EarningsQ2 2026 Earnings Report
DE:MKC0 Q2 2026 EPS Results
Actual EPS-€0.04
Consensus EPS-€0.07
Beat/MissBeat by +€0.03
One Year Ago EPS-€0.25
DE:MKC0 Q2 2026 Revenue Results
Actual Revenue€9.99M
Expected Revenue€9.73M
Beat/MissBeat by +€264.77K
YoY Revenue Growth+51.92%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeBefore Open
Conference CallThursday, August 13, 2026
DE:MKC0 Upcoming Earnings
AAC Clyde Space's next earnings date is estimated for November 12, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:MKC0 Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive operational and financial quarter: strong net sales growth (~51%), positive EBITDA (SEK 10.7m), a healthy order backlog (approaching SEK 1.2bn), progress on strategic contracts (Sterna, INFLECION, SKAO) and the start of revenue timing for VIREON in Q3. Key risks mentioned include revenue concentration on a few large contracts, margin pressure on very large constellation procurements (leading the company to walk away from some bids), and schedule/customer-dependency for programs like SKAO. On balance the achievements, confirmed guidance, and backlog provide a constructive near-term outlook despite the noted commercial and timing risks.Company Guidance
Strong Net Sales Growth
Net sales grew ~51% versus the same quarter last year, signaling robust topline momentum for the quarter.
Positive EBITDA and Operational Cash Flow
Reported positive EBITDA of SEK 10.7 million for the quarter and a very positive operational cash flow, indicating improving profitability and cash generation.
Healthy Order Backlog
Order backlog approaching SEK 1.2 billion, providing revenue visibility and supporting the company's multi-quarter execution plan.
Sterna Contract Progress and Revenue Contribution
Completed signing the second part of the Sterna payload and avionics contract; Sterna represented a large portion of Product & Mission revenue this quarter and will remain a dominant revenue driver for the next two years.
INFLECION Constellation Phase Signed (12 Satellites)
Signed the next phase of the INFLECION program for 12 satellites, marking a key milestone to build out the maritime constellation and prepare related services.
VIREON Launches and Commissioning Progress
Launched VIREON-1 and VIREON-2 (March). VIREON-1 achieved first light and is undergoing camera focusing/calibration; VIREON-2 is in commissioning. Company expects VIREON-generated revenue to begin in Q3 with a ramp toward full revenue next year.
SKAO (EUR 12m) Contract Progress – Preproduction Delivery
Shipped first preproduction Band 1 feed systems to the SKAO Observatory under the EUR 12 million contract; testing in South Africa underway and substantial production revenue remains to be delivered.
Maintained Full-Year Guidance
Reiterated full-year guidance of SEK 440 million to SEK 510 million in net sales with an EBITDA margin target of 10% and positive operational cash flow, reflecting management confidence after Q2 results.
DE:MKC0 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed