Aker Solutions ASA: Second-quarter and half-year results 2026

July 14, 2026 - Aker Solutions delivered solid financial performance in the second quarter and the first half of 2026. Several key project milestones were met during the quarter. Aker Solutions now expects 2026 revenue to be between NOK 50 and 55 billion with EBITDA margins of around 7.5 percent excluding net profit from SLB OneSubsea.

2Q 2026 Financial highlights (excluding special items)

· Revenue NOK 13.1 billion · EBITDA NOK 1.2 billion · EBITDA margin 9.2 percent · EBITDA margin excl. net profit from SLB OneSubsea 7.9 percent · Earnings per share NOK 1.37 · Order intake NOK 9.9 billion (0.8x book-to-bill) · Order backlog NOK 77.2 billion

1H 2026 Financial highlights (excluding special items)

· Revenue NOK 26.5 billion · EBITDA NOK 2.4 billion · EBITDA margin 8.9 percent · EBITDA margin excl. net profit from SLB OneSubsea 7.8 percent · Earnings per share NOK 2.67 · Order intake NOK 38.7 billion (1.5x book-to-bill)

"We continue to meet milestones across a broad range of projects, and we are gearing up for major deliveries to Aker BP. With another quarter of solid financial performance, this is a period our organization can be proud of," said Kjetel Digre, Chief Executive Officer at Aker Solutions.

"I am also encouraged by the range of improvement initiatives we are implementing together with our customers. These efforts increase value for our customers while strengthening our competitiveness and creating more opportunities for Aker Solutions," said Digre.

Key developments

Revenue in the second quarter was NOK 13.1 billion. EBITDA excluding special items was NOK 1.2 billion, representing an underlying EBITDA margin of 9.2 percent, or 7.9 percent, excluding net profit from SLB OneSubsea.

Operationally, Aker Solutions reached several important milestones across its project portfolio, including load-out of the Hugin B topside for Aker BP and construction start for the second-generation CCS projects in Norway.

Order intake for the quarter was NOK 9.9 billion. This was mainly driven by the award for an HVDC substructure, supply of all electromechanical equipment to the Tussa II hydropower plant, and a long-term frame agreement with Cenovus Energy in Canada. The secured backlog at the end of the quarter stood at NOK 77.2 billion.

Aker Solutions' financial position remains robust with a net cash position of NOK 4.3 billion, including investments in liquid funds. During the quarter, Aker Solutions distributed NOK 4.2 billion in ordinary and extraordinary cash dividends to its shareholders.

Outlook and guidance

Based on the secured backlog and market activity, full-year revenue in 2026 is now expected to be between NOK 50 and 55 billion. The underlying EBITDA margin, excluding net profit from SLB OneSubsea, is expected to be around 7.5 percent for the full year 2026.

SLB OneSubsea is an important contributor to value creation in Aker Solutions, which holds a 20 percent ownership. Aker Solutions expects distributions from SLB OneSubsea to increase in the second half of 2026, supporting full-year distribution broadly in line with 2025 levels.

Webcast presentation

The second-quarter and half-year results will be presented by webcast today, July 14, at 09:00 CEST. To attend the presentation, go to www.akersolutions.com/webcast.

A Q&A session will follow the presentation. Written questions can be submitted live through the online solution or sent in advance to preben.orbeck@akersolutions.com, Head of Investor Relations.

An opportunity for individual press interviews will follow the webcast. Please direct your interest to hallvard.norum@akersolutions.com from Communications.

The reports published today, and previous reports, are also available on our website at https://www.akersolutions.com/investors/quarterly-results/

ENDS

Preben Ørbeck investor relations preben.orbeck@akersolutions.com +47 470 10 611

Hallvard Norum media contact hallvard.norum@akersolutions.com +47 913 80 820

Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 11,700 people in 13 countries.

Visit akersolutions.com and connect with us on Facebook (https://www.facebook.com/AkerSolutions/), Instagram (https://instagram.com/akersolutions/), LinkedIn (https://www.linkedin.com/company/aker-solutions) and YouTube (https://www.youtube.com/akersolutions).

This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com

This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

This stock exchange release was published by Hallvard Norum, VP Media & Channels, Communications, Aker Solutions, on July 14, 2026 at 07:00 CEST.

More information: Access the news on Oslo Bors NewsWeb site

678126_Half_year_results_2026.pdf 678126_2Q_2026_Presentation.pdf