LION E-Mobility Reports Q1 2026 Results, Confirms Fiscal Year Outlook Amid Strategic Transition

LION E-Mobility AG (LION; ISIN: CH0560888270), a manufacturer of battery packs for electric mobility and energy storage solutions, reported its first quarter 2026 results on May 12. The company generated revenue of EUR 3.3 million in Q1 2026, down from EUR 6.5 million in the same period last year, reflecting the planned transition to battery packs featuring new high-performance NMC+ cells. Despite the lower revenue, EBITDA remained positive at EUR 0.3 million (Q1 2025: EUR 1.5 million), yielding an EBITDA margin of 10.1%. Operating cash flow improved to EUR 3.0 million from EUR 1.0 million in the prior year, attributed to cost discipline and better payment terms from suppliers.

The Q1 results align with LION's strategic pivot as it converts production lines to accommodate the new NMC+ battery cells, which are expected to be available for sale starting in the third quarter of 2026. CEO Dr. Joachim Damasky 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."

LION's Battery Energy Storage Systems (BESS) segment is gaining momentum. The company sold its first BESS project in the fourth quarter of 2025—a 5 MW / 20 MWh installation expected to become operational in summer 2026. This project marks a milestone in LION's expansion into large-scale energy storage. The pipeline of BESS quotations now exceeds 7.5 GWh, spanning more than ten customers, including a second German project for 5 MW / 10 MWh in final negotiations for delivery in 2026. To support this growth, LION has added three new sales hires dedicated to the BESS segment, while strategic partner LEAPENERGY is increasing its activities in the German market. The company's competitive positioning is strengthened by tailored payment terms and a robust guarantee framework.

Additionally, the defense sector offers growth potential, with LION working on several defense-related inquiries, such as a collaboration with Mandrill Engineering where LION Smart's battery technology powers an advanced unmanned ground vehicle.

LION confirms its fiscal 2026 outlook, expecting revenue above EUR 35 million and strongly positive EBITDA. However, the second quarter will see a temporary impact as the factory undergoes a planned two-month shutdown for conversion works, with production resuming at the end of June. As of May, assembly lines are being updated for the new NMC+ cells. Second quarter sales are expected to be higher than Q1, drawing from already-sold inventories, but the majority of 2026 revenue is anticipated in the second half of the year.

For more information, visit www.lionemobility.com.