MilDef Group AB (publ) (STO:MILDEF)

MilDef Group AB Revenue

MilDef Group AB had revenue of 829.20M SEK in the quarter ending September 30, 2026, with 53.64% growth. This brings the company's total for the last twelve months to 2.95B, up 75.60% year-over-year. In the year 2025, MilDef Group AB had annual revenue of 2.05B with 70.31% growth. That makes MilDef Group AB the 14,581st largest company in the world by revenue and 182nd in Sweden.

• Revenue (ttm): 2.95B
• Revenue Growth: +75.60%
• P/S Ratio: 3.88
• Revenue / Employee: 5.13M
• Employees: 575
• Market Cap: 11.46B

Revenue Chart

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Revenue by Geography

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• Germany 608.10M 29.7%
• Sweden 579.40M 28.3%
• Europe (excl. Nordics & Germany) 262.90M 12.9%
• Norway 235.50M 11.5%
• USA 147.00M 7.2%
• Rest of Nordics (Excl. Sweden) 122.30M 6.0%
• Other Countries 90.00M 4.4%

Fiscal year ended Dec 31, 2025 See the full MilDef Group AB breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	2.05B	844.30M	70.31%
Dec 31, 2024	1.20B	49.60M	4.31%
Dec 31, 2023	1.15B	412.50M	55.83%
Dec 31, 2022	738.80M	269.20M	57.33%
Dec 31, 2021	469.60M	71.10M	17.84%
Dec 31, 2020	398.50M	64.52M	19.32%
Dec 31, 2019	333.98M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Oct 22, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

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