Modulight lifts profitability as third-quarter orders reach some of its strongest levels
Finland's Modulight reported third-quarter revenue up 7% and orders up 154%, according to TradingView. EBITDA margin reached 53.2% and the annual outlook was kept unchanged.
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what happened
Finnish laser company Modulight Corporation, according to TradingView, published its interim results for January to September 2026. Revenue in July to September rose 7% to EUR 1.9 million, while EBITDA reached EUR 1.0 million with a margin of 53.2%. Sales under the pay-per-treatment (PPT) model jumped 110% to EUR 0.5 million.
Order intake in the third quarter climbed 154% to EUR 3.5 million. The company said a larger share of orders was for finished products rather than development projects and NRE work. For nine months, revenue came to EUR 4.985 million versus EUR 5.333 million a year earlier, and the operating loss (EBIT) narrowed to EUR 2.8 million. Management left its 2026 guidance unchanged, expecting revenue and profitability to rise compared with last year.
why it matters
For markets this is news from a small company in a narrow laser-technology niche, so its wider impact is limited. Management warns that quarterly orders will fluctuate significantly, so one strong quarter should not be taken as a sign of future trends. The company also says the pace of its shift to the PPT payment model remains hard to assess.
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- Modulight’s profitability improved significantly – order intake among the strongest in the company’s history — TradingView, 23 October 2026 at 07:30 UTC
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