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Hexagon AB (HXGBY)
OTHER OTC:HXGBY
Earnings Data
Report Date
Apr 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.11Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly constructive message: Hexagon delivered organic growth (3%), record gross margin (67.5%), exceptional cash conversion (121%), and a standout performance in Autonomous Solutions (23% organic growth). Operational progress includes strategic acquisitions, a clear restructuring program targeting EUR 110m savings, and continued SaaS momentum and market recognition for Octave with a planned spin-off in H1 2026. Offsetting factors are meaningful near-term headwinds — notably FX (-150 bps on EBIT margin), a reported earnings decline, China channel destocking (EUR 8–10m in Q4 and Q1) and a temporary margin drag from R&D capitalization/amortization timing and Octave investments. Management presented actionable mitigants (cost program, pricing, product ramp-ups), and the positives (growth, margins, cash generation, strong order intake) outweigh the near-term negatives.Company Guidance
Return to Organic Growth
Group organic growth of 3% in Q4 2025 (reported revenue EUR 1.4bn; reported -1% due to FX). Recurring revenues grew 3% and new products contributed ~2% to growth.
Record Gross Margin
Record gross margin of 67.5% in the quarter, driven by favorable product mix and pricing discipline; rolling 12-month gross margin in line with prior year.
Outstanding Cash Conversion
Very strong operating cash flow before tax and interest of EUR 509m and cash conversion of 121% for the quarter, helped by a working capital release of EUR 121m and reduced capitalized R&D.
Autonomous Solutions Surge
Autonomous Solutions delivered EUR 196.4m revenue, up 23% organic year-on-year, with EBIT of EUR 67.7m and an EBIT margin of 34.5%, driven by aerospace/defense and mining strength.
Regional Strength in Americas
Americas grew strongly at 11% organic, with positive contribution across business areas and particular strength in construction (Americas), aerospace & defense, and mining.
Strategic M&A and Portfolio Actions
Announced acquisitions (Inertial Sense for Autonomous Solutions and IconPro for metrology services) and progress on the sale of Design & Engineering to Cadence (expected closing in Q1).
Octave SaaS Momentum and Market Recognition
Octave delivered another quarter of double-digit SaaS growth, recorded new bookings (record quarter), 2% organic growth overall, recurring revenue ~70% of total, and leadership recognition from Gartner and IDC.
Restructuring Progress and Cost Savings
Restructuring program launched to target EUR 110m annual run-rate savings by end-2026 (EUR 74m Hexagon core, EUR 36m Octave). Q4 generated EUR 11m in savings with an annualized run rate of EUR 65m.
Strong Order Intake in Manufacturing Intelligence
Manufacturing Intelligence reported strong order intake growth of 7% year-on-year and exited the quarter with a robust order book for 2026 (revenues EUR 491m, 1% organic growth).
Corporate Actions and Leadership
Board to propose dividend EUR 0.14 per share; appointed new CFO for Hexagon core (Enrique Patrickson) and continuing progress toward Octave separation (targeted H1 2026 / Q2 for spin-off filings and investor day planned).
HXGBY 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
HXGBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 30, 2026 | $11.23 | $11.36 | +1.21% |
Oct 24, 2025 | $12.06 | $12.86 | +6.56% |
Jul 25, 2025 | $10.98 | $11.84 | +7.80% |
Apr 30, 2025 | $9.41 | $9.60 | +2.03% |
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 Hexagon AB (HXGBY) report earnings?
Hexagon AB (HXGBY) is schdueled to report earning on Apr 23, 2026, Before Open (Confirmed).
What is Hexagon AB (HXGBY) earnings time?
Hexagon AB (HXGBY) earnings time is at Apr 23, 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 HXGBY EPS forecast?
HXGBY EPS forecast for the fiscal quarter 2026 (Q1) is 0.11.