Solteq (SOLTEQ) Q3 2026 earnings summary

Executive summary

• Q3 profitability strengthened sharply despite lower revenue; comparable operating result rose to €1.1m from €0.1m, supported by business renewal, efficiency measures and cost adjustments.

• Revenue was €10.1m in Q3 and €32.4m in 9M; comparable revenue guidance for FY 2026 was lowered to a decline, while comparable operating result is expected to improve clearly.

Financial highlights

• Q3 revenue was €10.128m, down 2.5% YoY; comparable EBITDA was €1.380m versus €0.425m, and reported EBITDA was €1.281m versus €0.392m.

• Q3 comparable operating result was €1.121m versus €0.114m; reported operating result was €1.022m versus €0.079m. Net income was €0.136m versus a €0.660m loss; EPS was €0.01 versus -€0.03.

• 9M revenue was €32.359m, down 6.7% YoY; comparable EBITDA was €2.234m versus €1.376m, while reported EBITDA was €1.419m versus €1.503m.

• 9M comparable operating result rose to €1.427m from €0.315m; reported operating result was €0.612m versus €0.441m. Net loss widened to €1.407m from €1.136m; EPS was -€0.07 versus -€0.06.

Outlook and guidance

• FY 2026 guidance, updated Oct. 29: comparable revenue declines and comparable operating result improves clearly.

• Utilities outlook is moderate, with regulatory change, electricity-market flexibility and efficiency-focused technology supporting demand; Retail & Commerce demand is expected to remain cautious.