Acconeer (ACCON) Q3 2025 earnings summary

Executive summary

• Achieved record revenue of SEK 16.5 million in Q3 2025, representing 30% year-over-year growth and 24% growth at constant currency, with first positive EBIT quarter of SEK 220,000.

• Shipped 285,000 sensors and saw 13 product launches in Q3, with strong momentum in automotive and industrial applications.

• Significant progress in automotive, level sensing, and cargo tracking segments, with new design wins and product launches.

• Notable orders received from Nexty and Future Electronics, supporting expansion in automotive and level measurement markets.

Financial highlights

• Revenue up 30% year-over-year and 57% quarter-over-quarter; 24% and 59% respectively at constant currency.

• Q3 gross margin on sales of goods: 57% (vs. 61% prior year); nine-month gross margin: 59% (vs. 60%).

• Operating expenses reduced by SEK 3.3 million compared to the same period last year due to cost reduction program.

• Positive cash flow from operating activities of SEK 1 million, first in company history.

• Cash position at quarter end was SEK 55.5 million.

Outlook and guidance

• Confident outlook for automotive and non-automotive segments, with continued growth expected.

• Next financial objectives: cash flow positive quarter in 2026, SEK 300 million revenue in 2027, and long-term EBIT margin of at least 25%.

• Anticipates automotive, level sensing, and presence as top product areas in 2026 and 2027.