Aker Solutions Reports Solid Q2 Results, Updates Full-Year Revenue Expectation
Aker Solutions announced a stable financial performance for the second quarter and the first half of 2026. The company now forecasts its full-year revenue to be between NOK 50 and 55 billion.
OSLO, Norway – July 14, 2026 – Aker Solutions delivered a solid financial performance in the second quarter and the first half of 2026, meeting several key project milestones. The company has updated its full-year revenue forecast to between NOK 50 and 55 billion, projecting an EBITDA margin of approximately 7.5 percent, excluding net profit from its stake in SLB OneSubsea.
The company reported second-quarter revenue of NOK 13.1 billion and an EBITDA of NOK 1.2 billion, resulting in an EBITDA margin of 9.2 percent (7.9 percent excluding SLB OneSubsea's net profit). The order intake for the quarter was NOK 9.9 billion, contributing to a total order backlog of NOK 77.2 billion at the end of the period.
Key project developments during the quarter included the load-out of the Hugin B topside for Aker BP and the commencement of construction for second-generation carbon capture and storage (CCS) projects in Norway. Significant new orders were secured for an HVDC substructure, electromechanical equipment for the Tussa II hydropower plant, and a long-term framework agreement with Cenovus Energy in Canada.
Looking ahead, Aker Solutions expects full-year revenue to be in the range of NOK 50 to 55 billion. The underlying EBITDA margin, excluding net profit from SLB OneSubsea, is anticipated to be around 7.5 percent for the full year. The company, which holds a 20 percent ownership in SLB OneSubsea, anticipates increased distributions from this venture in the latter half of 2026.