Aker Solutions Reports Stable Q3 2026 Results Amid Strategic Transformation

Aker Solutions has reported its financial performance for the third quarter of 2026, noting steady operations and the achievement of key project milestones. The company is currently focusing on digital transformation and standardizing its project execution processes to improve long-term competitiveness.

Financial Performance

• Revenue: NOK 13.5 billion for the quarter.
• Underlying EBITDA: NOK 1.3 billion, with a margin of 7.7 percent (excluding SLB OneSubsea profit).
• Order Intake: NOK 5.4 billion.
• Secured Backlog: NOK 69.3 billion as of the end of the quarter.
• Net Cash Position: NOK 5.8 billion.

Operational Highlights

Key operational achievements include the successful sail-away of the Valhall PWP and Hugin B topside platforms for Aker BP. Additionally, the Life Cycle segment maintained strong performance across its various frame agreements and modification projects. The company holds a 20 percent ownership stake in SLB OneSubsea, which reported revenue of USD 1.1 billion for the quarter, marking a 12 percent year-over-year increase.

Future Outlook

For the full year 2026, Aker Solutions expects revenue between NOK 53 and 55 billion. Looking ahead to 2027, the company anticipates a decline in revenue to between NOK 35 and 40 billion. In response to this expected change in activity levels, Aker Solutions is actively reshaping its business structure and reducing its cost base to align with future market conditions.

Investors and stakeholders can verify these results and access further financial documentation via the official Cision press portal or the company's investor relations website.