The filing lacks forward guidance and consensus estimates, making the stock move dependent on how the market interprets the revenue growth versus gross margin compression. Watch for the next quarterly filing to see if margin improvement initiatives and working capital conversion materialize.
Price Chart
Executive Summary
Turbo Energy reported record first-half 2026 revenue of €15.0M (+172.7% YoY) and swung to positive net income of €65,647 from a €1.4M loss, driven by execution on a 366 MWh industrial storage project and reduced operating expenses. Gross margin compressed to 16.5% from 24.0% due to a shift toward large-scale project deliveries, and the company raised €3.8M in equity to strengthen its balance sheet. The filing is a press release of unaudited semi-annual results, not a quarterly earnings release with consensus estimates, limiting the surprise analysis.
Key Financial Metrics
Key Facts
- Total revenue increased 172.7% to €15,033,238 ($17.2M) for H1 2026 vs €5,512,458 in H1 2025
- Operating income swung to positive €510,542 from a loss of €1,164,274
- Net income was €65,647 vs a net loss of €1,397,715 in the prior-year period
- Gross margin fell to 16.5% from 24.0% due to higher proportion of large-scale project revenue
- Shareholders' equity rose to €5,518,529 from €1,599,640, aided by €3.78M in net equity offering proceeds
- Working capital improved to €6,547,449 from negative €910,135 at year-end 2025
- No consensus estimates or guidance provided in the filing
Financial Impact
Revenue growth of 172.7% YoY to €15.0M; net income of €65,747 vs prior-year loss of €1.4M
Risk Factors
- Gross margin declined significantly from 24.0% to 16.5% due to large-scale project mix
- Operating cash flow was negative €3.66M, reflecting working capital build for project execution
- No guidance provided; sustainability of revenue growth and profitability uncertain
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3370812 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 21d ago | 6-K | $1.08 | awaiting T+20 | — | $0.8905 (−17.55%) |
Oct 6, 2026 21d ago | Press Release | $1.08 | awaiting T+20 | — | $0.8905 (−17.55%) |
Sep 29, 2026 28d ago | 6-K | $1.14 | awaiting T+20 | — | $0.8905 (−21.89%) |
Sep 29, 2026 28d ago | Press Release | $1.14 | awaiting T+20 | — | $0.8905 (−21.89%) |
Jul 2, 2026 16w ago | 6-K | $1.51 $1.49 | ▼ −1.32% | ▼ −0.91% | $0.8905 (−41.03%) |
Jun 5, 2026 20w ago | 6-K | $1.73 $1.48 | ▼ −14.45% | ▼ −16.31% | $0.8905 (−48.53%) |
Jun 3, 2026 20w ago | 6-K | $1.73 $1.51 | ▼ −12.72% | ▼ −11.72% | $0.8905 (−48.53%) |
May 18, 2026 23w ago | 6-K | $1.36 $1.48 | ▲ +8.82% | ▲ +7.24% | $0.8905 (−34.52%) |
May 18, 2026 23w ago | Press Release | $1.36 $1.48 | ▲ +8.82% | ▲ +7.24% | $0.8905 (−34.52%) |
May 15, 2026 23w ago | 20-F | $1.36 $1.48 | ▲ +8.82% | ▲ +7.24% | $0.8905 (−34.52%) |
US Market Status
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