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Earnings Data
Report Date
Sep 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.02Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple concrete commercial progress points (first royalties, new MLAs, strong cash, large addressable market, technology launch and a global partner ecosystem) and clear cost‑reduction actions (targeting ~20% cost savings for 2026). At the same time, management was candid about timing risks: near‑term royalties are modest, the business remains dependent on signing MLAs on a steady cadence to reach breakeven, and hydrogen demand and product development face headwinds and multi‑year timelines. On balance the positives (cash strength, partnerships, product launch, cost optimization and a sizable market opportunity) outweigh the near‑term revenue and timing challenges.Company Guidance
Strong cash position and controlled cash burn
Cash balance over GBP 83 million at year end; cash burn for the year was just under GBP 20 million; company reports around GBP 45 million of contracted revenue for 2026.
First royalties and manufacturing momentum
Doosan factory reached first production and fulfilled initial capacity orders, generating the company's first royalty revenues late in 2025; Delta producing prototype products and scaling; new manufacturing license agreement signed with Weichai (China) in 2025 and progressing rapidly.
Expanded global partner ecosystem
Broad partner network across regions including Doosan (Korea), Delta (Taiwan), Weichai (China), DENSO (Japan), Shell and Thermax (hydrogen), and a strategic commercial/advisory partnership with Centrica (U.K.) focused on data centers, commercial and industrial customers (multi‑gigawatt opportunity).
Technology leadership and product launch
Single‑stack SOFC platform commercially launched (Capital Markets Day April 15); single cell/stack platform supports both power generation (SOFC) and green hydrogen (SOEC) use cases, providing dual‑use advantage to licensees.
Cost optimization and margin resilience
Completed business restructuring and realignment to an optimized cost base; management expects ~20% cost savings in 2026 versus the 2025 cost base while retaining an asset‑light model and industry‑leading gross margins.
Hydrogen program technical progress and funding
Megawatt‑scale electrolysis with Shell exceeded performance expectations; DENSO produced first hydrogen with JERA and unlocked government funding (~JPY 35 billion, approx. GBP 165 million) to advance SOEC technology; development underway for pressurized systems with Shell and Thermax to improve hydrogen economics.
Large addressable power market
Management estimates a ~22 GW opportunity for SOFC power generation by 2030, split roughly 50% data centers and 50% industrial/commercial; geographic split cited ~25% U.S., ~20% Europe, ~50% Asia; current comparable SOFC unit price referenced around $3,500/kW (market context).
GB:CWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:CWR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | 308.80 p | 329.40 p | +6.67% |
Sep 26, 2025 | 141.40 p | 129.00 p | -8.77% |
Mar 21, 2025 | 71.55 p | 65.85 p | -7.97% |
Sep 27, 2024 | 200.20 p | 253.40 p | +26.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ceres Power Holdings (GB:CWR) report earnings?
Ceres Power Holdings (GB:CWR) is schdueled to report earning on Sep 24, 2026, Before Open (Confirmed).
What is Ceres Power Holdings (GB:CWR) earnings time?
Ceres Power Holdings (GB:CWR) earnings time is at Sep 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Ceres Power Holdings stock?
The P/E ratio of Ceres Power Holdings is N/A.
What is GB:CWR EPS forecast?
GB:CWR EPS forecast for the fiscal quarter 2026 (Q2) is 0.02.