Gosol Energy Group (GOSOL) Q2 2026 earnings summary

Executive summary

• Revenue grew by 44.3% year-over-year to 115.2 MSEK for H1 2026, with Q2 revenue up 43.4% to 65.4 MSEK compared to Q2 2025.

• Net result after financial items improved to 1.0 MSEK for H1 2026 (from -0.1 MSEK), and to 1.6 MSEK in Q2 (from 1.1 MSEK).

• Growth driven by strong demand for battery solutions in the consumer market and increased B2B activity.

• Focus for H2 2026 is on improving profitability, cash flow, and operational efficiency.

Financial highlights

• H1 2026 revenue: 115.2 MSEK (up 44.3% YoY); Q2 revenue: 65.4 MSEK (up 43.4% YoY).

• H1 gross margin: 23.1% (down from 25.3% YoY); Q2 gross margin: 24.2% (24.4% YoY).

• H1 net result after financial items: 1.0 MSEK (-0.1 MSEK YoY); Q2: 1.6 MSEK (1.1 MSEK YoY).

• H1 operating cash flow: -18.5 MSEK (-15.4 MSEK YoY); Q2: -6.7 MSEK (2.0 MSEK YoY).

• Cash and cash equivalents at period end: 10.4 MSEK (19.7 MSEK YoY).

Outlook and guidance

• Continued high demand expected for battery solutions and B2B segment.

• Strategic focus on margin improvement, capital efficiency, and long-term profitable growth.

• Targeting average annual growth above 15% and EBITDA margin above 8% for 2025–2030.