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Svenska Aerogel (AERO) investor relations material
Svenska Aerogel Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2026 revenue was SEK 1.2m, up from SEK 0.9m YoY; 18 customers have launched products, including three new launches during the quarter.
Management sees potential for repeat orders as customer sales grow, while Q4 financing is expected to add SEK 6m to cash.
Financial highlights
Q3 revenue was SEK 1.231m vs SEK 0.901m YoY; Jan–Sep revenue was SEK 2.811m vs SEK 3.514m.
Q3 EBITDA was -SEK 4.7m vs -SEK 5.2m, EBIT was -SEK 6.5m vs -SEK 7.1m, and net loss was -SEK 6.5m vs -SEK 7.1m.
Jan–Sep EBITDA was -SEK 17.6m vs -SEK 18.3m; EBIT was -SEK 23.0m vs -SEK 23.9m; net loss was -SEK 23.2m vs -SEK 24.2m.
Q3 operating cash flow was -SEK 6.4m vs -SEK 7.0m; Jan–Sep operating cash flow was -SEK 19.1m vs -SEK 18.7m.
Outlook and guidance
18 customers are in commercial phase; repeat-order potential depends on customers’ sales growth and is expected to support higher delivery volumes over time.
Commercialization continues across customer applications, with two new launches targeting better building insulation and lower energy use.
- First consumer product launched and rights issue completed, despite lower Q2 sales.AERO
Q2 2026 - Sales stabilized, losses narrowed, and new financing planned to support ongoing growth.AERO
Q1 2026 - Customizable aerogel drives growth in insulation, textiles, and personal care markets.AERO
Stora Aktiedagarna 2026 - Net sales up 82% to 4.7 MSEK, with improved cash flow and strong Advanced segment growth.AERO
Q4 2025 - Q3 2025 saw 50% sales growth, improved margins, and key tech breakthroughs in sustainable materials.AERO
Q3 2025 - Q2 2025 sales surged 130% year-over-year, driven by strong orders and improved financial position.AERO
Q2 2025 - Exclusive supply deals and cost cuts set stage for 2025 commercialization and growth.AERO
Q3 2024 - Q2 saw strategic orders, improved results, and a SEK 4.5M loan converted to a grant.AERO
Q2 2024 - Sales surged and losses narrowed as new orders and financing boosted growth prospects.AERO
Q1 2025
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