Nel ASA Posts Q3 Revenue of NOK 138.12 Million, Down 60.4%

John Kim

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Nel ASA Posts Q3 Revenue of NOK 138.12 Million, Down 60.4%

Revenue from contracts with customers was NOK 112 million, down 63% year over year from NOK 303 million.

By John Kim

Published Oct 15, 2026, 5:35 AM EDT

Two metal columns stand at sharply different heights on a plinth. / TokenPost.ai

Nel ASA’s revenue fell 60.4% year over year to NOK 138.12 million in the third quarter of 2026, while its GAAP EPS was -NOK 0.08.

Revenue from contracts with customers was NOK 112 million, compared with NOK 303 million in the third quarter of 2025. That represented a 63% year-over-year decline.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.