Checkin.com (CHECK) Q2 2026 earnings summary

Executive summary

• Net revenue for Q2 2026 was KSEK 13,221, down 27% year-over-year, with a similar decline for the first half of 2026 at -25% year-over-year.

• Gross margin improved to 72% in Q2 and 73% for H1 2026, despite revenue declines.

• EBITDA margin increased to 20% in Q2 and 25% for H1 2026, driven by cost savings and operational efficiencies.

• The company remains debt-free after full loan amortization and a successful share issue, ending Q2 with KSEK 17,326 in cash.

• Strategic focus has shifted to commercial execution and expanding into new customer segments beyond core verticals.

Financial highlights

• Q2 net revenue: KSEK 13,221 (down from 18,103), Q2 gross profit: KSEK 9,479 (margin 72%).

• H1 net revenue: KSEK 27,594 (down from 36,929), H1 gross profit: KSEK 20,090 (margin 73%).

• Q2 EBITDA: KSEK 2,649 (margin 20%), H1 EBITDA: KSEK 6,790 (margin 25%).

• Net result for Q2: KSEK -4,032; H1: KSEK -6,756.

• Cash flow from operating activities for H1: KSEK 9,672 (up from 5,713).

Outlook and guidance

• Management expects commercial traction from a rebuilt sales organization in 2027.

• Market demand is supported by regulatory drivers such as eIDAS 2.0 and AML directives.

• Focus remains on disciplined commercial execution and expanding use-case-driven solutions.