Unibap Space Solutions (UNIBAP) Q3 2026 earnings summary

Executive summary

• Q3 net sales were KSEK 19,767; order intake reached MSEK 55.8 and total contracted value, including guaranteed volumes, was MSEK 140.8.

• iX20 launch and the Leonardo framework agreement were key commercial milestones; management maintained its FY 2026 ambition of at least 30% net sales growth.

Financial highlights

• Q3 net sales were KSEK 19,767 vs KSEK 17,312 YoY; operating loss was KSEK 8,251 vs KSEK 13,114, and period loss was KSEK 6,832 vs KSEK 12,651.

• 9M net sales were KSEK 75,358 vs KSEK 66,505; operating loss was KSEK 15,907 vs KSEK 24,325, and period loss was KSEK 15,014 vs KSEK 23,800.

• 9M capitalized development expenditure was KSEK 33,565 vs KSEK 22,165, mainly for next-generation edge computers; other external and personnel costs also increased.

Outlook and guidance

• Management reiterated its ambition for at least 30% net sales growth in 2026, based on first-half order intake and its assessment of market activity.

• iX20 production is scheduled to start in Q4 2026, with ramp-up during Q1 2027; management expects order intake and revenue to vary between quarters during the growth phase.

• 9M order intake was MSEK 126.3 and contractual value MSEK 245.2; Q3 total contracted value was MSEK 140.8, including MSEK 85.0 in guaranteed volumes.