Vigo Photonics Q1 FY26 adjusted net loss narrows to PLN 0.4 million; revenue falls 12.5% to PLN 19.3 million

  • Vigo Photonics posted Q1 2026 revenue of PLN 19.3 million, down 12.5% year over year.
  • Adjusted EBITDA rose 41% to PLN 3.3 million; adjusted net loss narrowed to PLN 0.4 million from PLN 1.7 million.
  • Higher general and administrative expenses, up 29% year over year, reflected one-off acquisition costs tied to InfraRed Associates’ assets.
  • End-April order intake slipped 2% to PLN 36.6 million, while total backlog climbed 29% to PLN 51.5 million.
  • Vigo completed its USD 8.4 million InfraRed Associates asset acquisition; it expects higher first-half and full-year 2026 sales, citing a EUR 5.4 million French order.


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