Denmark's GomSpace H1 revenue rises, maintains FY forecast

GomSpace AB

26/08/2026 07:11

Overview
Denmark small satellite provider's H1 2026 revenue rose 30%, profitability improved
Order intake fell 18%, but order backlog increased, supporting future activity
Company maintained 2026 guidance; negative free cash flow reflects scaling investments

Outlook
GomSpace maintains 2026 revenue guidance at 540-640 mln SEK
Company expects 2026 EBITDA margin of 5% to 12%
Free cash flow expected to remain negative for 2026 due to planned scaling investments

Result Drivers
SEGMENT CONTRIBUTIONS - Co said revenue growth was driven by strong execution in Satellite Systems, Products and Advanced Missions
OPERATIONAL PERFORMANCE - Improved profitability attributed to higher revenue and continued focus on project execution and cost discipline
INVESTMENT IMPACT - Negative free cash flow driven by ongoing investments in strategic initiatives, product development and operational capabilities

Company press release: ID:nWkr3CqnDn

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Loss Per Share
 
SEK 0.17
 
H1 Revenue
 
SEK 2.39 bln
 

Analyst Coverage
Wall Street's median 12-month price target for GomSpace Group AB is SEK12.00, about 7.6% above its August 25 closing price of SEK11.15

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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.)