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Tourn International
Tourn International (TOURN) investor relations material
Tourn International Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary7 Aug, 2026
Executive summary
EBITDA improved by 33% year-over-year for Q2 2026 and by 60% for the first half, driven by cost reductions and stronger core business margins.
Revenue for Q2 2026 was 11,590 TSEK, down 30.6% from Q2 2025, mainly due to the strategic exit from low-margin channels and deconsolidation of Tourn ASA.
Cost base reduced by 27% year-over-year, supporting improved cash flow and profitability.
AI agent integration continues to enhance operational efficiency and scalability across business segments.
Financial highlights
Q2 2026 revenue: 11,590 TSEK (Q2 2025: 16,707 TSEK); H1 2026 revenue: 22,464 TSEK (H1 2025: 31,100 TSEK).
Q2 2026 EBITDA: -693 TSEK (Q2 2025: -1,039 TSEK); Adjusted EBITDA: -406 TSEK.
Q2 2026 net result: -2,168 TSEK; EPS: -0.22 SEK (Q2 2025: -0.25 SEK).
Cash at period end: 2,734 TSEK; positive operating cash flow of 0.7 MSEK in Q2.
Equity ratio: 29.4% (Q2 2025: 48.4%).
Outlook and guidance
Management expects NAGATO to recover in H2 2026 after a temporary dip in Q2.
AGENCY is preparing for expansion into more European markets, leveraging AI-driven scalability.
Vertikal AI anticipates further growth with a strong pipeline and focus on enterprise clients.
2028 target: 500 MSEK in revenue and 10% profit margin.
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Latest events from Tourn International
- EBITDA up 68% year-over-year as cost cuts and AI boost margins, despite lower revenue.TOURN
Q1 2026 - Profitability rebounded in Q4 as automation and AI drove efficiency and margin gains.TOURNQ4 2025
- Q3 2025 saw EBITDA up 28.2% year-over-year, with Nagato and automation driving profitability.TOURNQ3 2025
- Profitability improved in Q2 2025, driven by core operations and NAGATO, despite cash burn.TOURNQ2 2025
- Profitability improved in core segments, with 2025 set for growth and positive EBITDA.TOURNQ3 2024
- Profitability improved in core segments, but revenue declined and investments impacted results.TOURNQ2 2024
- Margins improved despite lower revenue; 2025 targets signal renewed growth.TOURNQ4 2024
- Core business profitability improved, with NAGATO and Agency driving growth and Baud expanding in China.TOURNQ1 2025
Next Tourn International earnings date
Q3 202630 Oct, 2026
Tourn International
Next Tourn International earnings date
Q3 202630 Oct, 2026
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