SCHMID Group N.V. Provides Third Quarter 2026 Business Update and Increases Order Intake Guidance

Equipment backlog reached €96.8 million, up from €54.8 million at the end of June.

Rhea-AI Summary

SCHMID Group (NASDAQ: SHMD) raised its full-year 2026 order intake guidance to more than €150 million following its third-quarter business update. The previous range was €125 million to €150 million. Third-quarter orders reached €67.8 million, versus €30.7 million in the second quarter, while preliminary revenue was €24.0 million.

Nine-month orders totaled €111.7 million and revenue €70.0 million. Equipment backlog rose to €96.8 million at September 30 from €54.8 million at June 30. A customer equipment agreement exceeds €25 million, with orders recorded across the third and fourth quarters. Management maintained 2026 guidance for revenue above €100 million and an adjusted earnings margin before interest, taxes, depreciation and amortization of 6 to 9%. Financial information is preliminary and unaudited.

6 points · 2 major

PositiveiHow this balance works

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0 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

• Major point. Forward-looking: it has not happened yet and may not happen.Full-year 2026 order intake guidance raised to more than €150 million from €125 million–€150 million.
• Major point. Forward-looking: it has not happened yet and may not happen.Customer equipment agreement exceeds €25 million; more than €7 million entered third-quarter orders, the remainder fourth-quarter orders.
• Moderate pointThird-quarter order intake more than doubled to €67.8 million versus €30.7 million in second-quarter 2026.
• Moderate pointEquipment backlog increased to €96.8 million at September 30, 2026 from €54.8 million at June 30.
• Minor point. Forward-looking: it has not happened yet and may not happen.Management maintained 2026 guidance for revenue above €100 million and an Adjusted EBITDA margin of 6 to 9%.
• Minor pointSprint I savings are progressing as planned; the company reports initial results from Sprint II material-cost savings.

Negative

• Minor pointThird-quarter and nine-month financial information and full-year guidance remain preliminary and unaudited.

News Explained

SCHMID’s raised 2026 order-intake target is above €150 million, but reported order intake and backlog figures cover equipment orders only, excluding services and spare parts; they therefore describe equipment activity, not orders across those categories.

Argus 15 min delay 19 alerts

+11.12% vs previous close $3.39 last price 530.7x rel. volume Open Argus

Details

Market move: SHMD +11.12% vs previous close. 2026 order intake guidance update

+7.1% Peak in 18 min

$3.22 – $3.64 Day Range

$225.85M Mkt Cap at Last Price

On Oct 21, the day this news came out, the latest delayed price for SHMD is 11.12% above the previous close. Argus tracked a peak move of +7.1% during the session. Our momentum scanner has recorded 19 alerts for this stock so far that day. The latest delayed price is $3.39. Relative volume is exceptionally heavy at 530.7x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Q3 order intake: €67.8 million Q3 preliminary revenues: €24.0 million Nine-month order intake: €111.7 million +5 more

Q3 order intake

€67.8 million

Third quarter of 2026

Q3 preliminary revenues

€24.0 million

Third quarter of 2026; unaudited

Nine-month order intake

€111.7 million

First nine months of 2026

Order backlog

€96.8 million

As of September 30, 2026; compared with €54.8 million as of June 30, 2026

Customer equipment order

More than €25 million

Order for HDI manufacturing capacity in Malaysia; more than €7 million was included in Q3 intake

2026 revenue guidance

More than €100 million

Full-year 2026; confirmed

Adjusted EBITDA margin guidance

6 to 9%

Full-year 2026; confirmed

2026 order-intake guidance

More than €150 million

Raised from a range of €125 million to €150 million

Historical Context

3 past events · Latest: Jul 07

3 events

1. Jul 07

   Repeat equipment order

   24h Move

   +5.7%

   Repeat order exceeding €37 million was included in third-quarter order intake.

2. Jul 14

   Order guidance update

   24h Move

   -4.0%

   2026 order-intake guidance rose to €125–150 million from approximately €114 million.

3. Aug 25

   H1 financial results

   24h Move

   -29.5%

   Adjusted EBITDA margin guidance was reduced to 6–9% from more than 12%.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

high-density interconnect, adjusted ebitda, ifrs, non-ifrs

4 terms

high-density interconnect technical

"advanced High-Density Interconnect (HDI) manufacturing capacity in Malaysia"

A high-density interconnect (HDI) is a type of printed circuit board built with much finer wiring and more closely packed connection layers than standard boards, allowing more components to fit into a smaller space. Think of it like replacing a spread-out suburban street map with a compact multi-level city grid to fit more buildings in the same area. For investors, HDI matters because it enables smaller, faster, and more feature-rich electronic products, can command higher prices and specialized manufacturing capacity, and may influence supply-chain complexity and profit margins.

adjusted ebitda financial

"an Adjusted EBITDA margin of 6 to 9%"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

ifrs financial

"These metrics are not measures defined under International Financial Reporting Standards"

International Financial Reporting Standards (IFRS) are a set of common accounting rules used by many companies worldwide to prepare financial statements, so numbers like revenue, profit and assets are measured in the same way across borders. For investors, IFRS matters because it makes it easier to compare the financial health and performance of different companies—like using the same ruler to measure different objects—reducing surprises and helping informed investment decisions.

non-ifrs financial

"Preliminary information and non-IFRS measures"

Non-IFRS refers to financial measures that companies report outside the standard accounting rules set by the International Financial Reporting Standards; these figures exclude or adjust certain items such as one-time costs, stock-based pay, or restructuring charges. Investors care because non-IFRS numbers try to show the business’s underlying performance — like a chef presenting a dish with optional toppings removed to highlight the core flavor — but they can be shaped to look more favorable, so compare them with the official IFRS statements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FREUDENSTADT, Germany, Oct. 21, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the “Company” or “SCHMID”), a global leader in providing solutions for the electronics industry, today provided the following operational update following the completion of the third quarter of 2026.

Operational Update for the third quarter ended September 30, 2026

In the third quarter of 2026, the Company recorded order intake of €67.8 million and reported preliminary revenues of €24.0 million. Order intake in the third quarter more than doubled compared with the second quarter of 2026 (€30.7 million) and includes the repeat order exceeding €37 million announced on July 7, 2026. Cumulative order intake for the first nine months of 2026 amounts to €111.7 million, and revenues for the first nine months amount to €70.0 million.

The order backlog stood at €96.8 million as of September 30, 2026, compared with €54.8 million as of June 30, 2026. Order intake and order backlog figures relate exclusively to orders for equipment and do not include orders associated with services or spare parts.

Order momentum continuing into the fourth quarter

In a separate press release issued today, SCHMID announced that it has reached an agreement with one of its key customers and long-standing technology partner on an equipment order of more than €25 million to support the expansion of advanced High-Density Interconnect (HDI) manufacturing capacity in Malaysia. Of this order, more than €7 million was already included in order intake for the third quarter of 2026 with the remainder recorded as order intake in the fourth quarter of 2026.

Full-year 2026 guidance for order intake increased

For the full-year 2026, management confirms its guidance of revenues of more than €100 million and an Adjusted EBITDA margin of 6 to 9% (based on Adjusted EBITDA as defined in the Company’s press release dated August 25, 2026). Management increases its order intake guidance of from a range of €125 to €150 million to more than €150 million. The savings from our ‘Sprint’ I efficiency program progress as planned and “Sprint II” material cost savings program is showing first results.

Preliminary information and non-IFRS measures

The financial information presented in this press release for the third quarter of 2026, the first nine months of 2026 and the guidance for the full-year 2026 is preliminary and unaudited. Actual results may differ from the preliminary estimates presented herein. Order intake and order backlog are operational metrics used by management to evaluate the Company’s business activity and visibility of future revenue. These metrics are not measures defined under International Financial Reporting Standards (“IFRS”) and may not be comparable to similarly titled measures used by other companies.

Adjusted EBITDA is a non-IFRS financial measure. The Company defines Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, adjusted to exclude certain non-recurring or non-operational items. Because Adjusted EBITDA excludes items that may be included in the most directly comparable IFRS measure, investors should not consider Adjusted EBITDA in isolation or as a substitute for measures prepared in accordance with IFRS. The Company is unable to provide a reconciliation of forward-looking Adjusted EBITDA guidance to the most directly comparable IFRS financial measure without unreasonable effort because certain items that impact such measures are uncertain, out of the Company’s control and cannot be reasonably predicted.

Forward-looking Statements

This press release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company’s preliminary third quarter and first nine months of 2026 results, financial outlook for fiscal year 2026, expected order intake and revenue growth, anticipated demand trends, and other statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the SEC on May 15, 2026, which is available on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.

About the SCHMID Group

The SCHMID Group is a global leader in providing advanced equipment and process solutions for the high-tech industry, with a strong focus on electronics and semiconductor-related applications. Headquartered in Freudenstadt, Germany, and founded in 1864, SCHMID employs more than 800 people worldwide and operates technology centers and manufacturing facilities in Germany and China, as well as sales and service locations globally.

SCHMID develops customized systems and process solutions for the production of substrates, printed circuit boards and other electronic components. Its portfolio addresses a range of high-growth applications, including advanced packaging, semiconductor-related technologies, AI-driven electronics, printed circuit boards, substrates and glass-based technologies.

SCHMID’s solutions enable customers to achieve high technology levels, high yields, low production costs, maximum efficiency, quality, and sustainability in advanced manufacturing processes.

For more information about the SCHMID Group, please visit www.schmid-group.com or contact investor-relations@schmid-group.com.

Contact
Press@schmid-group.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is SCHMID Group's updated 2026 order intake guidance?

SCHMID Group raised its full-year 2026 order intake guidance to more than €150 million, from a previous range of €125 million to €150 million. Management maintained revenue guidance of more than €100 million and an Adjusted EBITDA margin of 6 to 9%.

What orders are included in SCHMID Group's order intake and backlog figures?

SCHMID Group's order intake and backlog cover equipment orders only, excluding services and spare parts. These operational metrics are not defined under IFRS and may not be comparable with similarly titled measures used by other companies.

What repeat order contributed to SCHMID Group's third-quarter 2026 order intake?

Third-quarter 2026 order intake included a repeat order exceeding €37 million announced on July 7, 2026. Total order intake for the quarter was €67.8 million.