Datalogic (DAL) Q1 2026 earnings summary

Executive summary

• Revenue grew 6.7% year-over-year to €120.3 million, with strong contributions from Data Capture and Industrial Automation segments and robust growth in APAC and Americas.

• Net loss improved slightly to €5.7 million from €5.9 million in Q1 2025, with a 0.5pp improvement in net margin.

• Adjusted EBITDA was €4.3 million (3.6% margin), down from €6.8 million (6.0% margin) in Q1 2025.

• Operating profitability declined due to inflationary pressures, especially on memory and logistics costs, and negative price effects.

• Net financial debt increased to €32.3 million from €14.9 million at year-end 2025.

Financial highlights

• Gross margin was 41.1%, down from 43.3% year-over-year, reflecting input cost inflation and price erosion.

• Adjusted EBIT was negative €3.2 million, down from negative €1.4 million a year earlier.

• Net trade working capital increased to €79.0 million, up from €61.9 million at Dec 2025, mainly due to higher inventory and lower payables.

• Cash flow from operations was negative at €-17.5 million for the quarter.

• Basic and diluted EPS: (€0.11), unchanged year-over-year.

Outlook and guidance

• Revenue growth for 2026 is expected mainly in the second half, with margin recovery dependent on price increases and cost control to offset rising memory and logistics costs.

• The outlook remains highly uncertain due to inflation, geopolitical factors, and order intake slowdown at the start of Q2.