Saab Q2 Revenue Surges 29% on Order Bookings of SEK 68 Billion

Saab AB reported second-quarter earnings that showed a sharp jump in revenue and order intake as the Swedish defense contractor expanded its backlog.

GAAP earnings per share came in at SEK 3.96 for the period. Revenue rose 28.6% from a year earlier to SEK 25.45 billion, the company said in a statement.

Order bookings reached SEK 68.4 billion, more than double the SEK 25.5 billion the company reported in the same quarter last year, signaling strong demand across its product lines.

Saab did not provide a formal outlook or segment-level breakdown in the release. The company has been a beneficiary of increased European defense spending since 2022, and the latest order figure suggests that momentum continued into the second quarter of 2025.