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SCHMID delivers solid H1 2026 results with revenue at €46M
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SCHMID delivers solid H1 2026 results with revenue at €46M

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  • SCHMID Group (NASDAQ:SHMD) reported H1 2026 revenue of €46 million, up from €16.9 million a year earlier.
  • The company improved adjusted EBITDA to a loss of €0.6 million and reduced financial debt by about €30 million.
  • SCHMID reaffirmed 2026 revenue guidance above €100 million but lowered its adjusted EBITDA margin outlook to 6–9%.

SCHMID Group (NASDAQ:SHMD) reported first-half 2026 revenue of €46 million, compared with €16.9 million in H1 2025, while improving adjusted EBITDA and expanding its order backlog.

The company reported gross profit of €9.8 million with a 21.2% margin, while order intake reached €96.6 million year to date as of August 21, 2026, compared with continued demand across its business areas.

SCHMID reported an operating loss of €8 million, while adjusted EBITDA improved to a loss of €0.6 million from a loss of €11.6 million in the prior-year period, and the company’s reported net loss widened to €47.8 million due mainly to non-cash effects from liability-to-equity conversion and warrant fair-value movements.

The company reduced financial debt by approximately €30 million since year-end 2025, converted €30.75 million of shareholder debt into equity, and secured a new $20 million 2029 convertible note.

SCHMID reported cash of approximately €14.3 million as of July 31, 2026, with approximately $21 million remaining available under a standby equity purchase agreement, while maintaining 2026 revenue guidance above €100 million.

The company maintained its 2026 order intake guidance of €125 million to €150 million and lowered its adjusted EBITDA margin outlook to 6–9% from above 12%.

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