ENOGIA Reports 32% Revenue Growth in H1 2026

ENOGIA, a leader in micro-turbomachinery, has announced a 32% revenue increase for the first half of 2026, reaching €7.1 million. This growth aligns with its full-year target of over 30%. EBITDA margin improved to 15.4%, signifying a robust financial performance.

The ORC Modules business, representing 91.4% of the company’s revenue, grew by 45%, driven by major contracts in South Korea for hydrogen fuel cell equipment. Conversely, the Innovative Turbomachinery segment experienced a 33% decline due to project scheduling, expecting a rebound later in the year.

Despite a negative free cash flow of €4.4 million from working capital pressures and strategic investments, the company secured €5.4 million in EU funding. This support aids capital expenditures and advances ENOGIA’s Turbo 2028 plan, securing a strategic roadmap for expansion and sustainable growth.