Cavendish Hydrogen ASA reported Q1 2026 earnings with a 47% revenue increase quarter-over-quarter, reaching EUR 2.8 million.
The company posted an EBITDA loss of EUR 4 million. Market capitalization stands at $31.21 million, with trailing twelve-month revenue of $18.75 million.
Stock price fell 5% to EUR 8.17. Year-to-date return is 19.44%, though down 25.22% over the past year.
CFO Marcus Halland noted: 'Despite strong revenue growth, achieving profitability remains a challenge.'
CEO Robert Borin highlighted hydrogen advantages, noting heavy-duty trucks can travel over 800 km on a single fill.
