Wärtsilä Results Q2 2026: Revenue, Profit and Margins

Latest report: Wärtsilä half-year report Jan–Jun 2026, published July 21, 2026

In Q2 2026, Wärtsilä’s revenue was €1,559.0 million, down 2.2% from Q2 2025. Operating profit was €209.0 million, an operating margin of 13.4% (Q2 2025: 11.5%). Net income for the period was €147.0 million and earnings per share €0.25.

Wärtsilä: Where the revenue went, Q2 '26, EUR million. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: Where the revenue went · Q2 '26, EUR million
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Key figures for Q2 2026

Wärtsilä key figures, Q2 2026 vs Q2 2025
Q2 2026Q2 2025Change
Revenue, €M1,559.01,594.0−2.2%
Operating profit, €M209.0183.0+14.2%
Operating margin13.4%11.5%+1.9 pp
Adjusted operating profit, €M218.0203.0+7.4%
Net income, €M147.0138.0+6.5%
Net margin9.4%8.7%+0.8 pp
Earnings per share€0.25€0.23+8.7%

Wärtsilä in charts

Wärtsilä: From revenue to net income, Q2 '26, EUR million. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: From revenue to net income · Q2 '26, EUR million
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Wärtsilä: What drove the change in operating profit, Q2 '25 → Q2 '26, EUR million. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: What drove the change in operating profit · Q2 '25 → Q2 '26, EUR million
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Wärtsilä: Revenue by region, Quarterly, EUR million. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: Revenue by region · Quarterly, EUR million
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Wärtsilä: Profitability, Quarterly, % of revenue. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: Profitability · Quarterly, % of revenue
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Wärtsilä: Revenue trend, Quarterly, EUR million. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: Revenue trend · Quarterly, EUR million
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Wärtsilä: Operating profit trend, Quarterly, EUR million. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: Operating profit trend · Quarterly, EUR million
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Wärtsilä: Revenue and earnings, last twelve months, Rolling four-quarter sum, EUR million. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: Revenue and earnings, last twelve months · Rolling four-quarter sum, EUR million
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Wärtsilä: Earnings per share, Quarterly, EUR. Source: Wärtsilä half-year report Jan–Jun 2026.
Wärtsilä: Earnings per share · Quarterly, EUR
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Quarterly results

Wärtsilä quarterly results (€M unless stated)
QuarterRevenueChange y/yOperating profitOperating marginNet incomeEPS
Q2 20261,559.0−2.2%209.013.4%147.0€0.25
Q1 20261,445.0+0.8%190.013.1%147.0€0.25
Q2 20251,594.0—183.011.5%138.0€0.23
Q1 20251,433.0—171.011.9%123.0€0.21

Annual results

Wärtsilä annual results (€M unless stated)
YearRevenueOperating profitOperating marginNet incomeEPS
20256,219.0810.013.0%630.0€1.06
20246,449.0716.011.1%507.0€0.85
20236,015.0402.06.7%269.0€0.44

Revenue by region

Wärtsilä revenue by region, Q2 2026 vs Q2 2025 (€M)
RegionQ2 2026Q2 2025Change
Asia542.0460.0+17.8%
Other128.0140.0−8.6%
Europe408.0534.0−23.6%
Americas480.0460.0+4.3%

Dividends

Wärtsilä dividend per share by financial year
Financial yearDividend per shareEPSPayout ratioStatusSource
2025€1.06€1.06100.0%Board proposalRelease
2024€0.44€0.8551.8%Decided by the AGMRelease

“Board proposal” is the dividend the board proposed in the financial statements release. The annual general meeting usually approves it, but check the company’s AGM release for the final decision. Payout ratio is dividend per share divided by basic earnings per share (payout ratio calculator); N/M means not meaningful (loss).

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About Wärtsilä

Wärtsilä is a Finnish company providing technology and lifecycle services for the marine and energy markets, including engines, propulsion systems and power plants.

Sources
  1. Wärtsilä half-year report Jan–Jun 2026, published Jul 21, 2026
  2. Wärtsilä interim report Jan–Mar 2026, published Apr 28, 2026
  3. Wärtsilä financial statements release 2025, published Feb 4, 2026
  4. Wärtsilä interim report Jan–Sep 2025, published Oct 28, 2025
  5. Wärtsilä half-year report Jan–Jun 2025, published Jul 18, 2025
  6. Wärtsilä interim report Jan–Mar 2025, published Apr 25, 2025
  7. Wärtsilä financial statements release 2024, published Feb 5, 2025
  8. Wärtsilä interim report Jan–Sep 2024, published Oct 29, 2024
  9. Wärtsilä half-year report Jan–Jun 2024, published Jul 19, 2024

About these figures. All figures come from Wärtsilä’s published interim reports and financial statements releases, linked above, and are checked against them before publication. Errors are still possible, so confirm any figure in the original report before relying on it. Amounts are in millions of the reporting currency. Quarters reported only cumulatively (for example the fourth quarter) are derived by subtraction, and when a company restates earlier figures, older quarters on the previous basis are left out of comparisons. Margins and changes are calculated by Finpendium. This page is for information only and is not investment advice or a recommendation to buy or sell any security. See how the figures are checked and our Disclaimer. Spotted an error? Let us know.