Kongsberg Gruppen Results Q2 2026: Revenue, Profit and Margins
In Q2 2026, Kongsberg Gruppen’s revenue was NOK 9,887.0 million, up 29.6% from Q2 2025. Operating profit was NOK 1,588.0 million, an operating margin of 16.1% (Q2 2025: 13.9%). Net income for the period was NOK 1,600.0 million and earnings per share NOK 1.82.
Per-share figures and dividends are adjusted for Kongsberg Gruppen’s 5-for-1 share split on 3 June 2025, so earlier years are comparable with the company’s own restated figures.
Kongsberg Gruppen income statement Q2 2026: where the revenue went
Of every NOK 100 of revenue in Q2 2026, NOK 16.1 was left as operating profit and NOK 16.2 as net income.
Key figures for Q2 2026
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Revenue, NOKM | 9,887.0 | 7,630.0 | +29.6% |
| Operating profit, NOKM | 1,588.0 | 1,061.0 | +49.7% |
| Operating margin | 16.1% | 13.9% | +2.2 pp |
| Net income, NOKM | 1,600.0 | 1,624.0 | −1.5% |
| Net margin | 16.2% | 21.3% | −5.1 pp |
| Earnings per share | NOK 1.82 | NOK 1.85 | −1.6% |
Kongsberg Gruppen in charts
Kongsberg Gruppen from revenue to net income, Q2 2026
Net income was NOK 1,600.0 million on revenue of NOK 9,887.0 million, a net margin of 16.2%.
What drove Kongsberg Gruppen’s operating profit
Operating profit rose from NOK 1,061.0 million in Q2 2025 to NOK 1,588.0 million in Q2 2026. The chart shows which lines of the income statement made up the change.
Kongsberg Gruppen profitability: profit margins by quarter
In Q2 2026, Kongsberg Gruppen’s operating margin was 16.1% (Q2 2025: 13.9%) and net margin 16.2% (Q2 2025: 21.3%). From Q4 2024 to Q2 2026, the operating margin ranged from 13.4% (Q1 2025) to 17.1% (Q4 2025).
Kongsberg Gruppen revenue growth by quarter
Revenue was NOK 9,887.0 million in Q2 2026, up 29.6% from Q2 2025. The highest quarter from Q4 2024 to Q2 2026 was Q2 2026, with NOK 9,887.0 million.
Kongsberg Gruppen operating profit by quarter
Operating profit was NOK 1,588.0 million in Q2 2026 (Q2 2025: NOK 1,061.0 million).
Kongsberg Gruppen revenue and earnings, last twelve months
In the twelve months to the end of Q2 2026, revenue was NOK 35,726.0 million and net income NOK 7,302.0 million.
Kongsberg Gruppen earnings per share (EPS)
Earnings per share were NOK 1.82 in Q2 2026 (Q2 2025: NOK 1.85).
Quarterly results
| Quarter | Revenue | Change y/y | Operating profit | Operating margin | Net income | EPS |
|---|---|---|---|---|---|---|
| Q2 2026 | 9,887.0 | +29.6% | 1,588.0 | 16.1% | 1,600.0 | NOK 1.82 |
| Q1 2026 | 8,940.0 | +27.1% | 1,491.0 | 16.7% | 1,679.0 | NOK 1.91 |
| Q4 2025 | 9,593.0 | +35.3% | 1,642.0 | 17.1% | 2,319.0 | NOK 2.68 |
| Q3 2025 | 7,306.0 | — | 1,051.0 | 14.4% | 1,704.0 | NOK 1.93 |
| Q2 2025 | 7,630.0 | — | 1,061.0 | 13.9% | 1,624.0 | NOK 1.85 |
| Q1 2025 | 7,032.0 | — | 940.0 | 13.4% | 2,275.0 | NOK 2.59 |
| Q4 2024 | 7,092.0 | — | 971.0 | 13.7% | 1,472.0 | NOK 1.65 |
Annual results
| Year | Revenue | Operating profit | Operating margin | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | 31,562.0 | 4,694.0 | 14.9% | 7,922.0 | NOK 9.04 |
| 2024 | 24,648.0 | 3,197.0 | 13.0% | 5,143.0 | NOK 5.82 |
| 2023 | 40,617.0 | 4,600.0 | 11.3% | 3,715.0 | NOK 4.22 |
Dividends
| Financial year | Dividend per share | EPS | Payout ratio | Status | Source |
|---|---|---|---|---|---|
| 2025 | NOK 5.70 | NOK 9.04 | 63.1% | Board proposal | Release |
| 2024 | NOK 4.40 | NOK 5.83 | 75.5% | Board proposal | Release |
“Board proposal” is the dividend the board proposed in the financial statements release. The annual general meeting usually approves it, but check the company’s AGM release for the final decision. Payout ratio is dividend per share divided by basic earnings per share (payout ratio); N/M means not meaningful (loss).
Guidance vs. actual
What Kongsberg Gruppen told investors to expect in each report, and what it then reported for the year.
| Metric | Latest guidance (report) | Actual | Outcome |
|---|---|---|---|
| Revenue growth, 2026 | Up (Q1 '26) | — | Year in progress |
Guidance and actuals are as the company reported them, on the same basis (for example adjusted, or growth at constant currency). “Within guidance” means the actual is inside the latest range or meets the stated minimum or maximum; an “about” figure allows ±5% (±0.5 percentage points for percentages). For a direction such as “flat”, a change of less than 2% (0.5 points for margins) counts as flat. Guidance changed in a separate release between reports is shown from the next report onwards.
Calculate it yourself
- Operating margin calculatorKongsberg Gruppen in Q2 2026: 16.1%
- Net margin calculatorKongsberg Gruppen in Q2 2026: 16.2%
- Earnings per share calculatorKongsberg Gruppen in Q2 2026: NOK 1.82
About Kongsberg Gruppen
Kongsberg Gruppen is a Norwegian technology company that makes defence systems such as air defence and missiles, and space, surveillance and digital solutions. Its maritime business was spun off as Kongsberg Maritime in April 2026.
- Kongsberg Gruppen half-year report Jan–Jun 2026, published Jul 13, 2026
- Kongsberg Gruppen interim report Jan–Mar 2026, published May 6, 2026
- Kongsberg Gruppen financial statements release 2025, published Feb 6, 2026
- Kongsberg Gruppen interim report Jan–Sep 2025, published Oct 30, 2025
- Kongsberg Gruppen half-year report Jan–Jun 2025, published Jul 9, 2025
- Kongsberg Gruppen interim report Jan–Mar 2025, published May 8, 2025
- Kongsberg Gruppen financial statements release 2024, published Feb 7, 2025
- Kongsberg Gruppen interim report Jan–Sep 2024, published Oct 24, 2024
- Kongsberg Gruppen half-year report Jan–Jun 2024, published Jul 10, 2024
About these figures. All figures come from Kongsberg Gruppen’s published interim reports and financial statements releases, linked above, and are checked against them before publication. Errors are still possible, so confirm any figure in the original report before relying on it. Amounts are in millions of the reporting currency. Quarters reported only cumulatively (for example the fourth quarter) are derived by subtraction, and when a company restates earlier figures, older quarters on the previous basis are left out of comparisons. Margins and changes are calculated by Finpendium. This page is for information only and is not investment advice or a recommendation to buy or sell any security. See how the figures are checked and our Disclaimer. Spotted an error? Let us know.