Technoprobe (TPRO) Q2 2026 earnings summary

Executive summary

• H1 2026 revenues reached €464.1 million, up 42.4% year-over-year, driven by strong AI/data center demand, improved manufacturing efficiency, and broad-based customer growth.

• Gross profit rose to €249.6 million, with margin expanding to 53.8%.

• EBITDA nearly doubled to €206.2 million, with margin at 44.4%.

• Net profit rose to €143.1 million, reflecting a fourfold increase year-over-year.

• Manufacturing capacity expanded, with major investments in property, plant, and equipment to support growth.

Financial highlights

• Q2 2026 revenues reached €277.1 million, up 64.3% year-over-year and 48.2% sequentially.

• Q2 gross profit was €158.5 million (57.2% margin), and EBITDA was €137 million (49% margin).

• Operating profit more than doubled to €170.5 million.

• Net financial position was €685.9 million as of June 30, 2026.

• Shareholders’ equity increased to €1,393.9 million.

Outlook and guidance

• FY 2026 revenue guidance raised to €1,050–1,100 million, with EBITDA margin between 46–48%.

• Q3 2026 revenue expected at €314 million (±3%), gross margin at 61.5% (±200 bps), and EBITDA margin at 52% (±200 bps).

• H2 2026 expected to outperform H1, supported by robust AI-driven demand and production efficiency.

• Capacity expansion plan targets €350 million CapEx by Q1 2027, mostly in Italy.

• The Group plans to accelerate R&D and capacity investments, focusing on high-value technologies and operational flexibility.