Event information
Nordic Semiconductor will release its Q1 2026 earnings report on Tuesday 28 April 2026 and enters its regular quiet period on 27 March 2026.
Ahead of the quiet period the company limits its communication about the quarter to pre-close comments such as this document, which are being published on the company’s IR website. These comments do not contain inside information.
Nordic Semiconductor would like to remind analysts and investors about certain publicly known factors from our previous financial reports and earnings calls which might be relevant to consider ahead of the Q1 report:
In the financial report for the fourth quarter 2025, the company issued a revenue guidance range of USD 175 - 195 million for Q1 2026, with a gross margin above 50%. Nordic Semiconductor also reiterated its long-term ambition to maintain a gross margin level above 50%.
Nordic Semiconductor reported revenue of USD 170 million in the fourth quarter 2025, representing a year-on year growth of 13% and a decrease of 5% from the previous quarter. The continued year-on-year revenue growth reflected that Nordic has retained a strong competitive position in a recovering Short-range market, built a gradually stronger position in cellular and satellite in Long-range, and added Cloud services revenue with the strategic acquisition of Memfault.
Gross margin was 55% in the fourth quarter 2025 and 52% adjusted for the reversal of an inventory write-down of long-range products.
Nordic continued to expand the nRF54 Series in Q4 with the introduction of nRF54LV10A, extending the nRF54L Series with an ultra-compact, low-voltage Bluetooth LE SoC designed for the smallest and most power-constrained devices.
At CES 2026 in Las Vegas in January 2026, Nordic announced a complete ultra-low-power edge AI solution - including industry-leading hardware, software (models), and tools - bringing on-device intelligence to billions of small, battery-powered devices. The nRF54LM20B SoC provides the hardware foundation with an integrated NPU (neural processing unit).
The revenue and margin developments through 2025 supported the long-term financial ambitions presented in 2024; to deliver average annual revenue growth above 20% for the Group through the decade and to move towards the target operating model profitability level of ~25% EBITDA margin within five years.