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SeaTwirl
SeaTwirl (STW) investor relations material
SeaTwirl Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary26 Aug, 2026
Executive summary
Continued transition from technology development to commercialization, focusing on concrete projects and business opportunities, especially through the VERTI-GO project.
Strategic partnership established with Mooreast Asia to target the Southeast Asian floating wind power market, leveraging local industrial capacity.
Emphasis on smaller turbine models for offshore electrification, aiming to gain operational experience before scaling up.
Financial highlights
Net sales for Q2 2026 were SEK 0 (unchanged year-over-year).
Operating loss for Q2 2026 was SEK -5,073,314, compared to SEK -4,925,818 in Q2 2025, mainly due to ongoing development and commercialization costs.
Cash flow for the period was SEK -7,701,945 (Q2 2025: SEK -5,652,015).
Cash and cash equivalents at period end were SEK 72,173,466 (Q2 2025: SEK 35,785,228).
Equity at period end was SEK 90,491,872 (Q2 2025: SEK 121,267,400).
Outlook and guidance
Focus for the second half of 2026 is on securing resources for VERTI-GO, strengthening industrial partnerships, and advancing commercial opportunities in priority markets.
Partial view of Summaries dataset, powered by Quartr API
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Latest events from SeaTwirl
- Team expansion and VERTI-GO progress drive growth, with strong liquidity and new partnerships.STW
Q1 2026 - EU-funded Verti-Go project drives growth, but losses deepen amid major development investments.STWQ4 2025
- €15M EU grant boosts 2MW turbine project as Q3 losses narrow and equity remains strong.STWQ3 2025
- Secured key project milestones and improved financials while expanding global partnerships.STWQ2 2025
- Q3 loss deepens as SeaTwirl prioritizes partnerships and first commercial order amid cash burn.STWQ3 2024
- S3 turbine design finalized as SeaTwirl pivots to commercialization amid sector growth.STWQ2 2024
- Q1 loss narrows as SeaTwirl readies major tech launch and expands global partnerships.STWQ1 2025
- SeaTwirl deepens partnerships and streamlines operations, targeting growth in floating wind for 2025.STWQ4 2024
Next SeaTwirl earnings date
Q3 202622 Oct, 2026
SeaTwirl
Next SeaTwirl earnings date
Q3 202622 Oct, 2026
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