---
title: "Nel ASA GAAP EPS of -NOK 0.08, revenue of NOK 151.84M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283618492.md"
description: "Nel ASA reported a Q1 GAAP EPS of -NOK 0.08 and revenue of NOK 151.84M, reflecting a 13.2% year-over-year decline. Revenue from contracts with customers was NOK 148 million, down 5% from Q1 2025. EBITDA was -NOK 100 million, an improvement from -NOK 115 million in Q1 2025. Order intake fell 73% to NOK 85 million, with a backlog of NOK 1,113 million, down 24% year-over-year. The cash balance stood at NOK 1,443 million at the end of the quarter."
datetime: "2026-04-22T07:47:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283618492.md)
  - [en](https://longbridge.com/en/news/283618492.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283618492.md)
---

# Nel ASA GAAP EPS of -NOK 0.08, revenue of NOK 151.84M


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