---
title: "Bavarian Nordic Q2 Revenue Up 23%, Upgrades 2026 Guidance; To Initiate Share Buy-back"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296576979.md"
description: "Bavarian Nordic reported a 23% Q2 revenue increase to 2.03 billion DKK and an EBITDA margin of 45%. The company upgraded its 2026 full-year guidance, expecting revenue of ~5.70 billion DKK and an EBITDA margin of ~30%. Additionally, Bavarian Nordic announced a new share buy-back program of up to 750 million DKK starting in Q3 2026 and terminated its existing 1 billion DKK revolving credit facility."
datetime: "2026-08-21T06:43:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296576979.md)
  - [en](https://longbridge.com/en/news/296576979.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296576979.md)
generator: "portal-rs"
---

# Bavarian Nordic Q2 Revenue Up 23%, Upgrades 2026 Guidance; To Initiate Share Buy-back

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Bavarian Nordic A/S (BAVA.CO) reported that its second quarter EBITDA was 925 million Danish kroner, corresponding to an EBITDA margin of 45%. Revenue in the second quarter increased by 23% to 2.03 billion Danish kroner. The company upgraded its full-year guidance for 2026 and now expects revenue of approximately 5.70 billion Danish kroner, corresponding to the upper end of the previous guidance range of 5.50 billion - 5.70 billion Danish kroner. The EBITDA margin is now expected to reach approximately 30%, revised from prior guidance of approximately 28%.

Bavarian Nordic announced its plans to launch a new share buy-back program of up to 750 million kroner, starting in the third quarter of 2026. Following the latest share buy-back program, completed in July 2026, the company holds 3,558,591 treasury shares, corresponding to 4.49% of the company's share capital. Also, Bavarian Nordic has decided to terminate its existing revolving credit facility of 1 billion kroner established with Nordea and Danske Bank in 2023. 

At last close on Nasdaq Copenhagen, Bavarian Nordic stock was trading at 192.00 kroner.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. 

For comments and feedback contact: editorial@rttnews.com

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