NOD: First quarter results 2026
(Oslo, Norway – April 28, 2026) Nordic Semiconductor ASA reports revenue of USD 192 million for the first quarter 2026, an increase of 24% from the first quarter 2025. Gross margin improved to 52% from 50% in the same quarter last year. Reported EBITDA was USD 21 million and adjusted EBITDA USD 24 million, compared to USD 15 million on both a reported and adjusted basis in the first quarter last year.
The revenue growth reflects higher demand across both Short-range and Long-range wireless technologies, across both Consumer and Industrial & Healthcare markets, and among both large, key customers and the broad market. On a rolling 12 months basis, revenue increased by 19% year-on-year to USD 705 million.
-We deliver solid revenue growth and improving financial results, as well as very strong operational execution as we continue our important product renewal program. We are expanding our addressable market with several new short-range and long-range products, we are at the forefront of edge AI with innovative hardware and software, and we are growing the lifecycle value of our portfolio with new cloud solutions, says Vegard Wollan, CEO of Nordic Semiconductor.
Based on current customer orders and forecasts, Nordic expects revenue for the second quarter 2026 of USD 200-220 million. The gross margin is expected above 50% also in the second quarter.
The revenue and margin developments continue to support Nordic's long-term financial ambitions presented in 2024; to deliver average annual revenue growth above 20% from 2024 through the end of the decade, maintain a gross margin above 50%, and move towards the target operating model profitability level of 25% EBITDA margin.
Practical information:
CEO Vegard Wollan and CFO Pål Elstad will host a webcast to present the first quarter 2026 results today at 08:00 CEST. The presentation will be held in English and can be followed live via webcast on the IR pages at www.nordicsemi.com, with a recorded version being made available after conclusion of the presentation.
The virtual audience will be given the opportunity to ask questions through a Q&A dial-in function.
Conference code : 286203
NO: +47 2195 6342 DK: +45 7876 8490 SE: +46 8 1241 0952 FR: +33 1 8122 12 59 UK: +44 203 769 6819 US: +1 646 787 0157 DE: +49 30 2178 9327
For further information, please contact:
Pål Elstad, CFO / EVP Finance - Nordic Semiconductor ASA Phone: +47 991 66 293 Ståle “Steel” Ytterdal, SVP IR - Nordic Semiconductor ASA Phone: +47 930 37 430
About Nordic Semiconductor: Nordic Semiconductor has been a pioneer in ultra-low power wireless solutions, from proprietary technologies for PC accessories to today’s Bluetooth low energy and multiprotocol products and long-range cellular IoT solutions. Nordic Semiconductor is the clear market leader in the ultra-low power wireless segment, serving a growing market in consumer electronics, wearables, building and retail, healthcare and an increasing number of other verticals and applications. Nordic Semiconductor (NOD) is a public company listed on the Oslo stock exchange in Norway. For more information, go to www.nordicsemi.com
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange announcement was published by Kine-Elena Reigstad, VP International Finance, Nordic Semiconductor ASA, on April 28, 2026, at 07:00 CEST.