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Zaptec (ZAP) investor relations material
Zaptec Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record Q1 2026 revenue and EBITDA, driven by 32% year-over-year growth, strong order intake, and robust European EV market momentum.
Maintained market leadership in core regions and expanded market share outside the Nordics, demonstrating scalability.
Positive cash flow and strengthened liquidity position, with all-time-high installation rates and a solid order book.
Financial highlights
Revenue reached NOK 457 million (32% year-over-year growth), the highest single quarter ever.
Order intake increased 28% to NOK 467 million, with backlog up 45% to NOK 737 million.
Gross margin improved to 43% from 39% in Q1 2025, driven by favorable product mix.
EBITDA reached NOK 51 million (11% margin), up from NOK 14 million (4% margin) in Q1 2025.
OPEX rose to NOK 143 million, but as a share of revenue declined to 31% from 35% year-over-year.
Outlook and guidance
Q2 expected to surpass Q1, with strong revenue growth anticipated in Nordics and Benelux; Tier 1 market share gains are a top priority.
Focus on continuous product improvements, integrations, and R&D execution, with profitability expected to improve during 2026.
Gross margin focus maintained amid geopolitical uncertainty and cost pressures.
- Record revenue, margin gains, and a new dividend highlight strong European growth momentum.ZAP
Q4 202524 Apr 2026 - Strong Q2, new partnerships, and Zaptec Go 2 launch drive European expansion.ZAP
Q2 202423 Jan 2026 - Revenue down 26% but gross margin and market share held steady; 2025 recovery expected.ZAP
Q3 202414 Jan 2026 - Strong Q4 results, margin gains, and robust backlog set up record 2025 growth.ZAP
Q4 202416 Dec 2025 - Record Q3 revenue, EBITDA, and installations highlight strong European market growth.ZAP
Q3 202516 Dec 2025 - Q1 saw record revenue, improved margins, and 11% market share in European home charging.ZAP
Q1 202525 Nov 2025 - Q2 2025 saw 13% revenue growth, record EBITDA, and strong liquidity, with robust order intake.ZAP
Q2 202523 Aug 2025
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