thyssenkrupp
Logotype for thyssenkrupp AG

thyssenkrupp (TKA) investor relations material

thyssenkrupp Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for thyssenkrupp AG
Q1 2026 earnings summary12 Feb, 2026

Executive summary

  • Strategic transformation continues with a focus on becoming a lean financial holding company, highlighted by the spin-off of Marine Systems, ongoing negotiations for a majority sale of Steel Europe to Jindal, and the sale of Automation Engineering.

  • Green Transformation advanced with a framework agreement for ammonia cracking technology and continued DRI plant construction.

  • Order intake fell 38% year-over-year to €7.7 billion, mainly due to prior-year large orders in Marine Systems.

  • Market environment remains challenging, but operational performance and restructuring efforts, especially at Steel Europe, are yielding results.

  • Group guidance for FY 2025/2026 is confirmed.

Financial highlights

  • Q1 sales declined 8% year-over-year to €7.2 billion.

  • Adjusted EBIT increased to €211 million, up €20 million year-over-year, with a margin of 2.9%.

  • Net income was -€334 million, mainly due to restructuring expenses at Steel Europe.

  • Free cash flow before M&A was -€1.5 billion, reflecting typical seasonality, net working capital build-up, and absence of prior-year submarine order advances.

  • Net cash position at €3.2 billion as of Dec 2025.

Outlook and guidance

  • Group sales expected to decline 4–7% year-over-year; adjusted EBIT guidance €225–325 million.

  • Net income guidance unchanged at -€800 million to -€400 million, including restructuring expenses.

  • Free cash flow before M&A expected between -€600 million and -€300 million, including up to €350 million in restructuring outflows.

  • Segment guidance: Automotive Technology sales -2% to +1%, Decarbon Technologies -10% to -7%, Materials Services +2% to +5%, Steel Europe -3% to 0%, Marine Systems +2% to +5%.

  • Investment guidance at the lower end of €1.4–1.6 billion.

What is the financial impact of recent portfolio changes?
Detail FCF before M&A drivers
Explain Steel Europe's Adjusted EBIT improvement
How do portfolio changes support holding co. goal?
What drives the negative FY25/26 FCF outlook?
How does the DRI plant affect SE's competitiveness?
Steel Europe sale: Jindal talks and market sentiment
Materials Services: Capital market readiness timeline
Decarbon Technologies: Address project deferrals
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next thyssenkrupp earnings date

Logotype for thyssenkrupp AG
Q2 202612 May, 2026
thyssenkrupp
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next thyssenkrupp earnings date

Logotype for thyssenkrupp AG
Q2 202612 May, 2026

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.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
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.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
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.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
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.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

thyssenkrupp AG is an industrial conglomerate primarily focused on steel production, raw materials trading and engineering. Its main activities consist of: Steel, which produces alloy and carbon steel for the automotive industry in Europe and North America; Elevator Technology, which is one of the leading elevator companies in the world through brands such as ThyssenKrupp, and Maxxon; Components Technology, which focuses on light-weight aluminum components for automotive producers; Materials Services with materials supply the automotive and industrial sectors; Subsea based in Norway; Marine Systems with manufacturing plants in Northern Germany which focuses on naval vessels and submarines, including diesel engines and gearboxes produced by Blohm + Voss; and Automotive Technologies, which was split off from Components Technology.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage