BeammWave (BEAMMW) Q1 2026 earnings summary

Executive summary

• Completed core hiring and finalized onboarding, strengthening expertise and presence in Asia, notably South Korea.

• Showcased digital beamforming results at major industry events, leading to increased commercial interest and new NDAs.

• Customer projects are progressing well, with an expanding commercial pipeline post-Mobile World Congress and 3GPP meeting.

• Continued innovation with approximately 50 active patent families, reinforcing intellectual property strength.

Financial highlights

• Net sales for Q1 2026 were SEK 0, down from SEK 1,642K in Q1 2025.

• Operating loss widened to SEK -8,316K from SEK -1,326K year-over-year.

• Capitalized development expenses increased to SEK 8,166K from SEK 2,191K.

• Cash and cash equivalents at period end were SEK 64,503K, down from SEK 79,855K at year-end 2025.

• Equity ratio improved to 96% from 93% year-over-year.

Outlook and guidance

• Organization executing with increased speed and precision, aiming to present major commercial news soon.

• Optimism about growth trajectory, supported by operational excellence and industry engagement.