Seco (IOT) Q2 2026 TU earnings summary

Executive summary

• Net sales reached €50M in Q2 2026, exceeding guidance and up 4% sequentially from Q1 2026.

• First half 2026 net sales totaled €98.8M, nearly flat year-over-year compared to €98.4M in 1H25.

• Clea business contributed €7.4M in 1H26, with recurring revenues of €4.8M, up 12% year-over-year.

• Strong order intake and new design wins increased business visibility across multiple verticals.

Financial highlights

• Q2 2026 net sales: €50M (+4% vs. Q1 2026).

• 1H26 net sales: €98.8M (+0.4% vs. 1H25).

• Edge computing revenue in 1H26: €91.4M (+6% year-over-year).

• Clea recurring revenues in 1H26: €4.8M (+12% year-over-year).

Outlook and guidance

• Q3 2026 revenue guidance set at approximately €60M, representing a 25% year-over-year increase and an all-time quarterly high.

• Anticipates continued strong demand driven by Edge AI and expansion into new verticals such as robotics.