Vaisala Corporation Interim Report January–March 2026: Industrial Measurements growth driving first quarter results

Vaisala Corporation        Interim Report January–March 2026        April 24, 2026, at 9:00 a.m. (EEST)

Vaisala Corporation Interim Report January–March 2026: Industrial Measurements growth driving first quarter results

This release is a summary of Vaisala’s Interim Report January–March 2026. The complete report is attached to this release as a pdf file. It is also available on the company website at https://www.vaisala.com/en/investors.

First quarter 2026:        

• Orders received EUR 127.4 (121.4) million, increase 5%, in constant currencies 10%
• Order book at the end of the period EUR 197.2 (Dec 31, 2025: 185.8) million, increase 6%
• Annual recurring revenue* (ARR) EUR 58.2 (Dec 31, 2025: 57.1) million, increase 2%
• Net sales EUR 137.0 (135.6) million, increase 1%, in constant currencies 7%
• EBITA EUR 20.7 (20.5) million, 15.1 (15.1) % of net sales
• Operating result (EBIT) EUR 18.9 (17.9) million, 13.8 (13.2) % of net sales
• Earnings per share EUR 0.38 (0.33)
• Cash flow from operating activities EUR 18.6 (18.7) million

* As of Q1/2026, Vaisala reports annual recurring revenue (ARR) for the Xweather business area. ARR equals average recurring monthly revenue for the quarter multiplied by twelve, including charges from volume-based contracts.

Business outlook for 2026

Vaisala estimates, excluding potential significant changes in market conditions, that its full-year 2026 net sales will be in the range of EUR 600–630 million (2025: EUR 597 million) and its EBITA will be in the range of EUR 95–110 million (2025: EUR 94 million).

Market outlook for 2026

Industrial markets are expected to grow, driven especially by the data center and semiconductor industries. Life science and power markets are expected to grow as well.

Mature meteorology and aviation markets normalized during 2025 after two years of exceptionally high demand. These markets are now expected to remain stable compared to the 2025 year-end levels.

Renewable energy markets declined in 2025 as wind resource assessment markets slowed down significantly. In 2026, renewable energy markets are expected to remain stable compared to the 2025 year-end level.

Markets for Xweather subscription sales are expected to grow.

Key figures