BeammWave (BEAMMW) Q2 2026 earnings summary

Executive summary

• Achieved significant commercial and technological milestones, including advancing 6G mmWave ecosystem and completing 3GPP digital beamforming evaluation.

• Strengthened financial position through three share issues, raising SEK 96.7 million in gross proceeds and expanding institutional ownership.

• Expanded commercial footprint in Asia, progressing with a global Tier-1 partner and securing a SEK 1.87 million defense sector contract.

• Focused on hardware delivery and industrialization, with increased lab capacity and ongoing customer projects.

Financial highlights

• Net sales for Q2 2026 were SEK 951K, and SEK 2,593K for H1 2026, down from SEK 2,593K and SEK 1,066K respectively year-over-year.

• Operating loss for Q2 2026 was SEK -9,977K, and SEK -18,293K for H1 2026, compared to SEK -7,445K and SEK -8,771K year-over-year.

• Cash and cash equivalents increased to SEK 144,598K as of June 30, 2026, up from SEK 22,308K a year earlier.

• Equity ratio improved to 96% from 91% year-over-year.

• Total cash flow for Q2 2026 was SEK 80,095K, compared to SEK -10,318K in Q2 2025.

Outlook and guidance

• Focus remains on commercial execution, industrialization, and accelerating customer projects.

• Continued expansion in Asia and increased engagement with major industry players and network operators.

• Strategic interest in the defense sector and ongoing strong inbound interest from satellite communications.