PowerCell Sweden develops and manufactures hydrogen fuel-cell stacks and systems for electrified power in heavy transport, marine, aviation, and stationary applications. The core product is a compact, high-power proton-exchange-membrane stack that converts hydrogen into electricity with water as the main by-product. The company sells technology and systems to industrial partners and OEMs building zero-emission powertrains rather than mass-market consumer products.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 74.1 | — | -15.7 | — |
| Q2 2025 | 130 | — | 22.4 | — |
| Q4 2025 | 95.1 | — | -21 | — |
| Q1 2026 | 47 | -36.6% | -39.8 | — |
| Q2 2026 | 37 | -71.5% | -51.2 | -328.4% |
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Other companies on Stockholm: Arctic Paper S.A. (ARP), Acconeer AB (publ) (ACCON), Nanexa AB (publ) (NANEXA), C-Rad AB (publ) (CRAD B), Softronic AB (publ) (SOF B), Fortinova Fastigheter AB (Publ) (FNOVA B)