Steyr Motors Reports 11.2% Revenue Increase in Q3 2026

Steyr Motors AG announced a 11.2% increase in revenue for Q3 2026, reaching EUR 12.5 million, surpassing internal forecasts. The gross profit margin improved to 46.6% from 43.5% last year. Adjusted EBIT rose to EUR 1.4 million, reflecting an EBIT margin increase to 11.4% from 8.1% in 2025. Management confirmed full-year guidance, anticipating a strong final quarter.

The company highlighted developments in unmanned surface vehicles and power generator projects with Avilus. An order backlog exceeding EUR 300 million extends through 2030. The subsidiary, SMOT Acquisition GmbH, plans a public cash offer at EUR 39.00 per share, supported by a Business Combination Agreement ensuring site and employee commitments.

The board projects year-end revenue growth between 15% and 25%, with sustained long-term growth attributed to rising defense expenditures and demand for specialized marine propulsion systems.