Litium (LITI) Q3 2026 earnings summary

Executive summary

• Record Q3: revenue rose 23.6% YoY to SEK 24.3m, Cash EBITDA more than doubled to SEK 1.5m, and free cash flow reached SEK 1.9m.

• ARR reached SEK 101.2m at Sep. 30, up 17.4% YoY; all Q3 revenue was recurring.

Financial highlights

• Q3 gross margin was 68.7% vs. 67.7%; EBITDA was SEK 7.2m vs. SEK 5.2m, with a 29.7% margin vs. 26.4%.

• Q3 EBIT was SEK 1.1m vs. SEK 0.6m; net income was SEK 1.2m vs. SEK 0.6m; diluted and basic EPS were SEK 0.06 vs. SEK 0.04.

• 9M revenue rose 27.2% to SEK 73.2m; gross margin was 69.2%, Cash EBITDA was negative SEK 0.9m vs. negative SEK 3.4m, and EBIT was near breakeven at SEK 0.04m.

• 9M net income was SEK 0.15m vs. a SEK 1.52m loss; basic EPS was SEK 0.01 and diluted EPS was SEK 0.00, vs. negative SEK 0.09 for both.

Outlook and guidance

• Priorities for the rest of 2026: bring more Litium Core customers live, deepen customer and partner relationships, and continue platform development while pursuing growth with profitability.

• Management cited a growing pipeline and strong demand for Litium Core; a two-digit number of customers had signed, with additional launches expected in coming months.

• Cash of SEK 13.7m at quarter-end was described as providing flexibility for continued product and market investment.