Record Q2 Financial Results
Integrated Wind Solutions Reports Record Q2 Revenue and Surging Quarterly Net Profit
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Integrated Wind Solutions (IWS) posted record revenue of €36.5 million in Q2 2026, up 28% year-over-year, as the offshore wind company accelerates growth Quartr. Net profit jumped 79% to €9.6 million, while earnings per share hit an all-time high of €0.18. The company declared its third consecutive quarterly cash dividend of NOK 1.00 per share.
Revenue and Profit Surge on Fleet Performance
IWS Group EBITDA reached €14.8 million in Q2, a 64% jump year-over-year and 46% higher than Q1 Market Screener. The IWS Fleet division drove the gains. Sequential revenue climbed 6% from Q1 to Q2, showing strong momentum heading into the second half of 2026.
Third Dividend Signals Confidence in Cash Generation
The board approved a NOK 1.00 per share cash dividend, the third ordinary quarterly payout Market Screener. The repeated dividend underscores management confidence in sustained profitability and cash flow. The payout demonstrates IWS's ability to return capital while funding growth.
Offshore Wind Poised for Double-Digit Growth Ahead
The broader offshore wind sector is expected to see double-digit growth in coming years Quartr. IWS targets high revenue expansion in 2026 and aims to more than double revenues by 2030 compared to 2025 levels. The company is positioned to capture market share as renewable energy demand accelerates globally.
Profit Growth Outpaces Revenue Gains
Net profit surged 98% from Q1 to Q2, far exceeding the 6% sequential revenue increase Market Screener. This margin expansion reflects improved operational efficiency and higher-margin work in the fleet business. The 79% year-over-year profit jump shows IWS's ability to convert revenue growth into bottom-line earnings.
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