GomSpace, a leading developer of small satellite solutions, has provided an updated financial outlook for 2025. While the company maintains a strong performance trajectory for its top-line growth and earnings, it has opted to suspend its Free Cash Flow guidance due to year-end timing uncertainties.
The company reaffirmed its confidence in its operational execution, stating that both revenue and EBITDA are currently anticipated to land in the upper half of the previously announced guidance ranges. This positive momentum is driven by consistent project delivery and steady demand for its nanosatellite platforms.
However, the outlook for Free Cash Flow—previously expected to be positive for the full year—has been suspended. This shift is attributed to increased uncertainty regarding the timing of key milestone payments and prepayments originally slated for Q4. While GomSpace confirms that execution remains on track and these payments are still expected, the potential for year-end processing delays on the customer side prompted the adjustment to ensure financial transparency.
Updated 2025 Financial Guidance
| Metric | Updated Forecast |
| Revenue | 420–450 M.SEK (Upper half expected) |
| EBITDA Margin | 6% to 12% (Upper half expected) |
| Adjusted EBITDA Margin | 7% to 13% (Upper half expected) |
| Free Cash Flow | Suspended (Previously: Positive) |
“Our operational execution remains strong, and we are on track to deliver strong revenue and EBITDA margin for 2025,” said Carsten Drachmann, CEO of GomSpace. “The decision to suspend Free Cash Flow guidance reflects our commitment to transparency, given timing uncertainties.”
GomSpace is scheduled to provide a comprehensive review of its performance and further updates during the full-year earnings release on February 19, 2026.