Briox (BRIX) Q2 2026 earnings summary

Executive summary

• Achieved strong growth in Q2 2026 with ARR up 102% year-over-year to 55.1 MSEK and customer base up 130% to 30,309.

• Revenue for Q2 increased 83% year-over-year to 6,992 TSEK, driven by international expansion and new AI offerings.

• Strategic acquisitions and product launches, including Selma (AI sales assistant) and Lennart.ai (AI for solo entrepreneurs), supported growth.

• Expansion into Denmark and surpassing 5,000 customers for Briox Classic in Sweden marked key milestones.

Financial highlights

• Q2 2026 revenue: 6,992 TSEK (up from 3,813 TSEK in Q2 2025).

• EBITDA for Q2: -5,583 TSEK (Q2 2025: -3,151 TSEK); net result before tax: -13,175 TSEK (Q2 2025: -6,178 TSEK).

• H1 2026 revenue: 12,374 TSEK (H1 2025: 7,490 TSEK); EBITDA: -9,228 TSEK (H1 2025: -5,736 TSEK).

• Cash flow from operations in Q2: -2,654 TSEK; cash position at period end: 53,741 TSEK.

• Equity at period end: 158,086 TSEK; solid equity ratio of 85%.

Outlook and guidance

• Focus remains on accelerating growth, international expansion, and achieving cash flow positivity for each offering.

• Continued investment in AI development and customer acquisition expected to drive further ARR and revenue growth.

• Management targets 100,000 customers and 100% customer satisfaction as part of the Briox 100 plan.