Executive summary
Net sales increased by 116 percent year-on-year
Freemelt delivered strong sales growth in the first quarter, with net sales increasing by 116 percent compared with the corresponding period last year. The increase was primarily driven by the execution of previously won orders and continued advancement in strategically important customer projects.
One machine order and three project orders during the quarter
Customer activity remained high throughout the quarter. Freemelt received one machine order and three project orders and ended the period with an order book of SEK 12 million and seven active customer projects across its key application areas. This provides a strong base for continued commercial progress and future order conversion.
Position in fusion further strengthened
Freemelt continued to strengthen its position in fusion energy through deeper collaborations and new project engagements in an application area with substantial long-term potential. The memorandum of understanding with Novatron Fusion Group and the project order from the UK Atomic Energy Authority are important milestones in the development from research-driven engagement toward future industrial application.
Positive start to the second quarter
Following the end of the quarter, Freemelt secured a follow-on order from a leading Swedish defense company covering proof-of-concept, continued development, and prototype manufacturing of components for defense applications. In addition, Freemelt received an order for its research machine Freemelt ONE from Sirris, Belgium's leading independent R&D center for the technology industry.
Key figures Q1 2026
| KSEK | Jan-Mar 2026 | Jan-Mar 2025 | Full year 2025 |
| Orderbook | 12,801 | 33,085 | 15,104 |
| Order intake | 3,848 | 22,073 | 60,068 |
| Net sales | 6,330 | 2,926 | 54,549 |
| Net sales % (YoY) | +116% | +259% | +172% |
| Operating result | -26,476 | -24,084 | -91,978 |
| Operating result % (YoY) | -10% | -3% | -1% |
| Result after financial items | -26,506 | -24,056 | -91,190 |
| Balance sheet total | 183,425 | 238,027 | 206,225 |
| Equity ration | 89% | 90% | 92% |
| Cash flow for the period | -4,794 | 55,355 | 15,543 |
The full report is available as an attached PDF and at Freemelt's website: https://freemelt.com/investors/financial-reports/
Freemelt will host a live webcast and Q&A on November 4 at 11:30 am CET. The webcast can be accessed via this link: https://www.finwire.tv/webcast/freemelt/q1-2026/
You can send your questions in advance through the link. The recording will be available afterward.
Contacts
Daniel Gidlund, CEO
daniel.gidlund@freemelt.com
070-246 45 01
Certified Advisor
Eminova Fondkomission AB
adviser@eminova.se
About Us
Freemelt develops advanced 3D printers for metal components and aims to become the leading supplier in additive manufacturing (AM) using E-PBF technology, targeting SEK 1 billion in revenue by 2030. The solutions primarily support companies in the defense, energy, and medical technology sectors in Europe, U.S. and Asia, enabling them to drive innovation and improve production efficiency.
Founded in 2017, Freemelt has expanded its product portfolio to include three printer models, with two designed for industrial production and one (Freemelt ONE) targeting research institutes and universities. The modular industrial printers (eMELT) leverage E-PBF technology, delivering significantly higher efficiency compared to other machines on the market while maintaining flexibility in metal selection.
Freemelt generates revenue primarily through the sale of advanced 3D printers at fixed prices, complemented by support and maintenance services, which are expected to account for 25% of total revenue by 2030.
The company is now focused on further industrializing its product and service portfolio and driving commercialization in the European, North American, and Asian markets. Read more at www.freemelt.com
This information is information that Freemelt Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-05-05 08:00 CEST.
