Nel ASA reported earnings results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported sales was NOK 330.48 million compared to NOK 415.56 million a year ago. Revenue was NOK 360.8 million compared to NOK 450.48 million a year ago. Net loss was NOK 870.35 million compared to NOK 63.82 million a year ago. Basic loss per share from continuing operations was NOK 0.47 compared to NOK 0.04 a year ago. Diluted loss per share from continuing operations was NOK 0.47 compared to NOK 0.04 a year ago.
For the full year, sales was NOK 963.11 million compared to NOK 1,389.91 million a year ago. Revenue was NOK 1,100.19 million compared to NOK 1,494.93 million a year ago. Net loss was NOK 1,265.12 million compared to NOK 244.34 million a year ago. Basic loss per share from continuing operations was NOK 0.7 compared to NOK 0.15 a year ago. Diluted loss per share from continuing operations was NOK 0.7 compared to NOK 0.15 a year ago. Basic loss per share was NOK 0.7 compared to NOK 0.15 a year ago. Diluted loss per share was NOK 0.7 compared to NOK 0.15 a year ago.