Wise Group (WISE) Q3 2026 earnings summary

Executive summary

• Q3 revenue fell 5% YoY to Mkr 90.9; EBITDA was Mkr -1.2 and operating loss Mkr -4.6, while management described the overall result as unsatisfactory.

• Performance diverged by segment: Wise HR grew revenue and improved profitability, while Wise IT contracted and weakened; Sales & Finance remained profitable.

Financial highlights

• Q3 adjusted for Mkr 0.1 of one-off costs, EBITDA was Mkr -1.1 (prior-year adjusted Mkr 0.5); adjusted operating loss was Mkr -4.6 (Mkr -3.6).

• 9M revenue declined 9% YoY to Mkr 325.0; adjusted EBITDA was Mkr 2.9 (Mkr 7.5) and adjusted operating loss Mkr 7.6 (Mkr 5.6), excluding Mkr 3.2 of one-off costs.

• Q3 net result was Mkr -5.1 versus Mkr -5.4; 9M net result was Mkr -12.3 versus Mkr -12.3. EPS was -SEK 0.58 in Q3 and -SEK 1.52 for 9M.

• Operating cash flow was Mkr -11.3 in Q3 and Mkr -11.0 for 9M, versus Mkr -10.5 and Mkr -4.4, respectively, in prior-year periods.

Outlook and guidance

• Entering Q4, management cited positive movement in parts of the business and more active customer discussions, but said it was too early to call a broad market recovery.

• Financial goals are 8–10% average annual organic growth and a 6–8% operating margin over a business cycle.