Inission (INISS) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 17.8% organically to SEK 625.8m; EBITA increased to SEK 48.6m and margin improved to 7.8%.

• Order intake was SEK 935.3m, with book-to-bill of 1.5 and a record-high backlog supporting expectations of continued elevated activity.

Financial highlights

• Q3 net sales were SEK 625.8m versus SEK 531.1m; EBIT was SEK 47.7m versus SEK 27.7m, and net income was SEK 33.2m versus SEK 17.0m.

• Q3 EPS was SEK 1.40 versus SEK 0.70; pre-tax profit was SEK 43.9m versus SEK 22.0m.

• 9M net sales rose 24.2% to SEK 1,924.8m; EBIT was SEK 133.6m versus SEK 70.0m, and net income was SEK 98.0m versus SEK 31.7m.

• 9M operating cash flow was SEK 35.1m versus SEK 77.4m, as working capital absorbed SEK 150.8m; Q3 cash flow was negative SEK 3.7m amid growth and advance material purchases.

Outlook and guidance

• FY2026 revenue guidance rose to SEK 2.6bn–2.7bn from SEK 2.3bn–2.5bn; management expected sales near the midpoint and an EBITA margin well above the >6% target.

• Medium-term targets remain annual growth above 15%, including 10% organic and 5% through acquisitions, and EBITA margin above 9%; longer-term priority is to move margin from ~7% toward 9% with more organic growth and fewer acquisitions.

• Customer outlook was broadly optimistic, with order intake above deliveries; management expects to maintain current profitability, though supply and economic uncertainty remain.