 9M sales rose 113% to SEK 240.4m.
9M EBITDA was SEK 37.5m versus a SEK 23.7m loss; Q3 EBITDA was SEK 8.1m, while operating loss narrowed to SEK 3.7m.
Growth was led by production-equipment projects alongside rising lightweight panel sales and international partnerships.
Financial highlights
Q3 sales were SEK 104.550m versus SEK 44.710m; gross profit was SEK 32.214m versus SEK 9.737m.
Q3 EBITDA was SEK 8.122m versus a SEK 5.026m loss; operating loss narrowed to SEK 3.687m from SEK 14.989m.
9M sales were SEK 240.408m versus SEK 112.821m; gross profit was SEK 84.332m versus SEK 22.383m.
9M operating profit was SEK 7.297m versus a SEK 55.481m loss; EBITDA was SEK 37.491m versus a SEK 23.655m loss.
9M loss before tax was SEK 4.0m versus SEK 83.0m; Q3 loss before tax was SEK 1.7m versus SEK 18.5m.
Outlook and guidance
Bari is moving from three to six DUO machines and adding a second shift; annual production capacity is expected to quadruple early in 2027.
Indonesia's initial 20 MW facility targets commercial operations in 2027, with potential expansion toward 200 MW subject to execution, financing and approvals.
Colombia's factory project comprises at least 20 DUO machines and 100 MW annual capacity; local approvals and start-up timing remain uncertain.
Local U.S. manufacturing is a longer-term ambition; U.S. supply currently comes from Europe amid fluctuating 10%–15% tariffs.
Q4 delivery and installation are scheduled for a 667 kW BOLD order; most of the SEK 236m-plus DUO equipment order is expected to be recognized as 2026 revenue.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Midsummer
- Full presentation and Q&A now available after live technical issues.MIDS
Status update - Revenue and EBITDA surged in H1 2026, driven by record orders and global expansion.MIDSQ2 2026
- Net sales up nearly tenfold, record order, and positive EBITDA mark a strong Q1 2026.MIDSQ1 2026
- Q4 2025 delivered strong growth and profitability, setting up further expansion in 2026.MIDSQ4 2025
- Strong Q3 sales growth from international orders, but losses persist; major rights issue planned.MIDSQ3 2025
- Q2 2025 revenue surged on equipment sales, with positive EBITDA and strong international momentum.MIDSQ2 2025
- Q3 2024 sales up 130% year-over-year, with improved margins and global expansion initiatives.MIDSQ3 2024
- Q2 2024 saw higher solar panel sales and improved margins, but losses and funding risks remain.MIDSQ2 2024
- Record order and capital raise position Midsummer for growth despite Q1 losses.MIDSQ1 2025
Next Midsummer earnings date
Q4 202612 Feb, 2027
Midsummer
Next Midsummer earnings date
Q4 202612 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Midsummer AB is a Sweden-based company specializing in the development and supply of equipment for manufacturing flexible copper indium gallium selenide (CIGS) thin film solar cells. The company's technology enables the production of customized, lightweight, flexible solar panels that can be affixed to various surfaces. These applications include floating modules, vehicles, landfills, portable power generation, and membrane roofs on structures not suitable for traditional glass modules. Midsummer’s key products include the DUO, a mass production deposition system, and the UNO, a research and development tool configured for different applications. The company is headquartered in Järfälla, Sweden, and its shares are listed on the Nasdaq Stockholm.