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SRT Marine Systems (SRT) investor relations material
SRT Marine Systems H2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for FY26 reached £116m, a 49% increase year-over-year, driven by diversified sources including software-enabled hardware, support and data services, USVs, and infrastructure.
Profit before tax and exceptional items rose to £10m, up 105% compared to FY25.
Results are in line with market expectations, reflecting strong execution despite global instability.
Financial highlights
Group revenue increased to £116m from £78m year-over-year.
Profit before tax and exceptional items doubled to £10m from £4.9m.
Gross cash balance at year-end was £57m, including £30m unrestricted and £27m restricted cash for project performance bonds.
Outlook and guidance
Confident in meeting existing market expectations for the new financial year through execution of current contracts and potential new contract conversions.
Additional guidance will be provided as new project timelines become clearer.
- On track for billion-pound growth, driven by sovereign contracts and expanding surveillance tech.SRT
Investor update4 May 2026 - Revenue up 95% and profit before tax up 48%, with a strong £1.8bn contract pipeline.SRT
H1 202623 Mar 2026 - Strong order book, H1 profits, and new launches drive growth despite execution risks.SRT
AGM 20253 Feb 2026 - Major contracts advance, Nexus launch nears, and robust pipeline supports long-term growth.SRT
Investor Update2 Feb 2026 - Four major surveillance contracts worth $420M are set to start before year-end.SRT
Investor Update20 Jan 2026 - Revenue up 95% and profit before tax up 47% year-over-year, with strong growth outlook.SRT
H1 2026 TU13 Jan 2026 - Major system contracts and strong transceivers growth set up robust multi-year revenue outlook.SRT
H2 202411 Jan 2026 - Strong contract pipeline and regionalization trends drive growth, with Nexus launch on track.SRT
Investor Update27 Dec 2025 - Strong revenue growth and profitability driven by major contracts and robust order book.SRT
H1 202515 Dec 2025
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