#financial results #Norway #Oslo #Aker Solutions #Q1 2026

Aker Solutions Delivers Solid Financial Results for Q1 2026

Aker Solutions has announced robust financial results for the first quarter of 2026, reflecting a transition back to normalized revenue levels from the remarkable peak achieved in 2025. The company reported an order intake of NOK 28.8 billion, which significantly boosted its secured order backlog to NOK 80.2 billion at quarter’s end. This marks a pivotal moment for Aker Solutions as it navigates the competitive landscape ahead.

Financial Performance Highlights

In its quarterly results released on April 30, 2026, Aker Solutions reported revenues amounting to NOK 13.4 billion. This figure points to a slight decline from NOK 14.4 billion during the same quarter last year. However, the underlying EBITDA for Q1 2026 stood at NOK 1.2 billion, contributing to an EBITDA margin of 8.6%.

Notably, earnings per share for this quarter were reported at NOK 1.31. The company’s achievements were further evidenced by a book-to-bill ratio of 2.2, driven primarily by long-term frame agreements for maintenance and modification services with major clients like Equinor and Aker BP.

Order Intake and Backlog Growth

A crucial aspect of Aker Solutions’ success in Q1 was its remarkable order intake. The NOK 28.8 billion order secured during this period has not only sustained the momentum from previous quarters but also reflected the growing trust clients have in the company’s capabilities.

These contracts are expected to contribute significantly to the company’s future financial health, as the secured backlog grew to NOK 80.2 billion, excluding options, providing a robust foundation for upcoming projects. This is a strong indicator of Aker Solutions’ strategic position and potential for growth in the coming years.

Strong Financial Position

Aker Solutions maintains a solid financial posture, with a net cash position reported at NOK 8.7 billion at the close of Q1. The company recently divested its shares in SLB for NOK 2.5 billion, an important move that has bolstered its liquidity. This financial flexibility is critical as Aker Solutions continues to pursue various growth opportunities.

CEO Kjetel Digre emphasized the importance of their skilled workforce in driving these positive results. He remarked, "In the first quarter, we delivered solid financials and a strong order intake, while our major projects continue to progress according to plan. This performance reflects the skills, commitment and dedication of our people."

Future Outlook

Looking forward, Aker Solutions anticipates a full-year revenue of approximately NOK 50 billion for 2026, based on its secured backlog and market activities. The underlying EBITDA margin is also projected to remain stable, estimated between 7.0 to 7.5% throughout the year.

The board has also prioritized capital allocation strategies that culminated in a total ordinary and extraordinary dividend distribution of NOK 8.60 per share, approved in the Annual General Meeting. This dividend was paid to shareholders on April 27, 2026, demonstrating Aker Solutions' commitment to returning value to its shareholders while pursuing growth initiatives.

As the company continues to position itself within emerging markets—especially regarding small modular reactors—Aker Solutions looks set to maintain its upward trajectory while leveraging its strong financial foundation. The advancements made in this quarter highlight its strategic focus and robust operational strengths, ensuring that Aker Solutions remains a formidable player in the energy sector moving forward.