AutoStore Reports Strong Q2 2026 Financial Results
Automation system provider AutoStore released its Q2 2026 financial results, showing significant year-over-year growth in both order intake and revenue. The company also announced a share buyback program.
AutoStore Holdings Ltd., a provider of automation systems for warehouses, announced its financial results for the second quarter of 2026 on Thursday, August 13, 2026. The company reported a 45% year-over-year increase in order intake, reaching USD 218 million. Revenue also saw substantial growth, rising by 43% to USD 192 million.
The company achieved a gross margin of 72% and an adjusted EBITDA margin of 45%. Following the record order intake, AutoStore's order backlog stood at USD 596 million, reflecting strong demand for its automated fulfillment solutions.
For the full year 2026, AutoStore now expects revenue to be around USD 700 million, a significant increase from the USD 539 million reported in 2025. This projects an annual growth rate of approximately 30%.
In addition to the financial performance, AutoStore announced its intention to initiate a share buyback program of up to USD 75 million. This move signals the company's confidence in its financial position and future prospects.