GomSpace Q3 Revenue Up 17%, Targets SEK 1.6bn by 2030

Stockholm – November 05, 2026 -- GomSpace more than doubled third-quarter order intake, up 104% to SEK 119.7 million from SEK 58.5 million a year earlier. The small-satellite supplier also set a 2030 target of SEK 1.6 billion in annual revenue with an EBITDA margin above 20%, and narrowed its 2026 guidance.

Q3 revenue rises 17% and EBITDA climbs 68% to SEK 18.6 million

Revenue reached SEK 130.4 million (SEK 111.7 million). EBITDA rose to SEK 18.6 million from SEK 11.1 million, a 14% margin. Operating profit (EBIT) increased to SEK 8.6 million from SEK 3.3 million. Earnings per share were flat at SEK 0.08.

Free cash flow was negative SEK 41.7 million, against negative SEK 38.0 million in Q3 2025.

Nine-month revenue grows 25% while cash burn nearly doubles

Year-to-date revenue rose to SEK 369.8 million from SEK 296.4 million. EBITDA climbed 64% to SEK 44.2 million, and EBIT reached SEK 16.5 million, up from SEK 3.5 million. Earnings per share were SEK 0.24, compared with a loss of SEK 0.14 a year earlier.

Nine-month order intake grew only 1%, to SEK 377.3 million (SEK 373.7 million). Free cash flow was negative SEK 144.3 million, against negative SEK 78.4 million. The company said the burn reflects investment in scaling the business.

GomSpace narrows 2026 outlook to the lower part of its SEK 540-600 million revenue range

Management cited year-to-date performance, the current order backlog and the expected timing of new orders. It now expects revenue in the lower part of the SEK 540-600 million range. The EBITDA margin is expected toward the high end of the 10-12% range.

Company targets at least 30% annual growth to reach SEK 1.6 billion by 2030

The 2030 target implies annual growth of at least 30% from the current rolling 12-month revenue base. The company expects growth from all five business units, continued market share gains and international expansion. It credits the target to a transformation of its operating model over the past three and a half years.

Outstanding receivable remains open as GomSpace redeploys products

The company said it is actively managing an outstanding receivable and remains confident that payment will be received. It is repurposing products across other projects to reduce its exposure progressively. The source does not disclose the receivable's size or the counterparty.

GomSpace presents its Q3 trading statement at a webinar hosted by HC Andersen Capital at 11:00 CET on November 5. The full-year report is due February 17, 2027.

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