Mips develops and licenses brain-protection technology for helmets, based on a low-friction layer that allows the head to move relative to the helmet in angled impacts. The system is integrated into helmets for cycling, snow sports, equestrian use, industrial safety and more. Brands and manufacturers license the Mips solution rather than Mips making end consumer products itself. Its position rests on safety science, patent protection and broad OEM partnerships.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 144 | — | 53 | 233.4% |
| Q1 2025 | 116 | — | 19 | 63% |
| Q2 2025 | 135 | — | 32 | -21.1% |
| Q4 2025 | 147 | 2.1% | 35 | -34% |
| Q1 2026 | 151 | 30.2% | 29 | 52.6% |
| Q2 2026 | 232 | 71.8% | 68 | 112.5% |
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Other companies on Stockholm: Meren Energy Inc. (MER), Instalco AB (publ) (INSTAL), Swedish Logistic Property AB (SLP B), Lindab International AB (publ) (LIAB), Scandi Standard AB (publ) (SCST), Sdiptech AB (publ) (SDIP B)