Einride Reports First Half 2026 Results

STOCKHOLM, SWEDEN -- August 18, 2026 -- Einride AB (Nasdaq: ENRD), a technology leader in autonomous and electric freight, announced its financial results for the first half of 2026, marking its maiden earnings report as a public company following its Nasdaq listing on June 10.

First half 2026 revenue increased by 26% year-over-year to SEK 273 million ($27 million) on a constant currency basis. Management expects the constant currency revenue growth rate to accelerate significantly in the second half of 2026, projected at 60 to 73 percent.

Financial Highlights

• Revenue rose 26% year-over-year to SEK 273 million ($27 million) on a constant currency basis.
• Cash position as of June 30, 2026, stood at SEK 748 million ($77 million).
• Net loss was SEK 1.12 billion in H1 2026, driven by non-cash charges including a recapitalization expense and share-based compensation from the public listing.

Commercial and Strategic Highlights

• Einride secured a deployment of 75 electric heavy-duty trucks within Amazon's U.S. middle-mile network across five locations.
• The company partnered with Tesla to deploy 500 Tesla Semi trucks on the Saga AI platform, financed through third-party solutions.
• Additional partnerships include DAF and the acquisition of charging and energy software company Flipturn.