Hexagon Purus Q2 2026 results
Analysis based on 6 articles · First reported Jul 16, 2026 · Last updated Jul 16, 2026
The results show continued losses but narrowing EBITDA, indicating progress toward break-even. The low equity ratio and convertible bond overhang may pressure the stock, while the order backlog and cost reductions provide some positive outlook.
Hexagon Purus ASA reported its Q2 2026 financial results on July 16, 2026. Revenue was NOK 146 million, down 25% year-over-year, while EBITDA improved to NOK -102 million from NOK -161 million. The company reduced operating expenses and exited the quarter with an order backlog of NOK 523 million. It delivered four hydrogen distribution modules and two vehicles to Toyota — Hino Motors. Restructuring costs of NOK 15 million were incurred for workforce reductions in Germany. The U.S. business was divested in Q1 2026. Equity ratio fell to 1%, and the company is evaluating capital structure measures including convertible bonds.
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