Clavister Q3 2026: 53 % Growth and Significantly Improved Profitability
November 12, 2026, Örnsköldsvik, Sweden. Clavister, a leader in European cybersecurity for mission-critical applications released its latest quarterly report for 2026.
- Net sales grew by 52.8 % to 77.2 (50.5) MSEK.
- EBIT improved to 16.6 (2.1) MSEK, and profit after tax improved to 13.7 (0.3) MSEK.
- Total order backlog, following quarterly order intake of 56.6 (34.1) MSEK, amounted to 592.9 (362.1) MSEK.
- Clavister signed its largest civilian agreement to date with a global enterprise customer.
“The third quarter was characterised by continued strong growth and a clear improvement in profitability. Net sales increased by 53 % to 77 MSEK, and adjusted operating profit amounted to 17 MSEK. The defence business continued to drive growth and reached an important milestone in the Norwegian TCNS project, while we signed our largest civilian customer agreement to date. With a substantial order backlog and growing interest in European cybersecurity, we are strengthening our development and sales capacity to capture opportunities across both business areas.”, John Vestberg, President and CEO.
The Third Quarter
- Order Intake amounted to 56.6 (34.1) MSEK.
- Annual recurring revenue (ARR) amounted to 140.8 (138.1) MSEK.
- Net Sales amounted to 77.2 (50.5) MSEK. FX adjusted Net Sales amounted to 77.0 (51.1).
- Gross Profit amounted to 70.1 (41.0) MSEK, corresponding to a gross margin of 88.8 (80.0) %.
- EBITDA amounted to 27.5 (12.7) MSEK.
- EBIT amounted to 16.6 (2.1) MSEK.
- Net Profit amounted to 13.7 (0.3) MSEK and earnings per share to 0.04 (0.00) SEK.
- Cash and cash equivalents amounted to 25.6 (40.2) MSEK.
Events after the Reporting Period
- The first payment of about 65 MSEK was received from the Norwegian Defence Materiel Agency in accordance with the agreed payment schedule.
The full quarterly report can be found at the Company’s web page: https://www.clavister.com/company/investor-relations/#reports
At 09:00 CET, November 12, 2026, Clavister’s CEO John Vestberg and CFO, David Nordström will be presenting the quarterly results in a live web session. Following the presentation, the audience will be given the opportunity to ask John and David questions in a Q&A session. Register at https://www.clavister.com/company/investor-relations/#reports