Riber (ALRIB) H1 2026 earnings summary

Executive summary

• Revenue for H1 2026 rose 19% year-over-year to €12.8m, driven by strong growth in Services and Accessories (+71%) and stable system sales.

• Gross margin improved to 39.8% from 36.2% a year earlier, reflecting a favorable product mix and operational cost control.

• Net income turned positive at €205k, reversing a €809k loss in H1 2025, with operating income at €107k versus a €651k loss.

• €6m in new financing was secured to industrialize the ROSIE II platform.

• The second ROSIE system shipped to a major US quantum computing player in July 2026.

Financial highlights

• Revenue: €12.8m (+19% YoY); Systems: €7.7m (-1% YoY); Services/accessories: €5.1m (+71% YoY).

• Gross margin: €5.08m (39.8% of revenue), up from €3.87m (36.2%) in H1 2025.

• Operating income: €107k (vs. -€651k); Net income: €205k (vs. -€809k).

• Cash at June 30, 2026: €5.16m (down from €7.48m at Dec 2025); Net debt: -€1.25m.

• Equity: €25.67m at June 30, 2026.

Outlook and guidance

• Order backlog at June 30, 2026: €26.8m (-3% YoY), with systems at €16.5m and services/accessories at €10.3m (+98% YoY).

• Export license restrictions in Asia limited order intake by over €8m.

• Revenue for full-year 2026 expected to be comparable to 2025, subject to export license approvals.

• Continued focus on ROSIE II industrialization and expansion into photonics, AI, and quantum markets.

• H1 results are not indicative of full-year performance due to seasonality and delivery schedules.