DistIT (DIST) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue rose 23.4% YoY to SEK 264.4m; gross margin expanded to 22.1% from 14.7%, EBITA improved to SEK 4.5m from -79.7m, and continuing-operations net income was SEK 0.3m versus a SEK 42.0m loss.

• For Jan–Sep, revenue increased 8.0% to SEK 714.9m and gross margin reached 23.2%; EBITA was -SEK 3.6m and continuing-operations net loss narrowed to SEK 18.0m from SEK 105.5m.

Financial highlights

• Q3 EBITDA was SEK 8.8m versus -SEK 40.4m; operating income was SEK 3.5m versus -SEK 81.5m.

• Q3 total net loss, including discontinued operations, was SEK 1.8m versus SEK 92.3m; total EPS was SEK 0.00 versus -SEK 0.54.

• Jan–Sep EBITDA was SEK 9.2m versus -SEK 75.7m; total net loss was SEK 25.3m versus SEK 197.6m, and total EPS was -SEK 0.03 versus -SEK 1.61.

• Adjusted EBITA was SEK 4.5m in Q3 versus -SEK 5.0m; Jan–Sep adjusted EBITA was -SEK 2.4m versus -SEK 29.7m, or -SEK 0.8m excluding FX versus -SEK 30.2m.

• Prior-year comparisons included one-time goodwill impairment and inventory adjustments; Jan–Sep gross margin improvement was partly due to inventory provisions in the comparison period.

Outlook and guidance

• Management said budgeted volumes and margins remain on track and expects further profitability gains from internal efficiency work and a stronger product mix.

• Higher inventory availability and new own-brand launches are expected to support Aurdel sales and gross margins in coming quarters, with further launches planned for Q4 in networking, smart-home and gaming products.

• The new Aurdel webshop was well received, while customer-service changes improved response and case-resolution times; additional initiatives are planned.