SCHMID Group N.V. has announced a significant operational update following the completion of its third quarter for 2026. The company recorded impressive order intake and revenue figures, prompting management to raise its order intake guidance for the year.
On October 21, 2026, SCHMID Group N.V. reported an order intake of €67.8 million and revenues of €24.0 million for the third quarter. The order backlog stood at €96.8 million as of September 30, 2026, indicating a robust demand for its products.
Given the strong order intake in Q3, the company is upgrading its full-year order intake guidance from a range of €125 to €150 million to more than €150 million. This reflects a positive outlook for the company and the machinery and equipment industry.
Founded in 1864, SCHMID Group N.V. is a global leader in providing advanced equipment and process solutions for the high-tech industry, particularly in electronics and semiconductor-related applications. The company is headquartered in Freudenstadt, Germany, and operates technology centers and manufacturing facilities in Germany and China.
The recent filing indicates that the company has also secured a significant equipment order valued at more than €25 million. This order, aimed at expanding advanced High-Density Interconnect (HDI) manufacturing capacity in Malaysia, further demonstrates SCHMID's strong position in the market.
In September 2026, holders of the company's 7.00% Senior Convertible Notes due 2028 converted an aggregate principal amount of $4 million into ordinary shares, leaving $5 million of the notes outstanding. As of October 21, 2026, SCHMID had 62,805,666 ordinary shares outstanding.
The filing does not specify what happens next, but the increased order intake guidance and the new equipment order signal a promising trajectory for SCHMID Group N.V. and its stakeholders.