Aker Solutions Reports Strong Third Quarter with Positive Financial Growth

Aker Solutions Delivers Impressive Third-Quarter Results for 2026

Aker Solutions ASA has once again proven its strength in the market with the release of its third-quarter financial results for 2026. The company reported solid performance metrics, showcasing its ability to navigate a challenging economic landscape while fulfilling key project milestones.

Financial Highlights

During the third quarter, Aker Solutions recorded a revenue of NOK 13.5 billion, aligning perfectly with market expectations. This figure reflects a continuous growth trajectory that was kickstarted by peak activity levels in 2025. The underlying EBITDA stood at NOK 1.3 billion, resulting in a substantial EBITDA margin of 9.6 percent. Earnings per share also showed positive trends, reaching NOK 1.45.

With a robust order intake of NOK 5.4 billion, Aker Solutions maintains a solid order backlog, which stands impressively at NOK 69.3 billion. Furthermore, their net cash position has improved to NOK 5.8 billion, bolstered by strategic investments in liquid funds, indicating a strong liquidity status for future operations.

Key Milestones and Performance

Paal Eikeseth, the CEO of Aker Solutions, expressed pride in the achievements of the company's dedicated workforce. He stated, "During the quarter, we have met several important milestones in our project portfolio. Combined with solid financial performance, this reflects the expertise and dedication of our people."

One notable operational achievement was the sail-away of Aker BP's Valhall PWP and Hugin B topside platforms, which underscores the company’s commitment to executing critical energy projects efficiently. The Life Cycle segment also excelled, demonstrating robust performance with its existing frame agreements and modification projects.

Aker Solutions’ stake in SLB OneSubsea, where it holds a 20 percent interest, further bolstered its financial standing. The subsidiary reported revenues of USD 1.1 billion, marking a significant year-over-year increase of 12 percent, with an impressive underlying EBITDA margin of 18.5 percent.

Looking Forward

The outlook for Aker Solutions remains promising. For the full year 2026, the company anticipates revenue to be in the range of NOK 53 to 55 billion with an EBITDA margin between 7.5 and 8.0 percent, excluding net profit contributions from SLB OneSubsea. However, the forecast for 2027 suggests a revenue decline to between NOK 35 and 40 billion, prompting Aker Solutions to implement measures aimed at optimizing its cost base and aligning capacity with anticipated lower activity levels.

The firm’s commitment to leveraging digital tools and streamlining project execution will be crucial in this transition, as it seeks to enhance its competitiveness in the market. As Aker Solutions continues to evolve, it remains focused on providing value to its stakeholders while maintaining its position as a leader in the energy sector.

For more information, stakeholders can contact Preben Ørbeck at investor relations or Hallvard Norum for media inquiries.

Conclusion

Aker Solutions' performance in Q3 2026 reflects the company’s resilience and ability to adapt in an ever-changing market. By setting clear objectives for the coming years, Aker Solutions is not just aiming to sustain its financial health but also to build a competitive edge for future growth.