NASDAQ : ENRD
Einride AB — Financial statements
Technology · Software - Application · Sweden
Last price 2.22 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 325.65M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Einride AB (ENRD) reported revenue of 504.90M SEK (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in SEK.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 504.90M | 457.84M | 388.38M | 185.25M |
| Cost of Revenue | 763.84M | 672.48M | 531.25M | 424.13M |
| Gross Profit | -258.94M | -214.64M | -142.88M | -238.88M |
| Selling, General & Admin | 447.20M | 379.62M | 372.46M | 513.34M |
| Research & Development | 404.49M | 329.82M | 349.05M | 401.47M |
| Other Operating Expenses | -1.67M | 7.02M | -6.97M | 124.21M |
| Operating Expenses | 850.02M | 716.46M | 714.55M | 1.04B |
| Operating Income | -1.11B | -931.10M | -857.42M | -1.28B |
| Interest Expense | -191.90M | -588.65M | -214.78M | -51.60M |
| Interest & Investment Income | 5.20M | 5.08M | 21.78M | 31.28M |
| Earnings From Equity Investments | 1.51M | 1.43M | 282.00K | 60.00K |
| Currency Exchange Gain (Loss) | -24.57M | -77.51M | 38.25M | 9.65M |
| Other Non Operating Income (Expenses) | 444.53M | -131.96M | 49.62M | 5.27M |
| EBT Excluding Unusual Items | -874.19M | -1.72B | -962.28M | -1.28B |
| Asset Writedown | -59.55M | |||
| Legal Settlements | -30.30M | -26.31M | ||
| Pretax Income | -1.96B | -1.72B | -962.28M | -1.37B |
| Income Tax Expense | -3.07M | -1.03M | 5.33M | 2.29M |
| Net Income | -1.95B | -1.72B | -967.61M | -1.37B |
| Net Income to Common | -1.95B | -1.72B | -967.61M | -1.37B |
| Shares Outstanding (Basic) | 54.45M | 43.48M | 40.66M | 39.25M |
| Shares Outstanding (Diluted) | 54.45M | 43.48M | 40.66M | 39.25M |
| EPS (Basic) | -35.85 | -39.60 | -23.80 | -34.94 |
| EPS (Diluted) | -35.85 | -39.60 | -23.80 | -34.94 |
| Free Cash Flow | -1.13B | -906.29M | -554.92M | -1.51B |
| Free Cash Flow Per Share | -20.75 | -20.85 | -13.65 | -38.46 |
| Gross Margin | -51.28% | -46.88% | -36.79% | -128.95% |
| Operating Margin | -219.64% | -203.37% | -220.77% | -689.83% |
| Profit Margin | -386.67% | -376.04% | -249.14% | -740.30% |
| Free Cash Flow Margin | -223.77% | -197.95% | -142.88% | -814.78% |
| EBITDA | -964.52M | -800.30M | -728.40M | -1.18B |
| EBITDA Margin | -191.03% | -174.80% | -187.55% | |
| D&A For EBITDA | 144.44M | 130.80M | 129.02M | 95.39M |
| EBIT | -1.11B | -931.10M | -857.42M | -1.28B |
| EBIT Margin | -219.64% | -203.37% | -220.77% | |
| Advertising Expenses | 20.07M |
Balance sheet
Fiscal year January - December; amounts in SEK.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 747.60M | 278.82M | 74.17M | 221.05M |
| Cash & Short-Term Investments | 747.60M | 278.82M | 74.17M | 221.05M |
| Accounts Receivable | 27.68M | 21.02M | 21.15M | 39.54M |
| Other Receivables | 131.45M | 106.28M | 95.94M | 98.42M |
| Receivables | 159.13M | 127.30M | 117.09M | 137.96M |
| Prepaid Expenses | 34.22M | 18.07M | 17.70M | 18.71M |
| Restricted Cash | 32.87M | 162.40M | ||
| Other Current Assets | 8.78M | 6.16M | ||
| Total Current Assets | 940.95M | 432.96M | 247.99M | 540.11M |
| Property, Plant & Equipment | 1.45B | 1.18B | 1.28B | 1.43B |
| Long-Term Investments | 20.80M | 13.03M | 11.60M | 4.79M |
| Other Intangible Assets | 312.00K | 1.26M | ||
| Long-Term Deferred Tax Assets | 4.77M | 855.00K | ||
| Other Long-Term Assets | 1.53B | 195.47M | 207.69M | 12.89M |
| Total Assets | 3.94B | 1.83B | 1.75B | 1.99B |
| Accounts Payable | 411.04M | 265.70M | 376.29M | 267.28M |
| Accrued Expenses | 160.75M | 169.85M | 100.63M | 96.53M |
| Current Portion of Long-Term Debt | 16.47M | 211.78M | 72.90M | |
| Current Portion of Leases | 81.24M | 75.47M | 76.21M | 68.28M |
| Current Income Taxes Payable | 7.03M | 3.83M | ||
| Current Unearned Revenue | 47.23M | 62.15M | 60.59M | 51.19M |
| Other Current Liabilities | 1.46B | 359.44M | 167.04M | 35.29M |
| Total Current Liabilities | 2.17B | 1.15B | 784.59M | 591.46M |
| Long-Term Debt | 32.83M | 12.18M | 379.80M | 188.31M |
| Long-Term Leases | 651.55M | 567.08M | 565.30M | 470.80M |
| Long-Term Deferred Tax Liabilities | 633.00K | 593.00K | 6.37M | 2.10M |
| Other Long-Term Liabilities | 1.30B | 152.10M | 1.43M | 45.03M |
| Total Liabilities | 4.15B | 1.88B | 1.74B | 1.30B |
| Common Stock | 652.00K | 529.00K | 319.00K | 309.00K |
| Additional Paid-In Capital | 6.32B | 5.34B | 3.75B | 3.43B |
| Retained Earnings | -6.54B | -5.42B | -3.70B | -2.73B |
| Comprehensive Income & Other | 4.63M | 23.93M | -40.07M | -9.35M |
| Shareholders' Equity | -211.00M | -58.00M | 12.19M | 690.89M |
| Total Liabilities & Equity | 3.94B | 1.83B | 1.75B | 1.99B |
| Total Debt | 782.10M | 866.51M | 1.02B | 800.29M |
| Net Cash (Debt) | -34.49M | -587.68M | -947.14M | -579.24M |
| Net Cash Per Share | -0.63 | -13.52 | -23.29 | -14.76 |
| Filing Date Shares Outstanding | 142.20M | 47.03M | 40.67M | 39.25M |
| Total Common Shares Outstanding | 142.20M | 47.03M | 40.67M | 39.25M |
| Working Capital | -1.23B | -718.45M | -536.61M | -51.35M |
| Book Value Per Share | -1.48 | -1.23 | 0.30 | 17.60 |
| Tangible Book Value | -211.00M | -58.00M | 11.88M | 689.63M |
| Tangible Book Value Per Share | -1.48 | -1.23 | 0.29 | 17.57 |
| Buildings | 2.28M | |||
| Machinery | 897.30M | 899.17M | 826.77M | |
| Construction In Progress | 169.57M |
Cash flow statement
Fiscal year January - December; amounts in SEK.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -1.95B | -1.72B | -967.61M | -1.37B |
| Depreciation & Amortization | 248.96M | 227.50M | 225.96M | 172.47M |
| Loss (Gain) From Sale of Assets | -25.89M | 5.32M | -8.98M | 84.79M |
| Asset Writedown & Restructuring Costs | 344.00K | 312.00K | 1.06M | 22.98M |
| Loss (Gain) From Sale of Investments | -5.39M | |||
| Loss (Gain) on Equity Investments | -1.51M | -1.43M | -282.00K | -60.00K |
| Stock-Based Compensation | 264.81M | 15.63M | 10.17M | 15.01M |
| Other Operating Activities | 316.69M | 690.60M | 64.53M | 6.73M |
| Change in Accounts Receivable | 3.60M | 10.57M | 23.15M | -6.39M |
| Change in Accounts Payable | 164.41M | -52.19M | 96.41M | 243.38M |
| Change in Unearned Revenue | -1.79M | 3.19M | 9.39M | 3.05M |
| Change in Other Net Operating Assets | -10.59M | 80.46M | 156.59M | -189.04M |
| Operating Cash Flow | -993.26M | -741.71M | -389.61M | -1.02B |
| Capital Expenditures | -136.56M | -164.58M | -165.31M | -485.49M |
| Sale of Property, Plant & Equipment | -734.00K | 22.70M | 57.49M | 13.87M |
| Cash Acquisitions | -675.00K | |||
| Investment in Securities | -20.07M | -1.22M | -7.26M | -4.73M |
| Other Investing Activities | -201.00K | |||
| Investing Cash Flow | -124.11M | -143.10M | -115.08M | -477.23M |
| Long-Term Debt Issued | 468.89M | 492.75M | 312.32M | |
| Long-Term Debt Repaid | -137.22M | -441.98M | -90.34M | |
| Lease Payments | -146.71M | -137.22M | -121.97M | -90.34M |
| Net Debt Issued (Repaid) | 33.99M | 331.67M | 50.78M | 221.98M |
| Issuance of Common Stock | 1.74B | 774.04M | 309.46M | 248.82M |
| Other Financing Activities | -16.93M | -10.91M | -3.79M | -84.89M |
| Financing Cash Flow | 1.75B | 1.09B | 356.45M | 385.91M |
| Foreign Exchange Rate Adjustments | -1.18M | -5.33M | 1.36M | 5.00K |
| Miscellaneous Cash Flow Adjustments | 1.00K | |||
| Net Cash Flow | 634.80M | 204.66M | -146.88M | -1.12B |
| Free Cash Flow | -1.13B | -906.29M | -554.92M | -1.51B |
| Free Cash Flow Margin | -223.77% | -197.95% | -142.88% | -814.78% |
| Free Cash Flow Per Share | -20.75 | -20.85 | -13.65 | -38.46 |
| Levered Free Cash Flow | 879.16M | -695.83M | -195.97M | |
| Unlevered Free Cash Flow | 999.10M | -327.93M | -61.73M | |
| Free Cash Flow After Leases | -1.28B | -1.04B | -676.90M | -1.60B |
| Cash Interest Paid | 84.56M | 109.43M | 64.53M | 39.58M |
| Cash Income Tax Paid | 6.94M | 7.08M | 3.02M | 3.94M |
| Change in Working Capital | 155.63M | 42.04M | 285.55M | 51.00M |
Ratios
Fiscal year January - December; amounts in SEK.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Debt / Equity Ratio | -3.71 | -14.94 | 83.76 | 1.16 |
| Net Debt / Equity Ratio | -0.16 | -10.13 | 77.68 | 0.84 |
| Net Debt / EBITDA Ratio | -0.04 | -0.73 | -1.30 | -0.49 |
| Net Debt / FCF Ratio | -0.03 | -0.65 | -1.71 | -0.38 |
| Asset Turnover | 0.18 | 0.26 | 0.21 | |
| Quick Ratio | 0.42 | 0.35 | 0.24 | 0.61 |
| Current Ratio | 0.43 | 0.38 | 0.32 | 0.91 |
| Return on Equity (ROE) | -275.25% | |||
| Return on Assets (ROA) | -25.02% | -32.56% | -28.67% | |
| Return on Capital Employed (ROCE) | -62.70% | -138.20% | -88.80% | -91.50% |
| Buyback Yield / Dilution | -33.87% | -6.93% | -3.60% |