Soiltech ASA, a Norwegian waste management technology company, presented its second-quarter 2026 results on August 20, 2026, highlighting record revenue of NOK 132 million and a 27% EBITDA margin. The company's stock trades at $88.6, near the upper end of its 52-week range, following a 43% gain over the past year.
Financial Performance
Soiltech's second-quarter results demonstrated strong momentum across multiple metrics, with revenue reaching NOK 132 million, representing 17% growth compared to the same period in 2025 and a 32% increase from the first quarter of 2026. The company's EBITDA margin improved to 27% from 24% in the prior-year period, while profit before tax reached NOK 18 million, translating to a 13% margin compared to 11% a year earlier.
Business Segments
The company's financial performance showed balanced growth across its two primary business segments. Fluid treatment generated NOK 119 million in revenue during the first half of 2026, representing 51% of total revenue and an 11% increase year-over-year. Solid waste management contributed NOK 113 million, accounting for 49% of revenue and showing stronger 25% growth compared to the prior year.
Growth Momentum
Historical trends reveal impressive growth momentum, with revenue expanding from NOK 137 million in 2021 to NOK 435 million on a last-twelve-months basis through Q2 2026—a compound annual growth rate of 32%. Adjusted EBITDA grew even faster during this period, rising from NOK 26 million to NOK 112 million, representing a 34% CAGR.
