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Terranet (TERRNT) investor relations material

Terranet Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary7 May, 2026

Executive summary

  • Signed first two evaluation agreements in the defense sector, expanding into new verticals driven by BlincVision's low latency and rapid detection capabilities.

  • Delivered BlincVision MVP to external partners, receiving positive feedback on usability and system performance; ongoing evaluations continue.

  • Increased visibility through participation in Neuromorphic Sweden and Amyna Accelerate, fostering industry connections and new business opportunities.

  • Showcased BlincVision at The Electric Mine 2026 with Jakob Mining Vehicles, marking first joint exposure with a partner.

  • Nominated Torsten Bernström to the Board, bringing defense and IT expertise.

Financial highlights

  • Revenue for Q1 2026 was SEK 0, unchanged from Q1 2025.

  • Operating loss improved to SEK -7,940 thousand from SEK -9,176 thousand in Q1 2025, reflecting lower external costs.

  • Net loss for the quarter was SEK -8,140 thousand, compared to SEK -9,851 thousand in Q1 2025.

  • Earnings per share improved to SEK -0.004 from SEK -0.01 year-over-year.

  • Cash and cash equivalents at quarter-end were SEK 25.9 million, down from SEK 37.7 million at year-end 2025.

Outlook and guidance

  • Focus remains on commercializing BlincVision, targeting commercial agreements generating revenue in 2026.

  • Continued business development in automotive and expansion into new use cases, with strengthened IP and patent portfolio.

  • Ongoing evaluations and customer dialogues expected to lead to long-term collaborations.

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