Firefly (FIRE) Q2 2026 earnings summary

Executive summary

• Record-high order intake of 147.8 MSEK, up 8% currency-neutral year-over-year, with revenue rising 33% to 123.1 MSEK for Q2 2026.

• EBIT improved to 10.7 MSEK from -1.4 MSEK, with a margin of 8.7% versus -1.5% last year.

• Strong demand from recycling, tissue, and food industries; stabilization in wood segments; new customer segments emerging.

• Launch of Automated Water Cannon and Firefly Prediction systems, supporting future growth.

Financial highlights

• Q2 revenue: 123.1 MSEK (94.6 MSEK), up 33% currency-neutral year-over-year.

• EBIT: 10.7 MSEK (-1.4 MSEK), EBIT margin 8.7% (-1.5%).

• EPS: 1.61 SEK (-0.35 SEK).

• Operating cash flow: 0.9 MSEK (10.5 MSEK), down 92%.

• Cash and equivalents at period end: 35.1 MSEK (54.3 MSEK).

Outlook and guidance

• Market conditions expected to improve gradually for the remainder of the year.

• Early Q3 order intake and stable conversion rates support a positive outlook.