Midsummer (MIDS) Q3 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 earnings summary
23 Oct, 2026Executive summary
Jan–Sep net sales more than doubled YoY to SEK 240.4m; EBITDA turned positive at SEK 37.5m, while Q3 operating loss was SEK 3.7m.
Q3 net sales reached a record SEK 104.6m, up 134% YoY; rolling 12-month sales reached SEK 292m and EBITDA ~SEK 57m.
Growth was led by production-equipment projects, alongside lightweight panel sales, international partnerships and expanding Italian production.
Partial view of Summaries dataset, powered by Quartr API
Latest events from Midsummer
- Full presentation and Q&A now available after live technical issues.MIDS
Status update - Revenue and EBITDA surged in H1 2026, driven by record orders and global expansion.MIDS
Q2 2026 - Net sales up nearly tenfold, record order, and positive EBITDA mark a strong Q1 2026.MIDS
Q1 2026 - Q4 2025 delivered strong growth and profitability, setting up further expansion in 2026.MIDS
Q4 2025 - Strong Q3 sales growth from international orders, but losses persist; major rights issue planned.MIDS
Q3 2025 - Q2 2025 revenue surged on equipment sales, with positive EBITDA and strong international momentum.MIDS
Q2 2025 - Q3 2024 sales up 130% year-over-year, with improved margins and global expansion initiatives.MIDS
Q3 2024 - Q2 2024 saw higher solar panel sales and improved margins, but losses and funding risks remain.MIDS
Q2 2024 - Record order and capital raise position Midsummer for growth despite Q1 losses.MIDS
Q1 2025