Greater Than (GREAT) Q3 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 earnings summary
4 Nov, 2026Executive summary
Q3 net sales were SEK 1.4m, down 7% YoY; excluding SEK 0.5m of non-recurring Q3 2025 development revenue, recurring sales rose 41% YoY from a low base.
Q3 net result was SEK 24.0m versus a SEK 10.8m loss, including SEK 40.4m of operating income from the ABAX settlement.
Financial highlights
Q3 total income was SEK 43.2m versus SEK 3.3m; operating result was SEK 23.9m versus a SEK 8.5m loss.
Q3 net result was SEK 24.044m versus a SEK 10.846m loss; EPS was SEK 1.19 versus negative SEK 0.73.
9M net sales were SEK 3.8m, down 15% YoY; operating result was a SEK 1.4m loss versus a SEK 30.6m loss, and net result was SEK 1.6m versus a SEK 38.2m loss.
9M EPS was negative SEK 0.08 versus negative SEK 2.58; cash and bank balances were SEK 69.1m at September 30, 2026, versus SEK 46.0m at December 31, 2025.
Outlook and guidance
Commercial sales cycles are estimated at 3–12 months as FIA DSI organizations and Member Clubs move from onboarding to commercial integration.
Honda pilot feedback is being consolidated to finalize the product for commercial launch; the crash-risk map solution is planned to launch in Japan in 2026, followed by additional markets.
Latest events from Greater Than
- Q4 sales more than doubled as losses narrowed and ESG-driven deployments expanded.GREAT
Q4 2023 - Revenue contracted, but operating losses narrowed as dynamic insurance demand and financing boosted growth prospects.GREAT
Q4 2020 - Revenue grew and cash strengthened as losses widened to fund global expansion.GREAT
Q4 2021 - User growth and partner launches accelerated as losses widened and cash declined.GREAT
Q4 2022 - Q2 2026 saw lower sales and legal costs, but a major settlement will lift Q3 results.GREAT
Q2 2026 - Operating losses narrowed as partnerships advanced and leadership transitioned.GREAT
Q1 2026 - Significant revenue decline offset by new partnerships, product launches, and strengthened capital base.GREAT
Q4 2025 - Significant revenue drop offset by major global partnerships and new AI-driven product launches.GREAT
Q3 2025 - Revenue fell sharply amid legal disputes, but major new deals and AI launches signal future growth.GREAT
Q2 2025