FlexQube AB reported strong growth in order intake and sales for the second quarter of 2026, supported by increased demand for its material handling and automation solutions, including Navigator autonomous mobile robots (AMRs) and cart train systems. Order intake for the April-June quarter rose 389.6% year on year to SEK 135.4 million, compared with SEK 27.7 million in the same period last year. Adjusted for currency effects, order intake increased 412.4%. Net sales rose 145.5% to SEK 54.6 million from SEK 22.3 million, or 163% on a currency-adjusted basis.
EBITDA stood at negative SEK 9.8 million, compared with negative SEK 8.5 million a year earlier, while EBIT was negative SEK 11.6 million against negative SEK 10.7 million. Loss before tax was SEK 12.6 million, compared with SEK 11.3 million in the second quarter of 2025. Earnings per share improved to negative SEK 0.7 from negative SEK 0.8.
During the quarter, FlexQube received additional orders worth approximately SEK 81 million from a major U.S.-based e-commerce and logistics company. The orders cover Navigator AMRs and cart train systems, with most deliveries scheduled for the third quarter. The company also secured a follow-on order of about SEK 12 million from a U.S. vehicle manufacturer, orders worth SEK 8.5 million from a U.S. aerospace customer and approximately SEK 4 million from a leading German electric vehicle manufacturer.
For the first six months of 2026, order intake increased 499% to SEK 294.2 million, while net sales rose 113.9% to SEK 110.6 million. EBITDA improved to negative SEK 7 million from negative SEK 12.6 million, while the loss before tax narrowed to SEK 12.7 million from SEK 18 million.
FlexQube said the strong order growth marks a shift toward larger commercial installations following several years of product development and pilot projects. Its installation and service organization is expected to exceed 15 employees during the third quarter as customer deployments expand.
The company has also increased production capacity through a combination of permanent and temporary staff and its supplier network. The current setup represents annualized production capacity of approximately SEK 700 million, based on product mix and capacity utilization.
After the quarter, FlexQube received additional orders worth approximately SEK 22 million from the major U.S. e-commerce and logistics customer for aftermarket services, including spare parts and maintenance. The company also secured its fifth U.S. patent for the Navigator AMR.
Today, FlexQube serves more than 1,300 customers across 40 countries, with North America and Europe representing its primary markets. Many of its customers are among the world’s largest industrial companies, including several Fortune 500 businesses, reinforcing the company’s position as a trusted provider of innovative and flexible material handling solutions.
