Nel ASA: Second quarter 2026 financial results
(July 15, 2026 - Oslo, Norway) Nel ASA (Nel, OSE: NEL) reported revenues from contracts with customers of NOK 153 million in the second quarter of 2026, down 12% versus the same quarter last year, though up NOK 5 million from the previous quarter. Total revenue and income was NOK 182 million, up from NOK 152 million in Q1 2026. EBITDA in the quarter was NOK -155 million, compared with NOK -100 million in Q1 2026 and NOK -86 million in Q2 2025. However, this quarter’s EBITDA was negatively impacted by NOK 70 million related to the Iwatani settlement. Total order intake for the quarter was