Hybricon (HYCO) Q2 2026 earnings summary

Executive summary

• Revenue increased to kSEK 4,497 in Q2 2026 from kSEK 3,185 year-over-year, driven by GridLink installations and Identic product deliveries.

• Net loss widened to kSEK -860 in Q2 2026 from kSEK -669 year-over-year, reflecting higher costs from GridLink development and a facility move.

• Strategic focus remains on proprietary GridLink products, with successful deliveries to Scania and Pollex and positive initial operational feedback.

Financial highlights

• Q2 2026 revenue: kSEK 4,497 (Q2 2025: kSEK 3,185); H1 2026 revenue: kSEK 8,792 (H1 2025: kSEK 7,780).

• Q2 2026 EBITDA: kSEK -715 (Q2 2025: kSEK -572); H1 2026 EBITDA: kSEK -1,038 (H1 2025: kSEK -523).

• Q2 2026 net loss: kSEK -860 (Q2 2025: kSEK -669); H1 2026 net loss: kSEK -1,323 (H1 2025: kSEK -728).

• Cash flow from operations in H1 2026: kSEK -1,144 (H1 2025: kSEK -202); period-end cash: kSEK 6,520 (H1 2025: kSEK 5,104).

Outlook and guidance

• Continued focus on GridLink product development and further deliveries to Scania and Pollex planned in coming months.

• GridLink Trailer launched in August 2026, with strong interest from major contractors, energy companies, and authorities.