Mycronic
Logotype for Mycronic

Mycronic (MYCR) investor relations material

Mycronic Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Mycronic
Q4 2025 earnings summary5 Feb, 2026

Executive summary

  • Order intake declined 19% year-over-year to SEK 1,939 million in Q4, mainly due to Pattern Generators, while full-year order intake rose 2% to SEK 7,757 million.

  • Net sales for Q4 were SEK 2,021 million, down 2% year-over-year, but full-year net sales increased 12% to SEK 7,938 million, with 20% growth at constant exchange rates.

  • EBIT for Q4 was SEK 342 million (margin 17%), and for the year SEK 1,940 million (margin 24%).

  • The board proposes a dividend of SEK 3.25 per share, a slight increase from the previous year, with no extra dividend.

  • Four acquisitions were signed in 2025, including ETZ post-period, and a major relocation of PCB Assembly Solutions was completed.

Financial highlights

  • Q4 gross margin was 46.8%, down from 48.8% last year; full-year gross margin was 52.4%.

  • Aftermarket revenue exceeded SEK 500 million for the quarter and is approaching SEK 2 billion annually, now 25% of net sales.

  • Cash and equivalents at year-end were SEK 2,323 million, with a net cash position of SEK 1,974 million.

  • Return on equity was 22.8% and return on capital employed was 27.9% for the year.

  • Book-to-bill ratio was 1.0 for both Q4 and the full year.

Outlook and guidance

  • Net sales for 2026 are projected at SEK 8.25 billion, based on current exchange rates and a small contribution from the Cowin acquisition.

  • R&D investments will increase further in 2025, peaking with the launch of new inspection equipment.

  • Electronics industry expected to grow 5.8% in 2026; semiconductor market forecast to grow 16%.

  • Global Technologies and High Volume divisions are expected to be the main growth engines in 2026.

  • Pattern Generators will see continued investment and a strong start to the year, with potential support from semiconductor equipment orders.

Impact of R&D and acquisitions on EBIT margin?
Key drivers for 2026 net sales outlook
High Volume ESOP impact on future strategy
Market potential for new PG inspection tools?
Why launch the Axon ESOP program now?
Global Technologies margin trend for 2026
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Mycronic earnings date

Logotype for Mycronic
Q1 202624 Apr, 2026
Mycronic
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Mycronic earnings date

Logotype for Mycronic
Q1 202624 Apr, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Mycronic is a provider of high-precision production solutions designed for the electronics manufacturing industry. Mycronic operates through various segments, including Pattern Generators, High Flex, High Volume, and Global Technologies. These segments collectively offer a wide range of products and services, from mask writers and measuring machines for the production of photomasks used in electronic displays and semiconductor components, to surface mount technology and inspection equipment, dispensing and conformal coating equipment, and die bonding services for microelectronics and optoelectronics applications. The company's products play a role in the assembly of flexible printed circuit boards and are utilized by manufacturers of mobile phones, tablets, computers, and electronics for electric vehicles, among others. Mycronic serves a diverse set of industries, including industrial, aerospace, defense, automotive, energy, medical, and telecom sectors. The company is headquartered in Täby, Sweden, and its shares are listed on the Stockholm Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage