Softronic (SOF) Q2 2026 earnings summary

Executive summary

• Revenue grew by 11.9% year-over-year in Q2 2026 to 256.1 MSEK, with EBITA up 30.9% to 25.4 MSEK and EBITA margin improving to 9.9% from 8.5%.

• For H1 2026, revenue increased by 14.6% to 531.9 MSEK, EBITA rose 26.3% to 49.5 MSEK, and EBITA margin reached 9.3%.

• Net income for Q2 was 20.2 MSEK (up from 15.5 MSEK), and for H1 was 39.6 MSEK (up from 31.4 MSEK).

• Growth was driven by strong demand for consulting services, increased efficiency, and strengthened customer relationships.

Financial highlights

• Q2 recurring revenue increased to 113.5 MSEK (from 104.1 MSEK), representing 44.3% of total revenue.

• H1 recurring revenue reached 240.3 MSEK (from 225.6 MSEK), 45.2% of total revenue.

• Cash flow from operations in Q2 was 27.6 MSEK (up from 7.1 MSEK); H1 cash flow was 51.1 MSEK (up from 34.9 MSEK).

• Total liquidity at period end was 96.6 MSEK.

• Omsättning per employee in H1 was 1,097 TSEK (up from 1,013 TSEK).

Outlook and guidance

• The company is well positioned for H2 2026, with strong customer relationships, a broad offering, and enhanced Microsoft and AI capabilities.

• Market remains price-pressured, with customers cautious on large investments and focused on efficiency and risk management.

• AI is rapidly changing both customer needs and internal operations, driving demand for modernization and automation.