The earnings call highlighted strong organic growth, particularly in the Sports segment and European market, along with successful product launches and strategic partnerships. However, the impact of tariffs created significant challenges, affecting sales and leading to a decline in EBIT. Legal costs and currency effects further pressured financial results. Despite these challenges, Mips maintains a positive long-term outlook.

Company Guidance -

Q3 2025

In the Mips Q2 2025 conference call, CEO Max Strandwitz and CFO Karin Rosenthal provided guidance that highlighted a 12% organic growth in the second quarter, despite challenging conditions, with year-to-date organic growth at 23%. The rapid implementation of tariffs notably impacted sales across all three categories, yet the company observed improvement as the quarter progressed. The U.S. market showed volume growth despite initial tariff-related uncertainties, while Europe maintained strong momentum, achieving over 50% growth. The Sports category saw a 3% net sales growth, and when adjusted for currency effects, 13% organic growth. The company launched new products, including the Mips Air Node Pro version in the bike category, and announced partnerships with athletes in Moto. Despite softer performance in Moto and Safety, primarily due to tariffs and currency impacts, Mips remains confident in its long-term strategy and financial targets, with an EBIT margin of 30.1% for the quarter and a 23% organic growth target for the first half of the year.

Organic Growth Amid Challenging Conditions

Mips achieved 12% organic growth in the second quarter and 23% year-to-date, despite challenging conditions including tariff implementations.

Strong Gross Margin Performance

Gross profit increased by 3%, with a strong gross margin of 74.2%, up from 72.9% last year, mainly due to a favorable sales mix.

Successful Product Launches

Mips launched the Mips Air Node Pro version in the bike segment and introduced a new mobile event concept at Eurobike, both well-received by customers.

Sports Segment Resilience

The Sports segment achieved 3% net sales growth, with 13% organic growth when adjusted for currency effects, and saw continued strong growth in the Snow subcategory.

Strategic Partnerships

Mips announced a partnership with Bullard, a key helmet brand, expanding its presence in the Safety category.

Strong European Market Performance

The European market saw over 50% growth, significantly contributing to overall performance.

MIPS AB (SE:MIPS) 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 >

SE:MIPS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	1.48 / -	1.4	―	―	―
Jul 16, 2025	2025 (Q2)	1.22 / 1.22	1.54	-21.10% (-0.32)
Apr 24, 2025	2025 (Q1)	1.09 / 0.72	0.447	61.07% (+0.27)
Feb 06, 2025	2024 (Q4)	1.72 / 2.00	0.6	233.33% (+1.40)
Oct 24, 2024	2024 (Q3)	1.42 / 1.40	0.51	174.51% (+0.89)
Jul 18, 2024	2024 (Q2)	1.05 / 1.54	0.762	102.10% (+0.78)
Apr 25, 2024	2024 (Q1)	0.58 / 0.45	0.53	-15.66% (-0.08)
Feb 08, 2024	2023 (Q4)	0.90 / 0.60	0.735	-18.37% (-0.14)
Oct 26, 2023	2023 (Q3)	0.89 / 0.51	1.1	-53.64% (-0.59)
Jul 20, 2023	2023 (Q2)	1.18 / 0.76	3.055	-75.06% (-2.29)

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:MIPS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 16, 2025	kr441.80	kr451.40	+2.17%
Apr 24, 2025	kr356.66	kr329.15	-7.71%
Feb 06, 2025	kr531.55	kr549.23	+3.33%
Oct 24, 2024	kr533.51	kr568.88	+6.63%

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 MIPS AB (SE:MIPS) report earnings?

MIPS AB (SE:MIPS) is schdueled to report earning on Oct 22, 2025, Before Open (Confirmed).

What is MIPS AB (SE:MIPS) earnings time?

MIPS AB (SE:MIPS) earnings time is at Oct 22, 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 the P/E ratio of MIPS AB stock?

The P/E ratio of MIPS AB is N/A.

What is SE:MIPS EPS forecast?

SE:MIPS EPS forecast for the fiscal quarter 2025 (Q3) is 1.48.

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