Softronic (SOF) Q3 2026 earnings summary

Executive summary

• Q3 revenue fell 2.6% YoY to SEK 200.9m and EBIT was SEK 23.8m; Jan–Sep revenue rose 9.3% to SEK 732.8m and EBIT rose 13.6% to SEK 73.3m.

• Q3 recurring revenue was 48.0% of sales versus 47.0%; Jan–Sep recurring revenue grew 4.4% to SEK 336.7m.

Financial highlights

• Q3 EBIT margin was 11.8% versus 12.3%; net income was SEK 19.6m versus SEK 20.1m, and EPS was SEK 0.37 versus SEK 0.38.

• Q3 operating cash flow was SEK 7.8m versus SEK 15.3m, mainly reflecting higher receivables and lower earnings; Jan–Sep cash flow rose 17.3% to SEK 58.9m.

• Lower subcontractor revenue, down SEK 4.7m and mainly at two customers, drove the Q3 sales decline; service revenue including subcontractors fell 5.0%.

• Jan–Sep net income rose to SEK 59.2m from SEK 51.5m; EPS increased to SEK 1.12 from SEK 0.98.

Outlook and guidance

• Q4 priorities include customer commitments, cost control, replacing lost volumes, increasing own-consultant delivery and growing recurring revenue.

• AI-enabled development and offerings are expected to create profitable-growth opportunities; pricing and internal AI-consumption costs are under review as delivery and pricing models evolve.

• Demand outlook includes Azure, cloud architecture, cost optimization and efficient IT operations, alongside interest in long-term outsourcing partnerships.