AutoStore reports third-quarter revenue growth and raises full-year guidance
AutoStore posted Q3 2026 revenue of $192 million and increased its annual revenue outlook to $750 million. The company also announced the acquisition of Logiqs to expand its pallet storage capabilities.
AutoStore recorded a 38% increase in revenue to $192 million for the third quarter of 2026, alongside a 17% rise in order intake, which reached $178 million. The company maintained a strong financial performance with a 71% gross margin and an adjusted EBITDA margin of 42%.
Driven by these results, management has raised its full-year 2026 revenue guidance to approximately $750 million, up from the $700 million estimate provided in the second quarter. The company reported a cash flow conversion rate of 78% for the period.
Strategic expansion remains a priority for the firm, highlighted by the announced acquisition of Logiqs on November 5. The deal, valued at up to €30 million, is intended to facilitate AutoStore’s entry into automated storage and retrieval systems for pallets, diversifying its logistics automation portfolio.