Investors
Capsol Technologies Q2 2026 financial results: Advancing low-carbon power in the U.S.
➜ ~150 gas turbine leads being assessed directly and indirectly with partners
➜ Advanced an exclusive commercial-scale project into pre-FEED and established partnerships, validating both the technology and broader commercial model
➜ Holcim became a strategic shareholder and Dyckerhoff launched a new CapsolGo demonstration campaign, strengthening technology validation and Company’s position in European cement
➜ E.ON selected Capsol for a feasibility study in Norrköping, while customer engagement around a partner-led multi-project model is increasing
➜ NOK 45 million equity raise and debt refinancing combined implemented cost and cash preservation initiatives, strengthened financial flexibility and significantly reduced cash outflow
➜ H1 2026 gross profit was NOK 7 million, down from NOK 23 million in H1 2025, reflecting slower market activity. Cost reduction initiatives kept operating cash flow broadly in line year-on-year, adjusted for the Stockholm Exergi license payment in 2025.
➜ H2 outlook: Higher CapsolGo utilization and reduced cost base are expected to narrow the gap to operational break-even in H2 2026
Reports 2026
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Reports 2025
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Archive
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2024
2023
Shareholder information
Capsol Technologies is listed on Euronext Oslo Stock Exchange. Ticker symbol CAPSL.
Information on share price, trade volumes and company announcements can be found on Euronext Oslo Børs.
Capsol seeks to create sustained shareholder value. The Board of Directors emphasises communicating and maintaining good relationships with shareholders through financial reports, press releases and presentations. Capsol has not yet reached the stage when it can pay dividends from ongoing earnings.
Capsol Technologies’ Board of Directors has adopted corporate governance principles aimed at ensuring that the board remains informed and independent. The Board of Directors is elected by the shareholders to oversee management and to assure that the long-term interests of Capsol´s shareholders are being served.
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