Storytel Reports Quarterly Growth, Confirms 2026 EBITDA Guidance
Storytel added 80,000 paying subscribers to reach 2.83 million. Net sales grew 16.5% at constant exchange rates, adjusted EBITDA margin was 22.7%, operating profit rose 16% to SEK 176 million and net profit was SEK 151 million. It confirmed full-year 2026 adjusted EBITDA guidance of SEK 900 million.
Storytel Group announced a strong quarter characterized by the largest subscriber increase since 2023, adding 80,000 paying subscribers to reach a total of 2.83 million. The company reported net sales growth of 16.5% at constant exchange rates and an adjusted EBITDA margin of 22.7%. Operating profit rose 16% to SEK 176 million, while net profit reached SEK 151 million. CEO Bodil Eriksson Torp highlighted the company's performance as a key factor in confirming its full-year 2026 adjusted EBITDA guidance of SEK 900 million.
Additionally, the company noted that it initiated a buyback of B shares of up to SEK 300 million in August.