The call highlighted significant technology advancements and partnerships, ensuring a strong future outlook. However, the current financial performance is under pressure due to a notable decline in revenue and order intake, as well as contract cancellations. Despite these challenges, the company remains confident in its long-term strategy and financial resilience.

Company Guidance -

Q3 2025

In the second quarter of 2025, Nel reported revenue from contracts with customers of NOK 174 million, a 48% decline from the previous year, primarily due to reduced project activity in the alkaline segment and contract cancellations. The company recorded a negative EBITDA of NOK 86 million and an EBIT of minus NOK 153 million, with a pretax income of minus NOK 132 million and a net income of minus NOK 131 million. The order intake was low at NOK 71 million, while the order backlog stood at NOK 1.25 billion. Nel's cash balance remained solid at NOK 1.9 billion, and cash flow from operating activities was minus NOK 53 million. The company has initiated several cost reduction activities, reducing its employee count from 430 at the end of the third quarter of 2024 to 361 at the end of the second quarter of 2025. The guidance highlighted a strategic focus on technology development and reducing the levelized cost of hydrogen, with plans to launch a pressurized alkaline system and a next-generation PEM stack in the coming years.

Partnership with Samsung E&A

Samsung E&A launched its CompassH2 hydrogen plant solution with Nel Inside, which is expected to be highly attractive to customers seeking end-to-end solutions with performance guarantees.

Successful Technology Developments

Nel is making significant progress with new technology developments, including a next-generation pressurized alkaline system expected to reduce system CapEx by 40% to 60% and improve energy consumption.

Strong Cash Position

Nel maintained a solid cash balance of NOK 1.9 billion at the end of the quarter, ensuring flexibility to invest in technology development despite market downturns.

NEL ASA (NLLSF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NLLSF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	>-0.01 / -	-0.007	―	―	―
Jul 16, 2025	2025 (Q2)	>-0.01 / >-0.01	-0.003	-133.33% (>-0.01)
Apr 30, 2025	2025 (Q1)	>-0.01 / >-0.01	>-0.001	-910.00% (>-0.01)
Feb 26, 2025	2024 (Q4)	>-0.01 / >-0.01	-0.005	27.27% (<+0.01)
Oct 16, 2024	2024 (Q3)	>-0.01 / >-0.01	-0.009	23.91% (<+0.01)
Jul 17, 2024	2024 (Q2)	>-0.01 / >-0.01	-0.018	83.70% (+0.02)
Apr 17, 2024	2024 (Q1)	>-0.01 / >-0.01	-0.011	90.99% (<+0.01)
Feb 28, 2024	2023 (Q4)	>-0.01 / >-0.01	-0.042	87.03% (+0.04)
Oct 25, 2023	2023 (Q3)	-0.01 / >-0.01	-0.015	41.40% (<+0.01)
Jul 18, 2023	2023 (Q2)	-0.01 / -0.02	-0.016	-10.84% (>-0.01)

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

NLLSF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 16, 2025	$0.27	$0.27	0.00%
Apr 30, 2025	$0.24	$0.23	-4.17%
Feb 26, 2025	$0.21	$0.23	+9.52%
Oct 16, 2024	$0.42	$0.40	-4.76%

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 NEL ASA (NLLSF) report earnings?

NEL ASA (NLLSF) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is NEL ASA (NLLSF) earnings time?

NEL ASA (NLLSF) earnings time is at Oct 29, 2025, 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 NLLSF EPS forecast?

NLLSF EPS forecast for the fiscal quarter 2025 (Q3) is >-0.01.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing