EQT AB Reports Strong Half-Year 2026 Performance Amidst Industry Challenges

EQT AB's Half-Year Report 2026

In a rapidly changing economic landscape, EQT AB has reported strong advancements in its Half-Year Report for 2026, showcasing remarkable resilience against prevailing market volatility. The company managed to unlock significant primary deals and further progress on its value creation agenda. Notably, they successfully returned nearly €17 billion to fund and co-investors, building upon a record year of exits in 2025.

Per Franzén, CEO and Managing Partner of EQT, expressed confidence in their strategic direction, noting, "In a volatile environment we were able to unlock attractive primary deals and make strong progress on our value creation agenda." The company's ongoing dedication to disciplined decision-making has allowed it to strengthen its client offerings significantly. Currently, EQT is launching over 20 funds and has reported high interest levels from private market investors.

Strategic Acquisitions and New Funds

A highlight of the report was the agreement to acquire Coller Capital, a leading global secondaries firm, which is expected to close by late Q3 2026. This strategic move will enhance EQT's customer relationships and create even more opportunities for their investors. The expansion continues in different fund categories, with the AI Infrastructure fund recently reaching an impressive NAV of over $9 billion just three months following its launch.

EQT's evergreen platform also reached a remarkable €10 billion in net asset value, reflecting its strong market position and investor confidence. The Scaleup Europe Fund is another exciting new initiative that's off to a promising start, a testament to the company’s commitment to adapt to evolving market demands.

Financial Highlights

EQT's financial metrics for the first half of 2026 illustrate a robust operational performance. Total revenue saw an increase to €1,610 million, marking a 26% rise from the previous year's figures. This growth was largely buoyed by enhanced carried interest and investment income, which reached €462 million. Additionally, EBITDA figures climbed to €962 million, showcasing a strong EBITDA margin of 60%.

Despite fluctuations in fee-related revenue and operating expenses, EQT's overall financial health remains strong, with net income amounting to €663 million—a clear reflection of effective cost management and strategic investment initiatives.

Fundraising and Investment Activity

Fundraising remains a strong suit for EQT. Gross inflows reached €17.8 billion, positioning the company with ambitious assets under management of €291 billion. Funds from notable initiatives, including the BPEA IX, saw significant contributions, effectively closing at $15.6 billion.

EQT’s ability to create attractive investments continues, reinforced by gross fund investments of €19 billion during the first half, while co-investment opportunities provided an additional €9 billion for clients. Such numbers signal a vibrant pathway of growth and opportunities laid out ahead.

Exit Strategies and Market Performance

In terms of exit strategies, EQT reported gross fund exits amounting to €7 billion, significantly driven by public market exits, with an additional €9 billion returned to co-investors. This past year's performance has illustrated a notable success in managing assets leading to substantial returns.

Franzén reflects on this growth stating, "Going forward, in an environment that is likely to remain challenging, EQT is exceptionally well-positioned to deliver for clients and take market share."

Looking Forward

As EQT navigates the current markets, its forward-looking strategies, continuing innovation, and commitment to maintaining strong client relationships indicate a promising trajectory ahead. The commitment to strategic growth areas including advanced AI capabilities and the expansion of its investment portfolio will undoubtedly enhance its position in the competitive landscape of investment management.

EQT AB's commitment to sustainability is reflected in its portfolio, with 65 companies showcasing validated science-based targets. This initiative emphasizes the company’s responsiveness to environmental considerations and its pledge to enhancing long-term capital value.

This report underlines EQT AB's solid performance within half of 2026, showcasing its ability to adapt and thrive in a dynamic environment, while upholding its mission to deliver value for its investors and stakeholders.