Autostore Q3 2026

Q3 2026 overview

Order intake of USD 178 million, up 17% YoY

Revenue of USD 192 million, up 38% YoY

Gross margin of 71% and Adj. EBITDA margin of 42%

Raised full year 2026 revenue guidance to around USD 750 million from around USD 700 million provided at Q2 2026

On 5 November, announced the acquisition of Logiqs for a purchase price of up to EUR 30 million enabling future expansion into roaming pallet Automated Storage and Retrieval System (AS/RS)

Gross margin remained robust at 71%, while adjusted EBITDA margin was 42%. Cash flow conversion was 78%, underscoring the strength of our highly cash generative business model.

"Strong customer demand and execution drove revenue growth of 38% year-over-year and order intake growth of 17% year-over-year, reflecting our highest ever third quarter order intake. Combined with a healthy backlog and increased visibility into the remainder of the year, we raise our full-year revenue guidance to around USD 750 million, up from around USD 700 million at Q2", said CEO Mats Hovland Vikse.

"Innovation remains at our core of our goal to provide autonomous and intelligent fulfillment. As supply chains become increasingly strategic to our customers, they are looking for solutions that improve productivity, flexibility and resilience. With today's acquisition of Logiqs we add another core technology that, over time, will bring roaming pallet AS/RS capabilities to the AutoStore platform, helping us address a broader set of needs for both new and existing customers," said Mats Hovland Vikse, CEO of AutoStore.

	Third quarter
USD million	2026	2025	Δ in %
Revenue	192.1	139.0	38.2%
Gross profit	137.1	101.7	34.8%
Gross margin	71.3%	73.1%	-1.8 p.p.
EBIT	54.1	48.6	11.2%
Adjusted EBITDA¹	81.3	65.5	24.2%
Adjusted EBITDA margin¹ (%)	42.3%	47.1%	-4.8 p.p.
Adjusted EBIT¹	67.1	53.8	24.6%
Adjusted EBIT margin¹ (%)	34.9%	38.7%	-3.8 p.p.
Cash flow conversion¹	78.0%	75.9%	2.1 p.p.
Order intake	177.6	152.4	16.5 %

¹Alternative performance measures used in this release are described and presented in the section Alternative Performance Measures in the quarterly report.

For further information, please contact:

Hiva Flåskjer, SVP Investor Relations, AutoStore AS Telephone: +47 958 66 790 I hiva.flaskjerautostoresystem.com

Attached file: View report (PDF)

https://www.mfn.se/cis/a/autostore/autostore-q3-2026-financial-result-a513e386