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Edge15 May 2026
TOMRA: Closing the Loop
The story of TOMRA: from reverse vending machine pioneer to global technology for deposit systems, recycling, and resource optimization.
Starbreeze
Starbreeze (STAR) investor relations material
Starbreeze Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary12 May, 2026
Executive summary
Net sales for Q1 2026 were SEK 26.6 million, down from SEK 67.7 million year-over-year, mainly due to a tough comparison with PAYDAY 3's PlayStation Plus launch in Q1 2025.
PAYDAY 2 maintained a positive trend, while PAYDAY 3 sales declined to SEK 9.9 million from SEK 33.0 million year-over-year.
The company focused on improving PAYDAY 3, expanding the PAYDAY franchise, and cost efficiency, with positive operating cash flow and adjusted EBITDA for the period.
Strategic partnerships were announced for PAYDAY film/TV adaptations and a new VR game, supporting franchise expansion.
Financial highlights
EBITDA was SEK -3.6 million (SEK 15.7 million in Q1 2025); adjusted for restructuring, EBITDA was SEK 5.5 million.
Profit/loss before tax was SEK -56.3 million (SEK -29.4 million in Q1 2025).
Earnings per share were SEK -0.03 (SEK -0.02 in Q1 2025).
Cash flow from operating activities was SEK 2.0 million (SEK -11.7 million in Q1 2025).
Liquid funds at quarter-end were SEK 74.5 million (SEK 130.1 million in Q1 2025).
Outlook and guidance
Management expects further cost reductions and improved cash flow from restructuring to take full effect by Q3 2026.
Continued disciplined execution and investment in PAYDAY franchise growth remain priorities.
Expected timing for full cost-saving effects
Strategic role of Roblox Notoriety project
Impact of 2025 PS Plus deal on Q1 comparisons
Partial view of Summaries dataset, powered by Quartr API
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Latest events from Starbreeze
- PAYDAY 2 outperformed, PAYDAY 3 stabilized, and cost discipline measures were implemented.STAR
Q4 202519 Feb 2026 - Q2 2024 net sales reached SEK 40.2m, with strong cash reserves despite a SEK 70.6m loss.STARQ2 202423 Jan 2026
- Revenue and profit dropped sharply year-over-year, but cash and new projects support future growth.STARQ3 202414 Jan 2026
- Q4 revenue fell, but EBITDA and cash remain strong as cost controls and new releases drive growth.STARQ4 202424 Dec 2025
- PAYDAY focus and major impairment drive quarterly loss despite strong sales growth.STARQ3 202515 Dec 2025
- Q1 sales up 19.5%, PAYDAY 3 rights regained, and new launches planned despite margin drop.STARQ1 202525 Nov 2025
- Net sales up 33.8% as PAYDAY focus, work-for-hire, and full franchise rights drive growth.STARQ2 202523 Nov 2025
Next Starbreeze earnings date
Q2 202620 Aug, 2026
Starbreeze
Next Starbreeze earnings date
Q2 202620 Aug, 2026
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