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Norsk Titanium
Norsk Titanium (NTI) investor relations material
Norsk Titanium Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary7 May, 2026
Executive summary
Revenue increased to USD 1.1 million in Q1 2026, nearly doubling from USD 0.6 million in Q1 2025, driven by progress in funded development and early-stage commercial activities.
Signed a collaboration agreement with Airbus for joint development and industrialization of RPDⓇ technology, including machine installation at Airbus' Varel facility.
Resumed and expanded deliveries of titanium wafer carrier trays to Hittech, with volumes expected to increase significantly in 2026 and beyond.
Achieved successful qualification and transition to serial production with General Atomics Aeronautical Systems, Inc. (GA-ASI) for defense applications.
Awarded the Safran 2026 Supplier Innovation Award, validating the company's additive manufacturing capabilities.
Financial highlights
Q1 2026 revenue reached USD 1.1 million, up from USD 0.6 million in Q1 2025.
Average monthly cash burn was USD 2.1 million in Q1 2026, improved from USD 2.3 million in Q4 2025.
Quarter-end cash balance stood at USD 13.3 million, including foreign exchange gains.
Revenue for 2026 is expected to be weighted toward the second half of the year.
Outlook and guidance
Expects continued year-on-year revenue growth, with a focus on converting qualified programs into recurring production revenue.
Preparing to raise additional capital in 2026, supported by largest shareholders.
Anticipates increased business volumes in semiconductor and aerospace segments.
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Latest events from Norsk Titanium
- 2025 saw revenue drop, losses widen, and ongoing funding needs amid commercial transition.NTI
H2 202516 Apr 2026 - Serial production ramped up, ARR tripled, and major aerospace contracts secured.NTIH2 20249 Mar 2026
- Forging-equivalent titanium parts and OEM partnerships drive rapid commercial growth.NTIStatus update6 Mar 2026
- Guidance retracted and 2025 revenue fell to USD 4.1M, but long-term growth prospects remain strong.NTIQ4 2025 TU25 Feb 2026
- Recurring revenue from aerospace and industrial parts drives strong growth and multi-year backlog.NTISmall-Cap Growth Virtual Investor Conference 20243 Feb 2026
- Serial production parts tripled and ARR hit $11M, fueled by major contracts and capital raise.NTIH1 202423 Jan 2026
- 2024 revenue guidance cut to $6M, but 2025–2026 growth and funding targets remain strong.NTIQ3 2024 TU18 Jan 2026
- Full-year sales surged 118% with 2025 targeting over 120 parts and $70–$90M ARR.NTIQ4 2024 TU9 Jan 2026
- Q1 2025 revenue up, but delays and slowdowns heighten risk to 2025–2026 targets.NTIQ1 2025 TU26 Nov 2025
Next Norsk Titanium earnings date
H1 202619 Aug, 2026
Norsk Titanium
Next Norsk Titanium earnings date
H1 202619 Aug, 2026
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