SCHMID Group raised its 2026 order-intake guidance after third-quarter bookings more than doubled from the previous quarter. The Nasdaq-listed electronics-equipment maker said on October 21 that Q3 order intake reached €67.8 million, up from €30.7 million in Q2.

The update signals stronger demand visibility for a supplier serving printed-circuit-board, substrate and semiconductor-related manufacturing. SCHMID also reported a larger backlog and confirmed its revenue and adjusted EBITDA-margin outlook, although the figures remain preliminary and unaudited.

Q3 orders strengthen revenue visibility

According to SCHMID’s October 21 business update, preliminary third-quarter revenue was €24.0 million. First-nine-month order intake totaled €111.7 million, while revenue for the period reached €70.0 million.

The quarter included a repeat order exceeding €37 million that SCHMID announced in July. The company said the reported order figures cover equipment only and exclude services and spare parts, an important distinction when comparing the backlog with total future revenue.

Momentum continued into the fourth quarter. SCHMID announced a separate equipment agreement worth more than €25 million for high-density interconnect manufacturing capacity in Malaysia. More than €7 million of that amount was recorded in Q3, with the balance moving into Q4 order intake.

SCHMID order momentum (€ millions)

Q2 2026 order intake: €30.7m

Q3 2026 order intake: €67.8m

June 30 backlog: €54.8m

September 30 backlog: €96.8m

Source: SCHMID Group. Each pair is scaled to its larger value.

Guidance rises as HDI demand builds

Management now expects full-year equipment order intake above €150 million, replacing its previous €125 million to €150 million range. SCHMID kept its forecast for revenue above €100 million and an adjusted EBITDA margin of 6% to 9%.

The new Malaysia order supports capacity for advanced high-density interconnect production, a technology used to pack more connections into smaller circuit-board areas. That positioning gives SCHMID exposure to demand from advanced electronics and AI-related hardware, but investors should remember that the operational metrics are non-IFRS and the Q3 numbers can change in final reporting.

For context across the industrial technology cycle, see Vicor’s AI power licensing update, Bureau Veritas’ revenue and AI target, and Schneider’s PTC financing plan.

Sharron Kendi is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence.