Sweden's Fractal Gaming Q4 sales, EBITDA margin drop; notes impact of RAM shortage

Fractal Gaming AB

05/02/2026 07:12

Overview

Sweden-based PC gaming hardware firm's Q4 net sales fell 9%, with 4% organic growth

EBITDA margin for Q4 dropped to 3.8% from 14.2%

Company launched Scape gaming headset, expanding into new product category

Outlook

Fractal expects growth to be more weighted toward the second half of 2026

Company notes RAM shortages impacting pricing and availability

Fractal has increased flexibility in pricing and inventory strategy

Result Drivers

NEW PRODUCT LAUNCH - Launch of Scape gaming headset contributed to organic growth

EXTERNAL FACTORS - Profitability impacted by tariffs, currency fluctuations, and inventory costs in the US

COMPONENT SHORTAGES - RAM shortages driven by AI demand affected availability and pricing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
SEK 186.70 mln
Q4 EPS
SEK 0
Q4 EBIT
SEK 0
Q4 EBITDA
SEK 7 mln
Q4 EBITDA Margin
3.80%
Q4 EBIT Margin
0.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the computer hardware peer group is "buy"

Wall Street's median 12-month price target for Fractal Gaming Group AB is SEK32.00, about 48.5% above its February 4 closing price of SEK21.55

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nMFN9k64cl

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)