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Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Profoto
Profoto (PRFO) investor relations material
Profoto Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary6 May, 2026
Executive summary
Net sales for Q1 2026 declined by 9.5–10% year-over-year to SEK 149m, with organic growth of 1% and a negative currency effect of 10.5–11%.
EBIT remained stable at SEK 17m, with the margin improving to 11.3% (up from 10.4% last year).
Large studios increased investments in content production, supporting demand, and the Pro-11 drove positive organic growth.
The company began shipping the new ProPanel 3x2 LED panel at quarter-end, with broader market impact expected in Q2.
Regional performance varied: Americas saw 9.3% organic growth, EMEA was soft with -6.5%, and APAC was mixed, with China strong and Japan/rest of APAC lagging.
Financial highlights
EBIT for the quarter was SEK 17m, with an EBIT margin of 11.3%.
EBITDA increased to SEK 36m (24.1% margin), up from SEK 32m (19.2%).
Cash flow from operating activities was SEK 23m, down from SEK 58m in Q1 2025.
Net debt/EBITDA improved to 1.5.
Over 30% reduction in cost base compared to the same quarter last year.
Outlook and guidance
Management expects a slightly higher cost base in coming quarters due to new product launches and increased sales and marketing investments.
The launch of the Profoto ProPanel 3x2 is expected to impact Q2 2026 financials.
No dividend proposed for 2025 to maintain operational flexibility.
Future cost impact of ProPanel 3x2 launch
Tax refund impact on year-over-year cash flow
Drivers of organic growth in the Americas
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Latest events from Profoto
- Sales and EBIT fell in 2025, but cost cuts and new LED launches support a positive outlook.PRFO
Q4 202512 Apr 2026 - Q2 sales up 7.3% on new launches, but EBIT margin dropped to 18.5% amid higher costs.PRFOQ2 20243 Feb 2026
- Q3 sales fell 4.4% as weak demand persisted, but Americas grew and new launches are planned.PRFOQ3 202418 Jan 2026
- Sales fell but margins improved as new launches and cinema lighting target future growth.PRFOQ4 20242 Dec 2025
- Sales and profit fell on weak US demand; cost cuts, price hikes, and LED launches planned.PRFOQ1 202524 Nov 2025
- Sales and EBIT fell, but new LED launches and cost cuts support future growth.PRFOQ2 202516 Nov 2025
- Q3 2025 saw a 28% sales drop, negative EBIT, and cost savings as new LED products launch.PRFOQ3 202523 Oct 2025
Next Profoto earnings date
Q2 202617 Jul, 2026
Profoto
Next Profoto earnings date
Q2 202617 Jul, 2026
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excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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