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ITM Power upgrades 2026 loss forecast, expects £20-21m EBITDA loss, a 38% improvement

Company Fundamentals
08 Oct 2026
Proactive Investors
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Bullish
ITM Power upgrades 2026 loss forecast, expects £20-21m EBITDA loss, a 38% improvement

ITM Power PLC, a maker of electrolysers for green hydrogen, has improved its adjusted EBITDA loss forecast for the 2026 financial year to £20-21 million, marking a 38% improvement from the previous year. The company’s revenue and cash guidance remain unchanged. Ahead of its annual preliminary results, ITM Power will hold a presentation led by its CEO, CFO, and CTO, open to shareholders who can submit questions in advance or during the event. This update signals progress in the company’s financial performance despite ongoing losses.

ITM Power's upgraded 2026 loss guidance provides context for energy market watchers. For readers following the energy sector, here is Pluang's market snapshot as of Oct 08, 2026 14:51 WIB: Among 38 priced US energy stocks, 25 rose and 12 fell today. Devon Energy Corp (DVN) traded at USD 48.40 with 92% buy orders and a typical hold time of 135 days. Shell PLC (SHEL) was at USD 97.90 with 90% sell orders and a 90-day hold time. Exxon Mobil Corporation (XOM) stood at USD 165.83 with 74% buy orders and a 99-day hold time.

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