Gabler Group AG, a developer and manufacturer of mission-critical subsea technologies, has published its results for the first nine months of fiscal year 2026 and raised its revenue guidance for the full year, refined its earnings guidance, and increased its medium-term revenue target. The announcement, detailed in a release available on www.newmediawire.com, underscores the company’s growth trajectory and its confidence in future performance.
For the first nine months of 2026, Gabler Group generated consolidated revenue of EUR 49.8 million and adjusted EBIT of EUR 15.6 million, corresponding to an adjusted EBIT margin of 29.3%. The third quarter was particularly strong, with revenue of EUR 22.5 million and adjusted EBIT of EUR 8.9 million. Order intake totaled EUR 65.3 million in the period, and the total order backlog rose to EUR 393.2 million as of 30 September 2026, up from EUR 390.4 million at the end of June and EUR 358.7 million at the end of 2025. This backlog represents more than five times the revenue expected for fiscal year 2026, with around 77% expected to be converted into revenue over the next three to five years.
Based on this performance, Gabler Group is raising its revenue guidance for fiscal year 2026 to over EUR 71 million (previously: between EUR 69 million and EUR 71 million) and refining its earnings guidance to adjusted EBIT of over EUR 18 million (previously: between EUR 17 million and EUR 19 million). The company also increased its medium-term revenue target for a period of three to five years from over EUR 100 million to over EUR 120 million. These upgrades reflect the company’s strong operational execution and strategic initiatives.
CEO David Schirm commented, “The strong third quarter confirms that we are consistently implementing the growth strategy we outlined at the time of our initial public offering. Our strong order backlog provides excellent visibility for the coming years, while we are simultaneously making targeted investments in capacity, technology, and our international market presence.”
In parallel, Gabler Group is advancing its growth strategy through international expansion and portfolio extension. On 16 October 2026, the company acquired 75% of the shares in DECK Marine Systems OÜ, based in Tallinn, Estonia. DECK develops and manufactures systems for the deployment, recovery, and positioning of sensors and unmanned underwater vehicles and has been included in the consolidated financial statements since the completion of the transaction. Additionally, Gabler Group USA Corporation was established as the company’s own entity for its market entry in the United States. These moves are expected to unlock additional organic growth.
CSO Ole Johannsen highlighted four strategic initiatives: torpedo tube launchable unmanned surface vehicles (TTL USV), Diver Homing technology for navigation and communication of combat divers, the Gabler Integrated Subsea Intelligence (GISI) ecosystem for underwater situational awareness, and the expansion of the company’s presence in the United States.
The company’s shares are identified by ISIN DE000A421RZ9 and ticker XK4. Gabler Group invites investors and analysts to an earnings call with the Executive Board today at 2:00 p.m. CET, during which CEO David Schirm and CSO Ole Johannsen will discuss the Q3 2026 results and provide an update on current business developments. Registration for the earnings call is available via the following link: Earnings Call – Q3 2026.
The raised guidance and medium-term target signal Gabler Group’s confidence in its ability to capitalize on defense and subsea technology demand, with potential implications for investors and the broader defense sector.
