Norsk Hydro

NHY · Oslo Børs · NOK

kr 80.10+0.83%+kr 0.66

Close · October 2, 2026

At a glance

Revenue growth: +2.13%; 2025 vs 2024
Net income growth: +16.01%; 2025 vs 2024
Net margin: 3.2%; 2024: 2.8%

Financial data

Amounts in millions of NOK; per-share values in NOK; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	56,489	50,389	47,214	50,546	53,116	57,094	55,057	50,089	50,944	47,545	46,754	44,702
Cost of revenue	32,153	31,676	32,005	32,978	33,659	34,473	33,815	32,099	33,410	30,025	29,633	30,501
Gross profit	24,336	18,713	15,209	17,568	19,457	22,621	21,242	17,990	17,534	17,520	17,121	14,201
Selling, general and administrative	6,925	6,982	7,368	6,628	6,884	7,111	6,969	6,423	6,819	6,748	6,663	6,238
Operating income	15,698	10,349	6,196	9,647	11,098	14,277	13,207	10,112	9,609	9,300	9,089	5,984
EBIT	15,698	10,349	6,196	9,647	11,098	14,277	13,207	10,112	9,609	9,300	9,089	5,984
EBITDA	18,401	12,973	8,856	12,161	13,615	16,823	15,906	12,563	12,107	11,772	11,602	8,311
Interest expense	511	470	625	596	548	588	667	675	795	597	593	509
Pre-tax income	7,987	6,272	-2,099	3,043	3,568	9,210	3,929	1,626	2,160	1,148	-2,515	55.0
Income tax	2,022	1,931	57.0	894	1,117	3,348	2,146	217	739	720	256	680
Net income	5,694	4,236	-2,363	2,194	2,053	4,834	1,913	793	2,144	941	-2,536	-358
Net income to common shareholders	5,694	4,236	-2,363	2,194	2,053	4,834	1,913	793	2,144	941	-2,536	-358
Basic EPS	2.90	2.16	-1.20	1.12	1.04	2.45	0.96	0.40	1.07	0.47	-1.26	-0.18
Diluted EPS	2.90	2.16	-1.20	1.12	1.04	2.45	0.96	0.40	1.07	0.47	-1.26	-0.18
Average shares (basic)	1,966	1,965	1,964	1,965	1,975	1,975	1,985	1,995	2,005	2,006	2,017	2,026
Average shares (diluted)	1,966	1,965	1,964	1,965	1,975	1,975	1,985	1,995	2,005	2,006	2,017	2,026
Dividend per share	—	—	3.00	—	—	—	2.25	—	—	—	2.50	—