)
NIOX Group (NIOX) investor relations material
NIOX Group H1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 was approximately £24.0m, down from £25.2m in H1 2025, with clinical revenue stable and research revenue lower due to strategic inventory prioritization.
Gross margin improved to 71% from 70% year-over-year, driven by a higher mix of clinical sales.
Adjusted EBITDA was approximately £8.3m, compared to £9.2m in H1 2025.
Trading remains in line with consensus market expectations for the full year.
Financial highlights
Clinical revenue was £20.6m (H1 2025: £20.0m), reflecting timing of regulatory approvals for NIOX PRO®.
Research revenue was £3.4m (H1 2025: £5.2m), following a strategic focus on clinical inventory.
Net cash stood at £16.8m after a £6.5m final dividend payment (31 Dec 2025: £19.9m).
Operating expenditure was £8.8m (H1 2025: £8.6m), with continued investment in US commercial operations and product development.
Outlook and guidance
Full-year performance expected to be in line with market expectations, with H2 2026 anticipated to be stronger due to accumulated clinical demand and higher pricing in Japan.
Regulatory approvals for NIOX PRO® in the US and Japan expected in H2 2026.
Research revenue visibility expected to improve following a new Master Services Agreement.
- Revenue and EBITDA surged, cash doubled, and growth investments continue amid strong outlook.NIOX
H2 2025 - Revenue up 14%, EBITDA up 21%, strong APAC growth, major cash returns, new device on track.NIOX
H2 2024 - Revenue and EBITDA exceeded expectations, driven by research growth and new product launch.NIOX
H2 2025 TU - 20% revenue growth and 36% EBITDA margin highlight strong H1 2025 performance.NIOX
H1 2025 - Strong revenue and profit growth driven by research and US market initiatives.NIOX
Trading Update - Double-digit growth, robust cash, and expanding FeNO adoption support a strong outlook.NIOX
H1 2024 - Strong H1 2024 growth with rising revenues, profits, and a solid net cash position.NIOX
Trading Update - NIOX achieved double-digit revenue growth and margin expansion, with strong cash generation.NIOX
Trading Update
Next NIOX Group earnings date
Next NIOX Group earnings date
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.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage