Wärtsilä Results Q2 2026: Revenue, Profit and Margins
In Q2 2026, Wärtsilä’s revenue was €1,559.0 million, down 2.2% from Q2 2025. Operating profit was €209.0 million, an operating margin of 13.4% (Q2 2025: 11.5%). Net income for the period was €147.0 million and earnings per share €0.25.
Wärtsilä income statement Q2 2026: where the revenue went
Of every €100 of revenue in Q2 2026, €13.4 was left as operating profit and €9.4 as net income.
Key figures for Q2 2026
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Revenue, €M | 1,559.0 | 1,594.0 | −2.2% |
| Operating profit, €M | 209.0 | 183.0 | +14.2% |
| Operating margin | 13.4% | 11.5% | +1.9 pp |
| Adjusted operating profit, €M | 218.0 | 203.0 | +7.4% |
| Net income, €M | 147.0 | 138.0 | +6.5% |
| Net margin | 9.4% | 8.7% | +0.8 pp |
| Earnings per share | €0.25 | €0.23 | +8.7% |
Wärtsilä in charts
Wärtsilä from revenue to net income, Q2 2026
Net income was €147.0 million on revenue of €1,559.0 million, a net margin of 9.4%.
What drove Wärtsilä’s operating profit
Operating profit rose from €183.0 million in Q2 2025 to €209.0 million in Q2 2026. The chart shows which lines of the income statement made up the change.
Wärtsilä revenue by region
In Q2 2026, the largest region was Asia with 34.8% of revenue, followed by Americas (30.8% of revenue).
Wärtsilä profitability: profit margins by quarter
In Q2 2026, Wärtsilä’s operating margin was 13.4% (Q2 2025: 11.5%) and net margin 9.4% (Q2 2025: 8.7%). From Q1 2025 to Q2 2026, the operating margin ranged from 11.5% (Q2 2025) to 13.4% (Q2 2026).
Wärtsilä revenue growth by quarter
Revenue was €1,559.0 million in Q2 2026, down 2.2% from Q2 2025. The highest quarter from Q1 2025 to Q2 2026 was Q2 2025, with €1,594.0 million.
Wärtsilä operating profit by quarter
Operating profit was €209.0 million in Q2 2026 (Q2 2025: €183.0 million). Adjusted operating profit was €218.0 million (Q2 2025: €203.0 million).
Wärtsilä revenue and earnings, last twelve months
Wärtsilä earnings per share (EPS)
Earnings per share were €0.25 in Q2 2026 (Q2 2025: €0.23).
Quarterly results
| Quarter | Revenue | Change y/y | Operating profit | Operating margin | Net income | EPS |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,559.0 | −2.2% | 209.0 | 13.4% | 147.0 | €0.25 |
| Q1 2026 | 1,445.0 | +0.8% | 190.0 | 13.1% | 147.0 | €0.25 |
| Q2 2025 | 1,594.0 | — | 183.0 | 11.5% | 138.0 | €0.23 |
| Q1 2025 | 1,433.0 | — | 171.0 | 11.9% | 123.0 | €0.21 |
Annual results
| Year | Revenue | Operating profit | Operating margin | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | 6,219.0 | 810.0 | 13.0% | 630.0 | €1.06 |
| 2024 | 6,449.0 | 716.0 | 11.1% | 507.0 | €0.85 |
| 2023 | 6,015.0 | 402.0 | 6.7% | 269.0 | €0.44 |
Revenue by region
| Region | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Asia | 542.0 | 460.0 | +17.8% |
| Other | 128.0 | 140.0 | −8.6% |
| Europe | 408.0 | 534.0 | −23.6% |
| Americas | 480.0 | 460.0 | +4.3% |
Dividends
| Financial year | Dividend per share | EPS | Payout ratio | Status | Source |
|---|---|---|---|---|---|
| 2025 | €1.06 | €1.06 | 100.0% | Board proposal | Release |
| 2024 | €0.44 | €0.85 | 51.8% | Decided by the AGM | 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).
Calculate it yourself
- Operating margin calculatorWärtsilä in Q2 2026: 13.4%
- Net margin calculatorWärtsilä in Q2 2026: 9.4%
- Earnings per share calculatorWärtsilä in Q2 2026: €0.25
About Wärtsilä
Wärtsilä is a Finnish company providing technology and lifecycle services for the marine and energy markets, including engines, propulsion systems and power plants.
- Wärtsilä half-year report Jan–Jun 2026, published Jul 21, 2026
- Wärtsilä interim report Jan–Mar 2026, published Apr 28, 2026
- Wärtsilä financial statements release 2025, published Feb 4, 2026
- Wärtsilä interim report Jan–Sep 2025, published Oct 28, 2025
- Wärtsilä half-year report Jan–Jun 2025, published Jul 18, 2025
- Wärtsilä interim report Jan–Mar 2025, published Apr 25, 2025
- Wärtsilä financial statements release 2024, published Feb 5, 2025
- Wärtsilä interim report Jan–Sep 2024, published Oct 29, 2024
- Wärtsilä half-year report Jan–Jun 2024, published Jul 19, 2024
About these figures. All figures come from Wärtsilä’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.