- Order bookings · Q3 202665,825 SEKm SEK 20,861m in Q3 2025
- Sales · Q3 202620,553 SEKm +30.6% organic; SEK 15,871m in Q3 2025
- Operating income (EBIT) · Q3 20261,945 SEKm 9.5% margin; Q3 2025: SEK 1,374m
- Earnings per share after dilution · Q3 20262.57 SEK SEK 1.77 in Q3 2025
- Operational cash flow · Q3 20266,785 SEKm SEK 142m in Q3 2025
- Net liquidity · 30 September 20268,679 SEKm SEK 3,989m at year-end 2025
- Order bookings, Q365,825 SEKm+215.5% vs a year earlier
- Order backlog, 30 September364,223 SEKm+79.9% vs a year earlier
- Book-to-bill3.20
Source: Saab interim report Q3 2026, 23 October 2026, Q3 2026.
Q3 2026 order bookings by order size
- Large orders (over SEK 1,000m)52,120 SEKm79%
- Medium-sized orders (SEK 100-1,000m)7,949 SEKm12%
- Small orders (under SEK 100m)5,756 SEKm9%
Total: 65,825 SEKm
Source: Saab interim report Q3 2026, 23 October 2026, Q3 2026.
Large orders, which Saab classifies as above SEK 1,000m, rose 526% and drove the growth, the company said, while small orders rose 84% and medium-sized orders fell 16%. The key orders were a SEK 24.6bn contract for 16 Gripen E fighter aircraft for Ukraine, signed with the Swedish Defence Materiel Administration (FMV), a SEK 10.1bn contract for two GlobalEye aircraft for an undisclosed customer, and an order of about SEK 8.7bn to equip four of the German Navy's new MEKO A-200 DEU class frigates.
| Business area | Order bookings (SEKm) | Sales (SEKm) | EBIT (SEKm) | EBIT, Q3 2025 (SEKm) |
|---|---|---|---|---|
| Aeronautics | 28,831 | 4,844 | 331 | 212 |
| Dynamics | 7,642 | 3,768 | 537 | 658 |
| Surveillance | 19,688 | 6,842 | 939 | 446 |
| Naval | 8,858 | 4,511 | 275 | 240 |
| Combitech | 1,291 | 1,071 | 117 | 85 |
Source: Saab interim report Q3 2026, 23 October 2026, Q3 2026. Group totals also include Corporate and elimination lines, so the business areas do not add up to them.
Sales rose 29.5% in Q3 2026, or 30.6% organically, which Saab attributed to project execution and increased deliveries, citing Surveillance and Naval in particular. Surveillance's EBIT rose to SEK 939m from SEK 446m on sales of SEK 6,842m, and Naval's sales were SEK 4,511m. The EBIT margin widened to 9.5% from 8.7%; Saab said the EBIT growth came from Surveillance and Aeronautics. Dynamics' EBIT fell to SEK 537m from SEK 658m, which the company said reflected higher R&D expenses and the mix in product deliveries. Net income rose to SEK 1,432m from SEK 975m.
“We delivered a quarter marked by high organic sales growth, significantly increased cash flow and strong order bookings. The growing customer demand is reflected in major contract awards, including Gripen for Ukraine, GlobalEye and an order related to Germany's new frigates.”
Operational cash flow rose to SEK 6,785m in Q3 2026 from SEK 142m a year earlier. Naval generated SEK 5,981m of it, which Saab said was driven by customer advances for the submarine programme for Poland. Net liquidity was SEK 8,679m at 30 September 2026, against SEK 3,989m at the end of 2025. Saab also reported changes to its Group Management team effective 1 October 2026: Deputy CEO Anders Carp was appointed head of Dynamics and Marcus Wandt head of Aeronautics.
- Saab, Saab Q3 results 2026: Positioned to capture growing demand (press release via PR Newswire/Cision), 23 Oct 2026, 07:53 CEST
- Saab, Interim report Q3 2026 (PDF), 23 Oct 2026, 07:30 CEST