---
title: "Bavarian Nordic Q2 FY26 EBITDA margin widens 12 percentage points to 45%; revenue rises 23% to DKK 2.03 billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296572827.md"
description: "Bavarian Nordic reported Q2 FY26 revenue of DKK 2.03 billion, up 23%, with EBITDA margin widening to 45%. Full-year guidance was upgraded to ~DKK 5.7 billion revenue and a 30% EBITDA margin. The US exercised USD 97 million options for JYNNEOS, and the company announced a DKK 750 million share buyback plan."
datetime: "2026-08-21T05:54:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296572827.md)
  - [en](https://longbridge.com/en/news/296572827.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296572827.md)
generator: "portal-rs"
---

# Bavarian Nordic Q2 FY26 EBITDA margin widens 12 percentage points to 45%; revenue rises 23% to DKK 2.03 billion

-   Bavarian Nordic posted Q2 revenue up 23% to DKK 2.03 billion; EBITDA climbed to DKK 925 million, lifting margin 12 percentage points to 45%. \* H1 revenue rose 3% to DKK 3.09 billion; EBITDA reached DKK 1.09 billion, widening margin 3 percentage points to 35%. \* Travel Health revenue jumped 45% to DKK 1.02 billion on strong RabAvert/Rabipur sales; Public Preparedness revenue increased 6% to DKK 975 million. \* Upgraded 2026 guidance targets revenue of about DKK 5.7 billion; EBITDA margin seen at about 30%, up from about 28%. \* US exercised options worth USD 97 million for freeze-dried JYNNEOS; planned a new 2026 share buy-back of up to DKK 750 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bavarian Nordic A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608210151OMX\_\_\_\_\_CNEWS\_EN\_GNW1001258636\_en) on August 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**