GomSpace Group (GOMX) Q3 2026 TU earnings summary

Executive summary

• Q3 revenue grew 17% YoY, EBITDA margin was 14%, and net profit was positive; YTD revenue rose 25%, with ~SEK 44m EBITDA and ~12% margin.

• 2030 ambitions: SEK 1.6bn annual revenue, at least 30% revenue CAGR from LTM Q3 2026, and EBITDA margin above 20%.

• LTM revenue increased from SEK 257m in Q3 2024 to SEK 515m in Q3 2026, an annualized growth rate of ~42%; EBITDA margin exceeded 10% at Q3 2026.

Financial highlights

• YTD EBITDA of ~SEK 44m, or ~12% margin, was at the upper end of guidance; YTD net profit was ~SEK 40m.

• Free cash flow was -SEK 40m, as planned, amid R&D, satellite, sales and inventory investment.

Outlook and guidance

• 2026 revenue outlook narrowed toward the lower end of the original range as orders shifted; EBITDA margin outlook moved toward the upper end of 10%–12%.

• Progress toward 2030 targets may vary by quarter and year; long sales cycles affect timing, and EBITDA margin may vary with business-unit mix.

• Growth plans rely on repeat Products business, satellite production capacity, international expansion, sovereign solutions and market penetration.

• Standardization, industrialization, scale and product innovation are expected to support margin expansion; earlier-year investment may weigh on margins.