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Satellite company grows despite steep drop in orders

GomSpace increased both revenue and earnings in the second quarter, while order intake fell 45 percent
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Denmark-based GomSpace converted more of its backlog into revenue in the second quarter, even as the inflow of new orders slowed. Higher sales and improved margins also brought the company back to operating profit.

That is according to GomSpace’s financial report for the first half of 2026.

Revenue rose 17 percent to SEK 112.6m, while operating profit reached SEK 5.4m after a loss of SEK 0.7m in the same period last year. Growth in the products business and high-margin deliveries from advanced satellite missions supported the result.

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