)
InCoax Networks (INCOAX) investor relations material
InCoax Networks Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q2 2026 were SEK 4,492 thousand, down 44% year-over-year, with product sales increasing sequentially due to Nokia deliveries.
Gross margin improved to 73% (from 70%), despite lower sales, due to favorable product and revenue mix.
Operating loss (EBITA) narrowed to SEK -6,090 thousand from SEK -11,357 thousand year-over-year, reflecting lower costs.
Structural transformation completed, reducing ongoing cost level by 40% and monthly costs by over SEK 3 million compared to end of 2025.
Focus remains on converting technical and financial improvements into recurring orders and revenue growth.
Financial highlights
Net sales Q2 2026: SEK 4,492 thousand (Q2 2025: SEK 8,072 thousand).
Gross profit: SEK 3,283 thousand (Q2 2025: SEK 5,654 thousand); gross margin: 73% (70%).
Operating profit (EBITA): SEK -6,090 thousand (Q2 2025: SEK -11,357 thousand).
Profit after tax: SEK -9,806 thousand (Q2 2025: SEK -11,503 thousand); EPS: SEK -0.08 (SEK -0.09).
Cash flow for the quarter: SEK 3,468 thousand (Q2 2025: SEK -11,069 thousand).
Outlook and guidance
Commercial activities intensified with Nokia, targeting global operator markets; D2508 product completion expected late summer.
Direct sales focus in Germany and neighboring markets, with ongoing projects and technology selection with Deutsche GigaNetz.
US market expansion through partners, with initial rollout phase underway with Underline and agreement with a US Tier 1 operator.
Continued cost discipline and focus on converting opportunities into recurring revenue and sustainable positive cash flow.
- Commercial execution phase begins with new launches, cost cuts, and key US/German contracts.INCOAX
Q1 2026 - Transitioning to commercial execution, the company targets positive cash flow in 2026.INCOAX
Q4 2025 - Q3 2025 sales fell sharply, but margin gains and new launches support a positive long-term outlook.INCOAX
Q3 2025 - Sales declined sharply, but margin and strategic positioning improved for future growth.INCOAX
Q2 2025 - Q3 2024 net sales rose 15% year-over-year, with strong progress in US and Nokia partnerships.INCOAX
Q3 2024 - Net sales more than doubled year-over-year, with Nokia partnership driving future growth.INCOAX
Q2 2024 - Lower sales offset by higher margins and new orders; growth outlook remains strong.INCOAX
Q1 2025 - 25% sales growth and strategic partnerships set the stage for long-term expansion.INCOAX
Q4 2024
Next InCoax Networks earnings date
Next InCoax Networks earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage