Aker Solutions Non-GAAP EPS of NOK 1.37, revenue of NOK 13.07B; updates FY26 outlook

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Aker Solutions press release (AKRTF): Q2 Non-GAAP EPS of NOK 1.37. Revenue of NOK 13.07B (-13.8% Y/Y). EBITDA of NOK 1.2 billion (9.2% margin) in the quarter.

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Aker Solutions reported a Q2 non-GAAP EPS of 1.37 NOK and revenue of 13.07 billion NOK. While revenue declined 13.8% year-over-year, the company defended profitability with an EBITDA of 1.2 billion NOK and a 9.2% margin. Investors should closely examine the order backlog and cash flow generation capacity for future energy transition projects based on the FY26 guidance update.

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Aker Solutions demonstrated resilient margin management despite a contraction in top-line growth. The shift towards energy transition projects remains a critical factor for long-term valuation, and the updated FY26 guidance provides a clearer trajectory for operational efficiency and capital allocation in the coming quarters.

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