Schmid H1 FY26 net loss widens to €47.81 million; revenue more than doubled to €46 million
SHMD•Order intake and backlog increased
Order intake reached EUR 96.6 million year-to-date through Aug. 21; backlog rose to EUR 95 million as order activity accelerated.
H1 revenue more than doubled as net loss widened
Schmid Group posted H1 2026 revenue of EUR 46 million, more than doubled from a weak H1 2025.
Net loss widened to EUR 47.81 million under IFRS, driven mostly by non-cash accounting effects tied to the XJ Harbour conversion.
Adjusted EBITDA loss narrowed to EUR 0.56 million on a non-IFRS basis, versus EUR 11.58 million a year earlier.
Full-year guidance reaffirmed with lower margin outlook
Full-year revenue guidance of more than EUR 100 million was reaffirmed; adjusted EBITDA margin outlook was cut to 6%–9% from above 12%.
