)
VIGO Photonics (VGO) investor relations material
VIGO Photonics Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was PLN 19.25 million, down 12.46% year-over-year, with notable growth in semiconductor materials (+31.58%) and transport (+162.7%) segments.
Operating loss (EBIT) was PLN -0.38 million, a decline of PLN 1.26 million year-over-year; adjusted EBITDA rose 21.9% to PLN 4.22 million.
Net loss for Q1 2026 was PLN -0.77 million, down by PLN 0.47 million year-over-year; adjusted net profit was PLN 1.24 million, up PLN 1.54 million year-over-year.
Cost of goods sold decreased 18.7% year-over-year, while general administrative costs rose 21.02% due to one-off acquisition-related expenses.
Financial highlights
Revenue: PLN 19.25 million (Q1 2026) vs. PLN 21.99 million (Q1 2025).
Net loss: PLN -0.77 million (Q1 2026) vs. PLN -0.30 million (Q1 2025).
Adjusted EBITDA: PLN 4.22 million (Q1 2026) vs. PLN 3.46 million (Q1 2025).
Operating cash flow: PLN 8.36 million (Q1 2026) vs. PLN 3.02 million (Q1 2025).
Net cash from financing: PLN 6.93 million (Q1 2026) vs. PLN -2.77 million (Q1 2025).
Outlook and guidance
Management expects revenue growth in subsequent quarters, especially in infrared detectors and modules, with significant matrix segment revenue anticipated in 2027.
Continued R&D and new product launches are expected to support long-term growth.
- Revenue up 10.1% y/y, but H1 2025 ends with net loss and negative EBIT; outlook remains positive.VGO
Q2 2025 - Revenue up 8.4% but net profit down sharply; new EIB financing to boost R&D and growth.VGO
Q2 2024 - Military and semiconductor sales surged, but higher costs sharply reduced profitability.VGO
Q3 2024 - Revenue up 4.4% but net loss posted; strategic R&D and military contracts drive future growth.VGO
Q4 2024 - Q1 2025 revenue up 39% year-over-year, with improved margins and strong outlook for 2025.VGO
Q1 2025 - Q3 2025 revenue surged 48.5% year-over-year, but profitability was pressured by rising costs.VGO
Q3 2025 - Revenue up 19% and record backlog signal strong growth momentum for 2026.VGO
Q4 2025
Next VIGO Photonics earnings date
Next VIGO Photonics 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