NOVOTEK (NTEK) Q3 2026 earnings summary

Executive summary

• Q3 orders rose 26.8% YoY to SEK 168.2m and revenue grew 16.8% to SEK 136.9m; operating margin edged up to 10.7% from 10.5%.

• Management cited successful integration of prior acquisitions, growing customer investment interest and expansion into Italy as key drivers; demand for industrial data operations and business resilience remained strong.

Financial highlights

• Q3 operating income was SEK 14.6m vs SEK 12.4m; net income was SEK 11.3m vs SEK 11.6m, and EPS was SEK 1.0 vs SEK 1.2.

• 9M orders increased 24.2% to SEK 488.3m and revenue rose 10.1% to SEK 397.3m.

• 9M operating income was SEK 33.6m vs SEK 34.5m; net income was SEK 25.9m vs SEK 27.0m, and EPS was SEK 2.2 vs SEK 2.5.

• Q3 operating cash flow was SEK 5.5m vs SEK 9.0m; 9M operating cash flow was SEK 36.3m vs SEK 38.8m.

Outlook and guidance

• Demand interest remains strong for offered products and solutions; digitalization, industrial AI and cybersecurity, particularly NIS2-related needs, support demand, while macro conditions prolong customer decisions.

• Management sees longer-term growth opportunities from rising industrial data volumes and continued investment needs in efficient, secure data flows.