Diadrom (DIAH) Q3 2026 earnings summary

Executive summary

• Q3 revenue was SEK 6.7m and EBIT loss SEK 1.7m; automotive assignments won late in Q2 began near quarter-end, limiting their Q3 contribution.

• A strategic review is underway to explore growth, new business areas and further cost reductions to broaden routes to profitability.

• The new lease reduced fixed premises costs, while management entered Q4 with more active assignments and a lower fixed-cost base.

Financial highlights

• Q3 revenue SEK 6.7m vs SEK 9.6m YoY, down 30.5%; EBIT was -SEK 1.7m vs -SEK 0.8m and net income -SEK 1.6m vs -SEK 0.6m.

• Q3 EPS was -SEK 0.15 vs -SEK 0.08 YoY; EBIT margin was -24.2% vs -7.7%.

• 9M revenue was SEK 23.6m vs SEK 35.4m; EBIT was -SEK 5.2m vs -SEK 1.4m and net income -SEK 5.1m vs -SEK 1.0m.

• 9M EPS was -SEK 0.47 vs -SEK 0.14; EBIT margin was -21.9% vs -3.8%.

• Q3 costs fell SEK 2.0m YoY to SEK 8.5m; subcontractor costs declined SEK 2.4m to SEK 3.0m.

Outlook and guidance

• Q4 revenue is expected to remain low, although signs point to stronger demand in prioritized areas.

• Automotive assignments won late in Q2 started in late September, with full effect expected from Q4.

• Priorities are higher utilization, new automotive and defense/security assignments, and stronger profitability through product-oriented and system-oriented business.

• Management is maintaining a cautious stance while pursuing growth with more assignments underway and a lower fixed-cost base entering Q4.