OSLO, Norway, Feb. 6, 2026 — Aker Solutions reported robust financial results during a period of record-breaking activity. Its net cash position rose to NOK 3.7 billion, driven by strong cash flow generation and dividends from the company’s 20% stake in SLB OneSubsea. Aker Solutions plans to distribute dividends of NOK 3.60 per share for the 2025 fiscal year.

2025 Full-Year Financial Highlights
(adjusted for special items)

• Revenue: NOK 63.2 billion
• Adjusted EBITDA: NOK 5.3 billion
• EBITDA margin: 8.4%
• Earnings per share: NOK 6.10
• Order intake: NOK 66.4 billion (1.1x book-to-bill ratio)
• Board of Directors to propose a 2025 dividend of NOK 3.60 per share

Q4 2025 Financial Highlights
(adjusted for special items)

• Revenue: NOK 16.7 billion
• Adjusted EBITDA: NOK 1.3 billion
• EBITDA margin:7.9%
• Earnings per share: NOK1.50
• Order intake: NOK19.6 billion (1.2x book-to-bill ratio)
• Order backlog: NOK64.8 billion

“Our quarterly and full-year results confirm that we’ve achieved the ambitious targets set back in 2020, a testament to strong project execution and continuous innovation across our organization,” said Kjetel Digre, Chief Executive Officer of Aker Solutions.

“I’m also encouraged by how we’re positioning the company for markets beyond our current project horizon—strengthening and expanding our offerings to drive long-term value creation,” Digre added.

Key Developments

In Q4 2025, revenue increased to NOK16.7 billion from NOK15.7 billion in the prior-year quarter, marking a 6% year-over-year growth. Adjusted EBITDA stood at NOK1.3 billion with a margin of7.9%.

For the full year, revenue grew to NOK63.2 billion, a 19% year-over-year rise. Adjusted EBITDA for 2025 was NOK5.3 billion, translating to an8.4% margin. The underlying EBITDA margin (excluding net income from SLB OneSubsea) was7.3%, aligning with the company’s guidance.

Quarterly order intake reached NOK19.6 billion, resulting in a 1.2x book-to-bill ratio. Total 2025 order intake hit NOK66.4 billion, and the secured order backlog at year-end was NOK64.8 billion.

The net cash position at year-end was NOK3.7 billion. During Q4, Aker Solutions received NOK402 million in dividends from its 20% stake in SLB OneSubsea. For the full year, total dividends from SLB OneSubsea amounted to NOK841 million.

Outlook

Aker Solutions expects 2026 revenue to range between NOK45 and50 billion. The company is taking steps to align capacity and costs with projected activity levels. Adjusted EBITDA margins (excluding SLB OneSubsea net income) are forecasted to be 7.0–7.5% in2026.

The firm maintains a strong order backlog and high engagement in tenders and early-phase studies. Its Life Cycle division has secured several key long-term framework agreements for maintenance and modification services, providing clear visibility into activity levels over the next5–10 years.

Aker Solutions is also expanding its customer base through engineering and consulting studies, leveraging its 5,000-strong engineering team—powered by innovative digital solutions and AI—to address global energy challenges for future generations.

SLB OneSubsea is a key value driver for Aker Solutions via its20% ownership. This leading subsea company reported 2025 revenue of USD3.8 billion with an19.4% EBITDA margin. Looking ahead, SLB OneSubsea aims to secure over USD9 billion in new orders over the next two years, positioning itself for growth starting in2027. At year-end, it held a net cash position of USD567 million post-dividend payments.

Capital Allocation & Dividend

Based on Aker Solutions’ financial position and outlook, the Board of Directors will recommend a 2025 dividend of NOK3.60 per share—payable in2026 pending approval at the Annual General Meeting on April16,2026. This dividend represents approximately60% of net income (adjusted for special items), consistent with the company’s regular dividend policy.

CONTACT:
Preben Ørbeck
Investor Relations

+4747010611

Hallvard Norum
Media Contact

+4791380820

This news was provided by Cision

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