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Napatech posts strong Q1 growth and reaffirms 2026 guidance

Story Highlights
  • Napatech delivered strong Q1 2026 revenue growth with a solid 70% gross margin and improved EBITDA performance.
  • The company sees continued momentum in AI and core infrastructure and has reaffirmed its 2026 financial guidance targets.
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Napatech posts strong Q1 growth and reaffirms 2026 guidance

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Napatech A/S ( (DE:NAT) ) has shared an update.

Napatech A/S, a specialist in FPGA-based acceleration hardware and software for data-intensive telecom and cloud applications, reported strong top-line growth in the first quarter of 2026, driven by demand across AI, networking, storage, cybersecurity, and fintech use cases. The company focuses on core and AI infrastructure segments, aiming to position itself as a leading acceleration platform provider for the AI data center era.

First-quarter 2026 revenue rose to USD 5.7 million, up 69% year on year in U.S. dollar terms, with a robust 70% gross margin supported by disciplined pricing and product mix. EBITDA loss narrowed to DKK 18.1 million as higher volumes and cost control improved profitability, and management reaffirmed full-year 2026 guidance, signaling confidence in ongoing growth momentum and the conversion of design wins into revenue.

More about Napatech A/S

Napatech A/S is a leading supplier of programmable FPGA-based Data Processing Units and SmartNIC solutions serving telecom, cloud, enterprise, cybersecurity, and financial markets worldwide. Its commercial-grade software and high-performance hardware accelerate telecom, networking, and security workloads while freeing up server compute resources for applications and services.

Average Trading Volume: 200,762

Current Market Cap: NOK3.64B

Learn more about NAT stock on TipRanks’ Stock Analysis page.

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