Record Opportunity Pipeline Growth, and Multiple Product Ramps into 2027 remain on Track for Growth Acceleration. Q1 2026 financials impacted by U.S. Government shutdown and associated defense budget approval delays as well as exchange rate

KISTA, Sweden, May 29, 2026 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies today announced financial results for Q1 2026, including a Year-to-Date growth of 77% in its opportunity pipeline to $799M, compared to end of 2025. Q1 revenues were impacted by U.S. Government shutdown in Q4 2025 and associated defense budget approval delays as well as an unfavorable exchange rate environment. Sivers expenses grew to increase sales resources for its growing pipeline as well as preparations for the potential U.S. dual listing. The recent capital raise in May 2026 added high quality institutional investors and provides solid runway for the Company to execute on its plans.

First quarter January, March 2026

Net sales amounted to SEK 61.9 m (78.9), equivalent to a decrease of 22% YoY.

Adjusted EBITDA totaled SEK -13.8 m (-6.0), equivalent to a decrease by SEK 7.8 m

Profit/loss before depreciation and amortization (EBITDA) amounted to SEK -24.7 m (-8.6)

Operating profit/loss (EBIT) was SEK -41.5 m (-28.3)

Profit/loss after tax amounted to SEK ...