LION E-Mobility AG, a manufacturer of lithium-ion battery packs for electric mobility and energy storage, has published preliminary figures for the first nine months of 2026 and revised its full-year revenue guidance. The company reported 9M revenue of EUR 15.4 million, including EUR 8.5 million in the third quarter, and now expects full-year 2026 revenue of EUR 20 to 25 million, down from previous expectations. The adjustment follows delays in delivery call-offs by mobility customers, longer lead times for battery energy storage system (BESS) components, and supply chain transport disruptions tied to the geopolitical situation.
Despite the revenue shortfall, LION maintained positive EBITDA. Third-quarter EBITDA reached EUR 0.1 million, bringing the nine-month total to EUR 0.2 million. The company expects to close fiscal year 2026 with positive EBITDA, reflecting cost base adjustments made over the past two years to accommodate market volatility. The preliminary figures were announced via NEWMEDIAWIRE.
Production of LION's new high-performance NMC+ battery packs began as planned at the end of June, following a shutdown for conversion works in the second quarter. These packs combine strong performance with a robust system architecture for demanding applications in e-mobility, industry, and safety-critical sectors. Customer response has been positive, with main customers in the third quarter coming from the bus and commercial vehicle industries in Europe and North America. The defence sector is also emerging as a new customer group for mission-critical applications.
In the BESS business, LION secured additional projects in the third quarter with a combined storage capacity of 30 MWh. The company is establishing a service hub at its Hildburghausen site for commissioning, maintenance, and repair of battery storage systems. It is also developing a BESS-as-a-Service model for photovoltaic and wind farm operators, which would allow customers to use storage capacity without upfront investment, with financing from several partners. A multi-source strategy with qualified suppliers of battery and power-conversion components provides customers flexibility in technology, pricing, and delivery times.
CEO Dr. Joachim Damasky commented: "Our new high-performance battery packs are being well received by our customers. Nevertheless, they have shifted their demand towards next year. That costs us revenue this year. But we remain profitable at EBITDA level. The NMC+ order book for 2027 gives us a solid basis and our BESS business is gaining momentum."
The guidance adjustment matters for investors and industry observers because it highlights how geopolitical uncertainty and supply chain delays are pressuring even specialized battery manufacturers. However, LION's ability to remain EBITDA-positive and its growing BESS pipeline, including the new as-a-service model, suggest the company is positioning itself for a recovery in 2027. The shift of orders into next year, while costly in the short term, provides a foundation for future growth. More details are available through the original release. LION will publish full 9M 2026 figures on November 11.
