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Q-linea (QLINEA) investor relations material
Q-linea Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Feb, 2026
Executive summary
Achieved over 400% year-over-year revenue growth in 2025, with a fivefold increase in consumables run-rate and strong adoption in the US, Italy, and other regions.
Commercial pipeline expanded rapidly, with US growth expected to accelerate after FDA clearance of an expanded menu in 2026.
Internalized consumables production and operational restructuring reduced costs and improved gross margins, with cost savings effective January 2026.
Restructuring at year-end 2025 led to a new organization and material reduction in OpEx starting Q1 2026.
Leadership changes and reallocation of resources to market-oriented roles supported commercial expansion.
Financial highlights
Net sales for 2025 reached SEK 11.1 million, up from SEK 2.4 million in 2024, with Q4 2025 net sales at SEK 2.9 million.
Operating result (EBIT) improved to SEK -176.7 million from SEK -213.6 million year-over-year.
Cash and cash equivalents at year-end were SEK 258.1 million, following a rights issue and capital raises totaling over SEK 312 million before costs.
Average OpEx per month in Q4 2025 was SEK 11.7–12.5 million, with a target to reduce below SEK 11.5 million in 2026.
Restructuring costs of SEK 6 million were recognized in 2025, covering personnel reductions for 2026.
Outlook and guidance
Breakeven targeted for 2027, with continued focus on recurring consumables revenue, cost discipline, and gross margin expansion.
US market expected to accelerate from Q2 2026 after FDA clearance, with significant pipeline queued for conversion.
Targeting 70–90 contracted units by end of 2026 and 150–190 by end of 2027, up from 19 at end of 2025.
Launch of non-blood infection testing kits planned for H2 2026 to expand addressable market.
Additional cost savings and facility consolidation planned for 2026.
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Next Q-linea earnings date
Q1 202614 Apr, 2026
Q-linea
Next Q-linea earnings date
Q1 202614 Apr, 2026
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Frequently asked questions
Q-linea is a Swedish company engaged in the development and production of instruments and consumables for infection diagnostics in the clinical environment. Q-linea works with a wide range of professions. The mission and vision that Q-linea is working to realize, is to facilitate infection diagnostics to as many professionals as possible, with high quality and reliable instruments and consumables.
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