EQT AB (SE:EQT)
:EQT
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Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
4.99Last Year’s EPS
6.28Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted several substantial and high-profile wins (largest single-fund capital gain from Galderma, hard-cap close of BPEA IX, record EUR 1bn evergreen inflows, launch of AI Infrastructure seeded by EdgeConneX, strong dry powder and fundraising momentum, and a progressing Coller Capital combination). These positives outweigh the challenges discussed — namely Q1 market volatility, software multiple contractions, and timing of fee recognition — which management contextualized as near-term valuation noise rather than structural performance deterioration. Given the breadth of achievements, strategic positioning for AI, and strong fundraising and liquidity posture, the overall tone is constructive and forward-looking.Company Guidance
Record Galderma Monetization
Completed final sell-down of Galderma including a $6bn sponsor-backed block trade; fully monetized investment returned ~ $26bn to investors and generated ~ $20bn in capital gains — the largest single-fund capital gain in the industry.
BPEA Fund IX Hard Cap Close and Scale Gain
Closed BPEA Fund IX at USD 15.6bn (fee-generating commitments USD 14.9bn), hitting hard cap and representing ~40% increase versus BPEA Fund VIII; attracted 75+ new investors with 45+ from EQT strategies contributing ~25% of commitments.
Strong Evergreen Net Inflows
Evergreen private wealth vehicles recorded record quarterly net inflows of EUR 1.0bn in Q1 2026, up from ~EUR 200m in Q4 2024 (a 400% increase in quarterly net inflows); redemptions remained very low at <0.5% in the quarter.
Launch of AI Infrastructure Strategy and EdgeConneX Seed
Launched a dedicated AI Infrastructure fund seeded by EdgeConneX; EdgeConneX operates >90 data centers globally, portfolio includes ~29 million miles of fiber and energy assets with a development pipeline exceeding 100 GW; combined digital and energy enterprise value north of $100bn.
Fundraising and Fund Activation Momentum
EQT XI fundraising on track for a strong first close around midyear; Infra VI is ~75–80% invested with Infra VII targeted for activation around year-end; management expects to be in market with 10+ closed-ended fundraises during 2026 (many extending into 2027).
Robust Dry Powder Positioning
Firm-wide dry powder exceeds EUR 40bn (excluding the upcoming EQT XI), positioning EQT to deploy capital across opportunities and potential market dislocations.
Software Portfolio Operational Outperformance
EQT software companies delivered strong underlying performance: average net sales growth at low-to-mid teens and operating profit expansion of 20%–30% last year; several software exits (4 exits with weighted average gross MOIC ~5x) and IFS crystallized a gross MOIC >7x, with IFS expected to grow ARR >20% while realizing up to EUR 100m annual AI-driven savings.
Fund & Exit Activity
Q1 exits included Galderma and Azelis (both from EQT VIII); post-quarter Infra IV & V sold minority stakes in EdgeConneX to the AI Infrastructure fund and Infra V sold a minority stake in Nordic Ferry — exit pipeline remains diversified with a target roughly in line with 2025 exit volumes (~30 exit events targeted for 2026).
Coller Capital Combination Progress
Announced combination with Coller Capital (on track to close mid–late Q3); Coller momentum includes private credit secondaries fund launches (CCO III) and private equity secondaries (CIP X) with Coller private wealth showing >$400m net inflows in Q1; target to double fee-paying AUM within 4 years.
Carry and Capital Returns
Four key funds in carry mode with ~EUR 600m of carry remaining to be recognized over multiple years; EQT VIII cash carry expected to include ~EUR 500m (substantial portion expected in H1 2026); shareholder returns recently ~EUR 800m distributed via dividends and buybacks over the last 12 months.
SE:EQT 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
SE:EQT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | kr321.70 | kr324.30 | +0.81% |
Jan 22, 2026 | kr361.00 | kr374.70 | +3.80% |
Oct 16, 2025 | kr336.80 | kr327.06 | -2.89% |
Jul 17, 2025 | kr336.60 | kr332.82 | -1.12% |
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 EQT AB (SE:EQT) report earnings?
EQT AB (SE:EQT) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is EQT AB (SE:EQT) earnings time?
EQT AB (SE:EQT) earnings time is at Jul 16, 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 EQT AB stock?
The P/E ratio of EQT AB is N/A.
What is SE:EQT EPS forecast?
SE:EQT EPS forecast for the fiscal quarter 2026 (Q2) is 4.99.