GomSpace reports revenue growth and narrows 2026 financial guidance
Satellite manufacturer GomSpace reported a 17% revenue increase in Q3 2026, reaching 130.4 million SEK, while setting long-term growth targets for 2030.
GomSpace announced a positive third-quarter performance for 2026, characterized by a 17% rise in revenue to 130.4 million SEK compared to the previous year. The company reported an EBITDA of 18.6 million SEK, representing a 14% margin, alongside an operating profit increase to 8.6 million SEK.
Order intake saw significant momentum during the quarter, jumping 104% to approximately 119.7 million SEK. Despite the growth in operational metrics, the firm recorded a negative free cash flow of 41.7 million SEK, reflecting the capital-intensive nature of the satellite production sector.
Looking toward the future, the company has narrowed its financial guidance for the full year 2026. Management also established long-term objectives, aiming for 1.6 billion SEK in revenue and an EBITDA margin exceeding 20% by 2030. These targets signal a strategic focus on scaling operations within the competitive small satellite market.