Austria-headquartered IoT technology provider Kontron posted a small increase in revenue for the second quarter compared with the prior year and reported higher adjusted EBITDA, while confirming its full-year financial targets for 2026.
The company reconfirmed its 2026 revenue guidance at slightly above EUR 1,607 million and reiterated an expected organic revenue expansion of 8% after accounting for businesses that have been sold. Kontron also maintained its 2026 adjusted EBITDA forecast at EUR 225 million before deducting EUR 25 million in restructuring expenses.
Operationally, the Cybersolutions, Aerospace & Defense and Transportation segments were the main contributors to revenue growth during the quarter. By contrast, the GreenTec division experienced a sharp decline in sales.
Kontron reported a record order backlog of EUR 2.75 billion at the reporting date, signaling demand already booked into future periods.
The company said it is continuing restructuring activities within the GreenTec division. Those measures have included workforce reductions. Kontron expects the restructuring to deliver cost savings beginning in 2027.
For the first half of the year, Kontron recorded adjusted net income of EUR 48.80 million. The firm reported negative operating cash flow for the same period, attributing the shortfall to a temporary build-up of inventories in the context of ongoing chip supply challenges.
Summary of financial posture
- Confirmed 2026 revenue target: slightly above EUR 1,607 million.
- Projected organic revenue growth: 8% after adjusting for sold businesses.
- 2026 adjusted EBITDA forecast maintained at EUR 225 million before EUR 25 million in restructuring costs.
- First-half adjusted net income: EUR 48.80 million.
- Record order backlog: EUR 2.75 billion.
This update leaves Kontron's full-year financial roadmap intact while highlighting divergent performance across business units and short-term cash flow pressure tied to inventory management amid component supply issues.