First Sensor (SIS) Q3 2026 earnings summary

Executive summary

• Sales in Q3 2026 were €19.2 million, stable sequentially and €2.0 million higher year-over-year, but nine-month sales of €59.4 million were €6.0 million below the prior year due to market uncertainty and customer hesitancy.

• Revenue guidance for 2026 was lowered from €85–95 million to €75–85 million, reflecting weaker demand and order postponements.

• The sale of the last subsidiary, First Sensor Lewicki GmbH, was completed on December 31, 2025, resulting in a simplified reporting structure focused on the parent company.

Financial highlights

• Revenue for the first nine months was €59.4 million, down from €65.4 million year-over-year.

• Operating result reached €13.7 million (prior year: €-4.9 million), mainly due to €21.7 million in proceeds from the sale of First Sensor Lewicki GmbH; excluding this, operating result was €-8.0 million.

• Net profit for the period before profit transfer was €15.9 million (prior year: €-3.5 million), translating to EPS of €1.53 (prior year: €-0.34).

• Cost of materials and staff costs both declined, with ratios improving to 46.0% and 45.5% of revenue, respectively.

• Cash flow from operating activities was €8.8 million (prior year: €11.3 million); free cash flow excluding the subsidiary sale was €8.9 million, similar to the prior year.

Outlook and guidance

• Sales guidance for 2026 was revised downward to €75–85 million due to ongoing market uncertainty and customer order delays.

• Investment guidance for the year was reduced to €1.0–2.0 million, with some projects postponed.