AutoStore (AUTO) Q3 2026 earnings summary

Executive summary

• Q3 revenue was $192.1M, up 38.2% YoY; order intake was $177.6M, up 16.5% and a record Q3.

• FY 2026 revenue guidance rose to ~$750M from ~$700M, supported by performance, backlog and improved visibility.

• Product launches and the Logiqs acquisition advanced expansion into new fulfillment capabilities, including roaming pallet AS/RS.

Financial highlights

• Q3 gross profit was $137.1M; EBIT was $54.1M versus $48.6M, and profit after tax was $37.7M versus $32.2M.

• Adjusted EBITDA was $81.3M versus $65.5M; adjusted EBIT was $67.1M versus $53.8M.

• Operating cash flow rose to $101.4M from $73.4M, supported by higher EBITDA and positive working capital.

• YTD revenue reached $549.9M versus $358.9M; YTD profit after tax was $128.8M versus $40.9M.

• Order backlog was $581.6M, up from $570.6M in Q2 2026.

Outlook and guidance

• FY 2026 revenue guidance increased to ~$750M from ~$700M, supported by a healthy backlog and increased visibility into year-end.

• H2 margins are expected to moderate slightly versus H1 as investment increases, while profitability remains strong.

• Most remaining-year revenue is in backlog; customer delivery deferrals and project phasing can affect revenue timing.

• Higher raw-material costs are expected to affect Q4; a ~5% price increase is planned for mid-December.