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Qflow (QFLOW) investor relations material
Qflow Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q2 2026 reached SEK 640 million, up 64% year-over-year, with organic growth of 15%.
EBITA increased to SEK 46 million from SEK 26 million, and adjusted EBITA reached SEK 80 million.
The group expanded to 37 specialist companies, entering the UK market and strengthening its Nordic presence through acquisitions.
The bond framework was increased to SEK 1,600 million, with an additional SEK 400 million issued.
Financial highlights
Q2 2026 net sales: SEK 640 million (Q2 2025: SEK 390 million); organic growth 15%.
EBITA: SEK 46 million (Q2 2025: SEK 26 million); adjusted EBITA: SEK 80 million (Q2 2025: SEK 50 million).
Adjusted EBITA margin stable at 13%.
Net profit for Q2: SEK 1 million (Q2 2025: SEK -3 million).
Cash flow from operating activities: SEK 45 million (Q2 2025: SEK 3 million).
Outlook and guidance
Continued focus on acquisition-driven and organic growth, with a strong pipeline in existing and new markets.
Market conditions remain stable, with strong demand in infrastructure and public sector projects.
Positive recruitment trends support future growth.
- Net sales up 89% to SEK 564 million, driven by organic growth and acquisitions.QFLOW
Q1 2026 - Net sales jumped 79% to SEK 1,593 million, fueled by acquisitions and organic growth.QFLOW
Q4 2025 - Q3 2024 delivered robust sales and profit growth, fueled by acquisitions and infrastructure demand.QFLOW
Q3 2024 - Strong sales and EBITA growth in 2024, supported by acquisitions and robust financials.QFLOW
Q4 2024 - Net sales up 66% and EBITA up 55% year-over-year, fueled by acquisitions and organic growth.QFLOW
Q1 2025 - Q2 2025 saw 85% sales growth, major acquisitions, and a robust financial position.QFLOW
Q2 2025 - Q3 2025 saw strong sales growth and Nordic expansion, but net profit declined due to acquisition costs.QFLOW
Q3 2025
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