JLT Mobile Computers (JLT) Q2 2026 earnings summary

Executive summary

• Net sales for H1 2026 were SEK 58.2 million, down 23% year-over-year, with order intake at SEK 49.7 million, reflecting a challenging market and cautious customer investments, especially in the US.

• Gross margin improved to 41.3% from 35.0% year-over-year, driven by a stable USD, higher service revenue, and pricing discipline.

• Operating profit for H1 2026 was SEK -1.4 million, with a net loss after tax of SEK -2.2 million.

• Diversification efforts led to a 14% increase in net sales in container ports and construction/mining equipment segments.

• Continued investment in next-generation product platform and defense segment, with a focus on long-term growth.

Financial highlights

• Net sales for Q2 2026 were SEK 30.0 million, a 25% decrease compared to Q2 2025.

• EBITDA for H1 2026 was SEK -2.4 million, down from SEK 0.0 million in H1 2025.

• Cash flow for H1 2026 was SEK -9.7 million, compared to SEK -5.2 million in H1 2025.

• Equity at period end was SEK 39.6 million, with solidity at 54%.

• Earnings per share for H1 2026 were SEK -0.08, compared to SEK -0.01 in H1 2025.

Outlook and guidance

• Management expects continued uncertainty to impact short-term order intake, with focus on cost control, pricing, and selective investment in high-potential segments.

• The company is positioned for recovery with a strong product portfolio and disciplined operations.