Mining boom lifts Epiroc to strong second quarter with double-digit growth


Epiroc exploration platform on a floating barge. Credit: Epiroc

Epiroc (OTC: EPIAF) It released its interim report for the second quarter of 2026. The company recorded double-digit growth in revenue and operating profit, primarily driven by higher demand for mining equipment and exploration solutions.

Epiroc’s Q2 2026 results highlighted a 13% increase in orders to SEK 17.3 billion (about CAD $2.51 billion) with large orders reaching SEK 720 million (about CAD $104.5 million), along with 10% revenue growth to SEK 16.7 billion (about CAD 2.42 billion) and a 17% increase In operating profit to 3.3 billion Swedish krona (about 480 million Canadian dollars). Adjusted operating profit was 3.35 billion Swedish krona (about 490 million Canadian dollars).

“With our strong local presence and expanded service range, we help customers improve productivity and safety while maximizing equipment uptime,” said Helena Hedblom, President and CEO of Epiroc.

Epiroc is an innovative mining company based in Stockholm that advances automation and electrification worldwide. The company has more than 19,000 employees. In 2025, its revenues amounted to approximately 62 billion Swedish krona (about 9 billion Canadian dollars).

The full progress report for the second quarter of 2026 is available on the company’s website Website.



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