LION E-Mobility AG (LION; ISIN: CH0560888270), a manufacturer of battery packs for electric mobility and energy storage solutions, has published its Q1 2026 results. The company generated revenue of EUR 3.3 million in the first quarter, compared to EUR 6.5 million in Q1 2025. Despite the decline, EBITDA remained positive at EUR 0.3 million, down from EUR 1.5 million a year earlier, 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, reflecting cost discipline and better payment terms from suppliers.
The Q1 results reflect the company's strategic transition to battery packs featuring new high-performance NMC+ battery cells, which are expected to be available for sale starting in Q3 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) business is gaining momentum. The company 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 LION's strategic expansion into large-scale energy storage solutions. The pipeline of BESS quotations exceeds 7.5 GWh and includes more than ten customers. A second project in Germany, for 5 MW / 10 MWh with delivery scheduled for 2026, is in final negotiations, and further projects are in advanced stages. To accelerate this momentum, LION has strengthened its sales team with three new hires dedicated to the BESS segment, and strategic partner LEAPENERGY is intensifying its activities in the German market. The combination of tailored payment terms and a robust guarantee framework positions LION competitively.
The defense sector offers additional growth potential. LION is working on several defense-related inquiries. A recent example is the collaboration with Mandrill Engineering, where LION Smart’s high-performance battery technology powers an advanced unmanned ground vehicle, enabling extended mission capabilities in demanding environments.
LION confirms its fiscal 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. The second quarter sales are expected to be higher than Q1, coming from remaining inventories already sold. A significant portion of 2026 revenues is expected to be generated in the second half of the year.
For more information, visit www.lionemobility.com. The original press release is available at www.newmediawire.com.
