The company’s half-year results show revenue reaching 239.37 million SEK, supported by strong execution across its satellite systems and mission divisions. While order intake for the second quarter dipped to 140.6 million SEK from last year's figures, the firm’s bottom line saw significant improvement, with EBITDA climbing to 25.5 million SEK for the first six months. This shift toward profitability is accompanied by a strengthened balance sheet, with the equity ratio rising to 41%.
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GomSpace Reports 30% Revenue Growth as Shift Toward Sovereign Solutions Takes Hold
GomSpace A/S has delivered a robust performance for the first half of 2026, posting a 30% surge in revenue and a return to positive EBIT. As the company marks a decade on the Nasdaq Stockholm exchange, management is leveraging this momentum to pivot toward long-term defense and sovereign satellite contracts.
CEO Carsten Drachmann noted that while the company is maintaining its 2026 guidance, it is prioritizing investments in technology and production capabilities. This scaling phase explains the current negative free cash flow of 102.6 million SEK, which management describes as a deliberate cost of pursuing larger, more stable contracts in the sovereign defense sector. With a decade of market experience now behind it, the firm is betting that these longer sales cycles will eventually secure a more predictable and resilient revenue stream.
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