LION E-Mobility AG (LION; ISIN: CH0560888270) has published its Q1 2026 results, reporting revenue of EUR 3.3 million (Q1 2025: EUR 6.5 million) and a positive EBITDA of EUR 0.3 million (Q1 2025: EUR 1.5 million), resulting in an EBITDA margin of 10.1%. Operating cash flow increased to EUR 3.0 million from EUR 1.0 million in the prior year, driven by cost discipline and improved supplier payment terms. The results reflect the company's strategic transition to battery packs featuring new high-performance NMC+ battery cells, which will be available for sale starting Q3 2026.
Dr. Joachim Damasky, CEO of LION E-Mobility AG, stated: "The conversion of our production lines to the new high-performance battery cells is progressing well. This is an important step toward future growth. The demand for the new battery packs is already high and with production set to resume at the end of June, we expect a significant uplift in revenues in the second half of the year." The company's BESS (Battery Energy Storage Systems) business is gaining momentum. LION successfully sold its first BESS project in Q4 2025, a 5 MW / 20 MWh installation scheduled to go into operation in summer 2026. This milestone underscores strong market demand for LION's value proposition combining cost expertise, German engineering excellence, and bankability.
The pipeline of BESS quotations exceeds 7.5 GWh and comprises more than ten customers, including a second project in Germany currently in final negotiations for 5 MW / 10 MWh with delivery scheduled for 2026. To accelerate this momentum, LION has strengthened its sales team with three new hires dedicated to the BESS segment. Strategic partner LEAPENERGY is intensifying activities in the German market. The combination of tailored payment terms and a robust guarantee framework positions LION competitively. Additionally, the defense sector offers growth potential; LION is working on several defense-related inquiries, exemplified by collaboration with Mandrill Engineering, where LION Smart’s high-performance battery technology powers an advanced unmanned ground vehicle.
LION confirms its 2026 outlook, expecting continued growth with revenue above EUR 35 million and strongly positive EBITDA. In Q2 2026, battery pack production will be temporarily affected by a planned two-month factory shutdown for conversion works, with operations resuming at the end of June. As of May, production is shut down while assembly lines are updated for high-performance NMC+ battery cells. Q2 sales are expected to be higher than Q1, coming from remaining inventories already sold. A significant portion of 2026 revenues is expected in the second half of the year. For more details, visit LION E-Mobility AG or view the original release on NewMediaWire.