Advenica (ADVE) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 was 47.0 MSEK, down from 60.3 MSEK in Q2 2025, mainly due to lower product sales, while service sales reached a record high and grew 21% year-over-year.

• EBIT for Q2 2026 was -6.3 MSEK, compared to 10.0 MSEK in Q2 2025, reflecting the shift in sales mix and lower product deliveries.

• Order intake exceeded 300 MSEK in the first half of 2026, with several large contracts secured with Swedish and European authorities.

Financial highlights

• Q2 2026 revenue: 46,957 TSEK (60,310 TSEK in Q2 2025); H1 2026 revenue: 85,614 TSEK (118,444 TSEK in H1 2025), a 28% decrease year-over-year.

• Q2 2026 EBIT: -6,314 TSEK (10,012 TSEK in Q2 2025); H1 2026 EBIT: -8,642 TSEK (22,186 TSEK in H1 2025).

• Net income for Q2 2026: -6,464 TSEK (10,748 TSEK in Q2 2025); H1 2026: -8,941 TSEK (20,053 TSEK in H1 2025).

• Cash flow from operations in Q2 2026: 8,212 TSEK (944 TSEK in Q2 2025); H1 2026: -3,450 TSEK (-7,716 TSEK in H1 2025).

• Soliditet (equity ratio) at 52% as of June 30, 2026 (56% in 2025).

Outlook and guidance

• The company continues to invest in capacity and innovation to meet strong demand and deliver on large orders.

• Market visibility and customer interest are increasing as cybersecurity becomes more strategic for public and critical infrastructure sectors.