Sandvik Reports Impressive Growth in Third Quarter Results for 2026

Sandvik's Thriving Performance in Q3 2026

Stockholm, October 22, 2026 - Sandvik has unveiled its interim report for the third quarter of 2026, demonstrating substantial growth in both order intake and revenues. The figures reveal an order intake of SEK 36,948 million, a significant increase from SEK 30,769 million from the previous year. This uptick represents a 17% increase when measured at fixed exchange rates and also organically.

Revenue figures tell a similar story, with SEK 37,728 million reported compared to SEK 29,218 million in the same period last year. The numbers translate into a 26% increase at fixed exchange rates and a 25% organic growth, marking a noteworthy leap forward for the company.

In terms of profitability, Sandvik reported an adjusted EBITA of SEK 8,477 million, up from SEK 5,539 million, resulting in an adjusted EBITA margin of 22.5%, compared to 19.0% in the same quarter last year. The adjusted EBIT itself stood at SEK 7,997 million, with an improvement in margin to 21.2%, indicating effective cost management and operational efficiencies.

The overall profit before tax also surged to SEK 7,693 million, compared to SEK 4,707 million in the previous year, with a final profit for the period recorded at SEK 5,772 million against SEK 3,538 million in the prior year. Notably, the adjusted profit for the period reached SEK 5,820 million, demonstrating a strong recovery and resilience in their profitability amid market conditions.

Earnings per share figures also showcased a positive trajectory, with diluted earnings per share rising to SEK 4.60 from SEK 2.82. The adjusted diluted earnings, meanwhile, increased from SEK 2.81 to SEK 4.64, reflecting the company's strengthening financial position.

Furthermore, Sandvik reported a free operating cash flow of SEK 7,167 million, up from SEK 5,603 million, suggesting a robust cash generation capacity during the quarter.

This impressive performance has led Sandvik's president and CEO, Stefan Widing, to express optimism for the future. "These results illustrate our strong market position and ongoing commitment to operational excellence. We anticipate continued growth as we navigate the evolving market landscape," Widing commented.

A conference call and webcast will be held on October 22, 2026, at 10:00 AM CEST, where investors and analysts can gain deeper insights into the company's financials and future outlook. Interested parties can access the session via Sandvik's investor relations website.

The full interim report is available for download, along with supplementary information for stakeholders. As Sandvik continues to expand its operations and optimize its offerings, the company is well-positioned to sustain its impressive performance well into the future.