SCHMID Group Reports H1 2026 Financial Results

Freudenstadt, Germany -- SCHMID Group N.V. (NASDAQ: SHMD), a global leader in advanced manufacturing solutions for the electronics and semiconductor industries, reported its unaudited financial results for the first half of 2026, covering the period ended June 30, 2026, and adjusted its full-year 2026 guidance.

Financial Results Overview

For the first half of 2026, the company generated revenues of 46.0 million euros, compared to 16.9 million euros for the same period in the previous year. Gross profit reached 9.8 million euros with a gross margin of 21.2 percent, up from negative 1.6 million euros previously. The operating result stood at negative 8.0 million euros, and adjusted EBITDA was negative 0.6 million euros, marking an improvement from negative 11.6 million euros in H1 2025. Net loss for the period was 47.8 million euros, largely impacted by non-cash effects related to liability conversions and warrant fair-value movements.

Order intake year-to-date as of August 21, 2026, reached 96.6 million euros, with an order backlog of 95.0 million euros. The company also achieved significant deleveraging, reducing financial debt by nearly 30 million euros since December 31, 2025.

Key Highlights

• Revenues increased to 46.0 million euros for H1 2026, driven by strong performance in China.
• Adjusted EBITDA improved to negative 0.6 million euros from negative 11.6 million euros.
• Order intake guidance of 125 to 150 million euros maintained, expecting the upper half of the range.
• Revenue guidance for full-year 2026 confirmed at more than 100 million euros, while Adjusted EBITDA margin guidance was adjusted to 6 to 9 percent.